The cryptocurrency wallet platform Phantom has reached a new milestone, making it to the 9th position in the App Store's top free iPhone apps.
Phantom in iOS Top 10
Last week, Phantom secured the 9th spot among free iPhone apps, outperforming popular apps like WhatsApp and Instagram, which ranked 13th and 14th, respectively. Only TikTok, in 8th place, ranked higher among the top free apps. Additionally, Phantom ranked second among free utility apps on the App Store, just behind Google's search engine app.
Secret to Phantom's Success
Phantom's impressive rise was noted from November 12, when the app was ranked 377th, to breaking into the top 10 just a week later. The wallet, which started on Solana, now supports Ethereum, Bitcoin, Base, and Polygon, offering users a wide range of features.
Future of Phantom Platform
Phantom's team has been rapidly expanding. In January 2022, they raised $109 million in Series B funding, giving the platform a valuation of $1.2 billion. This milestone coincided with the launch of its iOS app. Phantom's growing popularity reflects the increasing interest in non-custodial wallets, providing users with more control over their digital assets.
Phantom continues to strengthen its position in the market, remaining a reliable choice for crypto enthusiasts looking for a secure and user-friendly wallet.
