Wallets/phantom
Phantom
0 standards supported
Overview
Phantom is Solana's native self-custody wallet expanded into multi-chain Web3 hub, operated by Phantom Inc. (US) [1, 2]. By mid-2025, Phantom reached 15+ million monthly active users + $25+ billion in self-custodied assets with a $3 billion valuation (Series C led by Sequoia Capital + Paradigm). Originally Solana-only browser-extension wallet (2021), Phantom has multi-chain expanded to 6 blockchains: Solana, Ethereum, Bitcoin, Polygon, Base, Sui — competing directly with MetaMask + Trust Wallet.
Adoption trajectory: +150% increase in adoption since 2023 as users prioritize self-custody solutions; significant beneficiary of Solana ecosystem growth + meme-coin explosion.
History
July 2021 — Phantom launches [2] as Solana browser-extension wallet during Solana NFT-summer + DeFi boom.
2022-2023 — Mobile-app launch + multi-chain expansion (Ethereum, Polygon) [2].
2024 — Bitcoin + Base + Sui chain additions [2]: Full multi-chain breakout.
2025 — Series C at $3B valuation led by Sequoia + Paradigm [3]: Major funding milestone.
Mid-2025 — 15M+ MAU + $25B+ self-custodied assets [1].
Ownership & operator
Operating entity: Phantom Inc. (US-based).
Major investors (Series C): Sequoia Capital + Paradigm (Series C lead); a16z, Variant, others (earlier rounds).
Valuation: $3 billion (2025 Series C).
Regulator: Non-custodial — users hold own private keys.
Technical integration
| Layer | Description |
|---|---|
| Channels | Browser extension (Chrome/Firefox/Edge/Brave) + mobile app (iOS + Android) |
| Supported chains | 6 chains: Solana (native), Ethereum, Bitcoin, Polygon, Base, Sui |
| Identifiers | Blockchain addresses |
| Distinctive features | Solana-native UX (best Solana wallet experience) + multi-chain expansion + cross-chain token swapping + NFT management + Web3 dApp browser |
| Self-custody | Standard seed-phrase + biometric on device |
Users & growth
- Monthly active users: 15+ million
- Self-custodied assets: $25+ billion
- Adoption growth since 2023: +150%
- Valuation: $3 billion (Series C 2025)
Use cases
Solana ecosystem (DEX swapping via Jupiter, NFT trading via Magic Eden + Tensor); multi-chain DeFi; cross-chain swapping; Solana validator staking; NFT storage + trading; Web3 dApp browsing; meme-coin trading (substantial Solana use case).
Implementations & partners
Operator: Phantom Inc.
Major investors: Sequoia Capital + Paradigm + a16z + Variant.
Valuation: $3 billion (2025 Series C).
Solana ecosystem integration: Default wallet for most Solana dApps (Jupiter, Magic Eden, Marinade, Drift, etc.).
Major competitors: MetaMask (143M users), Trust Wallet (200M+), Solflare (Solana competitor), Backpack (Solana competitor), [[coinbase-wallet]] (3.2M MAU).
Fun facts
- July 2021 launch during Solana NFT-summer + DeFi boom.
- 15M+ MAU + $25B+ self-custodied assets (mid-2025).
- $3 billion valuation (2025 Series C) led by Sequoia + Paradigm.
- +150% adoption growth since 2023.
- Solana-native heritage but now 6-chain multi-chain (Solana + Ethereum + Bitcoin + Polygon + Base + Sui).
- Default wallet for most Solana dApps — Jupiter, Magic Eden, Marinade, others.
- Major beneficiary of Solana meme-coin explosion (2024-2025).
- 3rd-place US self-custody wallet download share behind Trust Wallet + MetaMask.
Comparison
| Feature | Phantom | MetaMask | Trust Wallet | [[coinbase-wallet]] | Solflare |
|---|---|---|---|---|---|
| Operator | Phantom Inc. | ConsenSys | Independent (post-May 2025) | Coinbase Global (NASDAQ: COIN) | Solrise Finance |
| Heritage | Solana-native (Jul 2021) | Ethereum-native (Sep 2016) | Mobile-first multi-chain (Nov 2017) | Multi-chain (Aug 2017) | Solana-native |
| Chains | 6 (Solana + Ethereum + Bitcoin + Polygon + Base + Sui) | 7+ (Ethereum + EVM + Solana + Bitcoin + Monad + Sei) | 70+ | Multi-chain | Solana + extensions |
| MAU | 15M+ | 30M+ | 115M+ active | 3.2M | Smaller |
| Valuation | $3B (Series C 2025) | n/a (ConsenSys subsidiary) | Independent (private) | NASDAQ-listed (Coinbase) | Private |
| Distinctive | Solana-heritage + multi-chain breakout + meme-coin trading | mUSD + Web3Auth | 70-chain breadth + Buy+ | Smart Wallet (ERC-4337) + Base L2 | Solana-specialist |
Status
Active, leading Solana + multi-chain self-custody [1, 3]:
- Phantom Inc. since July 2021 launch.
- 15M+ MAU + $25B+ self-custodied assets.
- $3 billion valuation (2025 Series C, Sequoia + Paradigm lead).
- 6 chains (Solana native + Ethereum + Bitcoin + Polygon + Base + Sui).
- +150% adoption growth since 2023.
Sources
- 1 Phantom Solana 2025 — Gate
- 2 Phantom Wallet Review — Wundertrading
- 3 Phantom $3B valuation multi-chain — Bitget
- 4 Phantom Wallet Review — Coincub
Source
Biography extracted from phantom.md. See matrix.md for standards-support matrix if present.