![]() While it paved the way for accessing Solana dApps, NFT marketplaces, DEXs, web3 lending services, etc., it also lost most of its competitive edge to Phantom as the latter became widely popular quickly. Solflare holds the bragging rights for being the first-ever wallet in Solana and opened an opportunity for SOL natives to solely access their private keys without intermediaries involved. When it comes to security, Phantom also supports Ledger hardware wallets and biometric authentication to bring additional protection for crypto and NFT holders.ĭownload Phantom at Chrome, AppStore, Google Play, Edge, Firefox, or Brave. Owners can easily stake SOL through the wallet’s ready list of validators, allowing them to select conveniently. Crypto enthusiasts may also claim in-game tokens from play-to-earn (P2E) games and access other types of apps. With a valuation of $1.2B in its Series B funding, Phantom is backed by some of the biggest players on Solana, including a16z, Solana Ventures, Jump Crypto, etc. The wallet, which currently has the most users on SOL, also has a built-in decentralized exchange (DEX) that allows owners to swap their tokens easily. Its recent link to an ecosystem-wide hack that compromised over 8,000 wallets in August 2022 compelled some of its native users to look for alternative options, despite Phantom denying that their servers were compromised. ![]() But essentially, it appears to provide an elegant balance of user-friendliness, flexibility, and functionality. One could say it is the best overall wallet for active users in the NFT and DeFi arena and the most universal amongst Solana wallets.ĭescribing all the advanced features Phantom has would take an article of its own and more. Phantom is arguably the most popular crypto wallet in the Solana ecosystem because of its user-friendly interface, robust security, and integration with the most popular protocols on the network.
0 Comments
Leave a Reply. |