Summary Review: The Phantom wallet has climbed to the second spot in the utility section of the Apple App Store in the United States, surpassing major applications like Google Chrome and Microsoft Edge. This surge reflects the growing popularity of Web3 technologies, particularly within the Solana ecosystem.
The Phantom digital asset wallet has achieved a significant milestone, ranking second in the utilities category of the Apple App Store in the United States as of Nov. 20.
A Surge in Popularity
According to the App Store, Phantom outperformed notable applications such as Google Chrome, Microsoft Edge, and Amazon Fire TV. While Google retained the top spot, Phantom’s climb highlights its increasing acceptance among users.
Phantom is a widely used non-custodial wallet, particularly within the Solana blockchain ecosystem. It also supports multiple networks, non-fungible tokens (NFTs), and features a fraud detection system. The app can connect to Ledger hardware wallets for added security.
A community member on X celebrated this achievement, stating that Phantom’s rise indicates that Web3 technologies are steadily entering the mainstream.
Record Fees for Solana-Based DApps
The wallet’s success aligns with a notable increase in activity on Solana’s decentralized applications (DApps). Recent data from DefiLlama revealed that five of the top 10 protocols by fees were on Solana, signaling strong user engagement.
- Liquid staking protocol Jito generated $9.87 million in fees.
- Automated market maker Raydium recorded $11.3 million in fees.
- Telegram trading bot Photon brought in $2.36 million.
- Memecoin launchpad Pump.fun saw $1.65 million in fees.
Summary Review: The Phantom wallet has climbed to the second spot in the utility section of the Apple App Store in the United States, surpassing major applications like Google Chrome and Microsoft Edge. This surge reflects the growing popularity of Web3 technologies, particularly within the Solana ecosystem.
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