- The Phantom wallet has added simultaneous support for Ethereum and Polygon networks to its mobile app and browser wallets, giving users access to dApps across the Web3 landscape.
- This move will simplify managing multiple accounts and assets across blockchains and will allow users to import existing MetaMask, Solana, and EVM wallets.
- The Phantom wallet has onboarded over 100,000 users since its Ethereum and Polygon support beta last fall and has stepped up its security measures in light of a rise in phishing and scam attacks on NFT holders. Future plans include the introduction of instant NFT sales and the development of a bridge to enable the transfer of assets between the Solana and Ethereum networks.
Phantom, a popular mobile and browser wallet, has added support for Ethereum and Polygon networks, allowing users to access dApps across the Web3 landscape. The wallet first announced support for Ethereum and Polygon in November 2021, with the goal of providing users with the ability to interact with the three largest blockchains for digital collectibles in one place. The company has stated that the new features will simplify managing multiple accounts and assets across blockchains, removing the requirement to switch between wallets and adding the ability to import existing MetaMask, Solana, and EVM wallets.
Since its launch in March 2021, Phantom has onboarded over 100,000 users since its Ethereum and Polygon support beta last fall, following the launch of an iOS wallet in January 2022 and an Android version in April 2021. Aside from broadening its user base with these additions, Phantom has also stepped up its security measures in response to a rise in phishing and scam attacks on NFT holders. In January, Phantom said it had scanned over 85 million transactions and blocked over 18,000 wallet-draining transactions.
Phantom CEO Brandon Millman said that the wallet’s future plans include the introduction of instant NFT sales and the development of a bridge to enable the transfer of assets between the Solana and Ethereum networks. The company is committed to providing users with the tools and resources they need to easily navigate and transact across various blockchain networks.