Phantom Wallet Climbs to Second Spot in Apple’s App Store Rankings

Sentiment Status: Positive

Phantom reached No. 9 on the overall free iPhone app chart, surpassing platforms like Instagram and WhatsApp.

Phantom, the multi-chain crypto wallet, climbed to the No. 2 position in the utilities category on the Apple App Store in the U.S. On November 20, Phantom surpassed major apps like Google Chrome, Microsoft Edge, and Amazon Fire TV, with Google Search holding the top spot. 

Phantom’s rise stems from its appeal to crypto enthusiasts and new users. Initially built for the Solana blockchain, the wallet has expanded to support Ethereum, Bitcoin, Polygon, and Base networks. Its non-custodial model ensures users maintain control of their private keys, addressing concerns over security and centralization.

The recent rise in Bitcoin's price contributed to the growing interest in cryptocurrency wallets like Phantom. As Bitcoin hit new all-time highs, the surge in crypto market activity often leads to increased demand for mobile crypto apps, as seen with platforms like Coinbase and Crypto.com. 

Also, additional features such as fraud detection tools and integration with Ledger hardware wallets provide increased protection.

This event matches the surge in activity on the Solana blockchain, where decentralized applications generate record-high transaction fees. Recent data shows that Solana-based protocols like Raydium and Jito are leading the way and driving interest in Solana-compatible tools like Phantom.

Phantom’s success comes shortly after the team addressed an iOS update issue that caused app resets for some users. On November 14, the team released a fix to prevent disruptions, though some affected users reported losing access to their wallets.

In May, the Phantom surpassed PayPal on Google Play for the first time. However, the wallet faced challenges, such as the issues with its iOS update in October that temporarily locked some users out of their wallets.

Looking forward, Phantom’s ability to adapt and innovate suggests that the wallet could maintain its prominence in the competitive mobile app market.

Furthermore, Phantom reached No. 9 on the overall free iPhone app chart, surpassing platforms like Instagram and WhatsApp. 

A community member on X remarked, “Phantom’s rise shows that Web3 is breaking into the mainstream.” This sentiment echoes across the crypto space as web3 wallets gain visibility alongside traditional apps.