Google Play’s popular Phantom Wallet overtakes Facebook in downloads

Hey there, crypto lovers! Interesting news on the world-wide-web3 entrance: Phantom Wallet has outperformed massive names like Fb and ChatGPT on the Google Engage in Store in the U.S.

Now sitting at #11, trailing only Hard cash Application and Snapchat in the no cost down load classification, Phantom Wallet boasted a whopping 770,000 downloads in April, as per appfigures. Surpassing Fb and ChatGPT, the wallet is on a winning streak!

Supply: appfigures.com

Originally personalized for Solana (SOL) tokens, the Phantom Wallet has now broadened its horizons to include Bitcoin (BTC), Ethereum (ETH), and Polygon (MATIC).

Phantom Wallet Shines Bright on Apple App Keep

This is just not the initially time the wallet has made headlines for climbing application retail store rankings. Again on May possibly 19, Phantom snagged the 3rd spot in the Apple Application Keep utility classification, rubbing shoulders with Google and Google Chrome.

With over 7 million active buyers in April, the crypto local community sees this as a beneficial signal of expanding adoption.

The surge in downloads has sparked optimism and predictions, hinting at a bullish craze for SOL. Even angel investor Evan Luthra chimed in!

As of now, the token is trading higher than $168, showing a modest 1.35% boost in the last 24 hrs and a considerable 16.9% bump around the earlier month, in accordance to CoinGecko.

Phantom Wallet surges in popularity, surpasses Facebook in Google Play - 2

Solana 30-day price tag chart | Supply: CoinGecko

Phantom Wallet Scoops Up Bitski

Phantom’s rise in attractiveness coincided with the acquisition of website3 browser extension Bitski, a go reflecting the surging demand from customers for user-helpful decentralized apps (dapps).

While the economical nitty-gritty of the offer stays confidential, Phantom ideas to combine Bitski’s browser extension into its wallet for an increased user experience and smoother onboarding.

Bitski’s technology streamlines wallet creation working with just an electronic mail tackle, ditching the stress of handling phrases and non-public keys. In addition, builders can embed wallet functions into their applications, enabling seamless dapp interactions.

In the aftermath of the acquisition, Bitski’s merchandise will be phased out from May possibly 27 onwards, with customers given the solution to retain their personal keys for self-custody. Together, Phantom and Bitski are cooking up a new product or service that will aspect embedded wallets within Solana dapps, aiming to elevate person conversation and rely on.

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