coinculture.com
Phantom, a non-custodial wallet built on the Solana blockchain, is now ranking among the top utility apps on the Apple App Store. This achievement, highlighted by Bitcoin investor Evan Luthra, underscores the growing interest in Solana-based tokens, with Phantom emerging as the third most popular utility app in the U.S., trailing only Google apps.
Luthra’s remarks suggest increasing optimism about the potential of Solana tokens, with the surge in Phantom’s popularity signalling a promising trend.
🚨BREAKING🚨
Phantom wallet becomes the TOP 3 utility app in the Apple App store in the US!
Seems like the $SOL season is going to be BIG!
What SOL coins shall I buy?👀👇 pic.twitter.com/QiLOv4Es1V
— EvanLuthra.eth (@EvanLuthra) May 19, 2024
The wallet’s ascent comes shortly after reaching 7 million monthly active users, solidifying its position as a leading choice for cryptocurrency enthusiasts.
In terms of overall rankings, Phantom Wallet holds the 32nd spot across all categories on the Apple App Store, surpassing notable apps like Coinbase. While rankings consider various factors beyond just downloads, Phantom’s success reflects the broader appeal of self-custodial wallets, empowering users to control their assets securely.
Initially focused on the Solana blockchain, Phantom Wallet has expanded its support to include Bitcoin, Ethereum, and Polygon networks, offering users greater flexibility in managing their digital assets. Its rise in prominence aligns with the growing frenzy surrounding Solana-based tokens, including meme coins like WIF and BONK, which have achieved substantial valuations in the booming Solana ecosystem.