.solana-focused crypto wallet phantom is tapping ethereum and 0xPolygon for its expansion plan, realDannyNelson reports.
Phantom, the leading crypto wallet in the Solana ecosystem, said Tuesday it will add support for assets on the Ethereum and Polygon blockchains, with the roll out beginning in about three months, according to a representative.
The self-custody wallet, which is built on closed-source code, will take aim at Ethereum ecosystem stalwarts such as Metamask, which is open source. Phantom’s likely bet is that its slick user interface will power it forward on the system, just as it did for Solana, where it says it has 3 million active users.
The face-off has been a long time coming. CEO Brandon Millman previously told CoinDesk that Phantom’s team meant to challenge Ethereum wallets in 2021 doubling down to the then-nascent Solana ecosystem, where it became a go-to wallet for many retail users., major supporters of the ecosystem, triggered a drop in Solana-linked asset prices and cast chaos among the blockchain's builders. Some projects are now planning to pivot to other ecosystems. A representative for Phantom said the wallet remains committed to Solana., with protections against malicious spam drops and added capabilities for viewing multimedia NFTs, a press release said.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto wallet Phantom is expanding to Ethereum and PolygonSolana wallet Phantom is going cross-chain in a hope to unify three crypto ecosystems and take on market leader MetaMask.
Read more »
Polygon bridge holds $27 million of unclaimed funds, ZenGo findsThousands of traders have left millions of dollars of unclaimed funds on the Ethereum side of its main bridge with Polygon.
Read more »
AP Top 25 poll: Michigan, USC join top 5 after big winsMichigan moved up to the No. 2 spot and USC moved to No. 4 in the latest Associated Press Top 25 college football poll on Sunday with the College Football Playoff nearly set.
Read more »
Millie Bobby Brown Just Took Crop Tops to the Next LevelIs your crop top even a crop top if it doesn’t show your bikini?
Read more »
Top 100 winner Monument Realty leapfrogs to top of the heapCEO Eddie Burns says Monument's growth has been fueled in part by sidling up with the Texas Rangers and with the Dallas Cowboys and its superstar quarterback,...
Read more »
Here's Who Caused Enormous Spike in Ethereum Selling Pressure This Past WeekendEthereum's plunge below $1,200 is result of selling pressure coming from one fund
Read more »