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Phantom

Phantom started as the premier wallet for the Solana ecosystem but has since expanded to become a powerful multichain wallet supporting Solana, Ethereum, Polygon, and Bitcoin.[source]

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What you should know about Phantom

  • Solana's Top Wallet: The most popular non-custodial wallet originally built for the Solana ecosystem.
  • Multi-Chain Support: Now seamlessly manages assets across Solana, Ethereum, Polygon, and Bitcoin.
  • All-in-One App: Features built-in token swapping, NFT management, and direct staking from the browser extension or mobile app.
  • Self-Custody: You hold your own private keys, meaning full control but full responsibility for security against phishing.

Pros & Cons

Strengths

  • + Top-tier UX/UI
  • + Excellent multichain integration
  • + Built-in token swaps

Weaknesses

  • - Closed source
  • - Relatively new compared to MetaMask

AI-Verified Data

swap fee
0.85%
Phantom charges a flat 0.85% fee for built-in token swaps. Network fees (gas) still apply.
supported chains
Solana, Ethereum, Polygon, Bitcoin
Multichain support allowing management of assets across these major networks from one interface.
hardware support
Ledger
Supports Ledger hardware wallets via Bluetooth (mobile) and USB (desktop).
staking
Native SOL
Built-in native staking for Solana (SOL) directly within the wallet.
nft support
Advanced
Rich gallery view, spam NFT auto-hiding, and support for audio/video NFTs.
platforms
Browser Extension, iOS, Android
Available as a browser extension (Chrome, Brave, Firefox, Edge) and mobile app.

Phantom Ecosystem

Phantom Wallet

software wallet

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Why use Phantom

Phantom stands out as the premier non-custodial wallet for users bridging the gap between Solana and the broader EVM ecosystem. Unlike MetaMask, which requires clunky workarounds like "Snaps" to interact with the Solana network, Phantom offers native, seamless multi-chain support for Solana, Ethereum, and Polygon all within a single, highly intuitive interface. This makes it significantly easier to manage cross-chain assets without juggling multiple browser extensions.

Compared to Solana-only alternatives like Solflare, Phantom provides a more polished, beginner-friendly user experience with built-in protections against malicious dApps. While Solflare caters to advanced users seeking granular control over staking, Phantom excels in everyday usability, offering best-in-class NFT gallery management, frictionless in-app token swapping, and excellent Ledger hardware wallet integration for robust security.