phantom

1/ The demand for safe, user-friendly wallets has never been higher as crypto adoption grows. 🚀

@phantomwallet now boasts 15M+ MAUs across multiple blockchains. What makes it stand out in a crowded self-custodial wallet market? Let’s dive in. 🧵👇

1/ The demand for safe, user-friendly wallets has never been higher as crypto adoption grows. 🚀

@phantomwallet now boasts 15M+ MAUs across multiple blockchains. What makes it stand out in a crowded self-custodial wallet market? Let’s dive in. 🧵👇

https://medium.com/apium-innovations/phantom-part-1-features-ux-security-2380d670098a

Startup studio dedicated to empowering early-stage founders and blockchain ecosystems in product engineering.

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2/ Launched as a Solana-only wallet in 2021, Phantom gained traction thanks to Solana’s speed and low fees. 

Since then, Phantom has expanded to Sui, Ethereum, Polygon, Base, and Bitcoin (as of Feb 2025). This puts it in direct competition with Metamask , Trust Wallet, and Solflare.

4/ 📲 Getting started
Phantom is available as:
🔹 Browser extension (Chrome, Firefox, Brave, Edge)
🔹 Mobile app (iOS & Android)

New users can sign up via:
💌 Email (social login)
🛡️ Traditional seed phrase
🔗 Importing existing wallets (hardware wallets included)

5/ 💰 Onramping made easy
Phantom integrates Meld, which aggregates providers like Unlimit & Transak. This lets users fund their wallets via:
🏦 Bank transfers
💳 Apple Pay / Google Pay

Once on-chain, users can swap tokens, stake, or buy NFTs—all within the app.

6/ 🔄 Seamless cross-chain experience
With Phantom’s multi-chain support, users can:
🌐 Manage EVM, Solana & Bitcoin wallets
🔀 Bridge assets across chains
🖼️ Trade NFTs on Magic Eden, Rarible, Blur, Tensor & more

7/ 🔒 Security first
Phantom users have faced phishing & third-party wallet exploits but the wallet has stepped up with:
🚨 Transaction previews (powered by Blowfish)
🛑 Open-source blocklists for malicious domains
🔑 2FA with biometrics for extra protection

8/ ⚖️ How does Phantom compare?
Against MetaMask, Trust Wallet & Solflare, Phantom shines with:
✅ Social login
✅ Seamless cross-chain experience with auto-generated addresses
🚧 Supports only 6 blockchains (no emerging L2s yet)
🐢 Some users report slow performance at times

9/ What’s next?
In Part 2, we’ll dive into Phantom’s business model, user growth, and market adoption.

Hit Follow & stay tuned! 👀

3/ So what makes Phantom unique?
✅ Multi-chain support
✅ User-friendly UI
✅ Strong security features
✅ Seamless integrations for swaps, staking & NFTs

Let’s break it down.