Phantom Wallet, the cryptocurrency wallet initially designed for the Solana blockchain, has soared to new heights, surpassing the long-reigning social media titan, Facebook, in the Google Play Store’s US rankings.
Originally catering to Solana (SOL) token users, Phantom Wallet has strategically expanded its horizons. It now supports a variety of major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Polygon (MATIC), positioning itself as a versatile hub for many crypto users.
Recent data reveals that Phantom Wallet achieved an impressive 770,000 downloads in April alone, edging out Facebook and even OpenAI’s ChatGPT in the rankings.
This surge has driven Phantom Wallet to the No. 11 spot in the free download category, trailing just behind other popular apps like Snapchat.
Phantom Wallet has surpassed Facebook and secured the No. 2 spot in the Google Play Store for free finance apps, placing it just behind Cash App.
The wallet’s popularity is not just about download numbers. With over 7 million active users reported in April, this metric is seen by many as a strong indicator of cryptocurrency’s move toward mainstream adoption.
With over 5 million downloads, Phantom Wallet is now a leading force in the finance category, outperforming other giants like PayPal, Venmo, Zelle, and even Google Wallet.
In line with its rising popularity, it has also recently acquired Bitski, a web3 browser extension.
Bitski’s technology allows developers to create rich wallet experiences and users to sign in to apps using their email addresses or social accounts, simplifying the onboarding process.
Phantom Wallet’s Twitter presence has been buzzing with activity. The wallet’s support for multiple chains, including Solana, Ethereum, and Polygon, and its user-friendly features for managing NFTs and tokens have been highlighted.
See also: Coinbase Wallet Unveils Crypto Transfers Features Using WhatsApp, Telegram and Others
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