Phantom Wallet Milestone: CEO Confirms Surge To New Heights In User Base
Summary
Phantom, a San Francisco-based cryptocurrency wallet in the Solana ecosystem, has seen a significant increase in its user base. The platform's CEO revealed that its active users tripled to over 3.2 million MAUs in January 2024, a 220% rise from the previous year. The surge in users and installs, from 167,000 to about 941,000, marks a major milestone for the platform. Phantom, initially a Solana-only wallet, now supports other blockchains like Bitcoin, Ethereum, and Polygon. The rise in user base is attributed to Solana-based airdrops and growing activity in the DeFi sector.
