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Phantom Wallet Captures 88% of Revenue on Solana

Phantom Wallet Captures 88% of Revenue on Solana

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by Giorgi Kostiuk

19 hours ago


Phantom Wallet confidently leads the Solana market, capturing a significant share of revenues while expanding its capabilities on other blockchains.

Phantom Wallet Dominates on Solana

As of May 2025, Phantom Wallet has captured 88% of wallet-generated revenue in the Solana ecosystem, confirming its leading role in this space.

Financial Strength and Strategic Growth

Phantom Wallet generated $17 million in a single month from its 0.85% swap fee, highlighting the platform's financial stability and pricing strategy. The company secured $150 million in funding, reaching a valuation of $3 billion.

Long-term Market Position

Historical growth trends, such as consistent user growth and strategic acquisitions, solidify Phantom's long-term market position. The company's success hinges on adapting to technological advancements and addressing consumer demand.

Phantom Wallet continues to strengthen its position in the Solana market while expanding its influence into other blockchains, underscoring its significance in the cryptocurrency space.

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