Solana-based Phantom Is Now Officially Available on Android

Updated on Jul 27, 2024 at 3:17 pm UTC by · 3 mins read

The latest development comes after Phantom launched its iOS mobile app earlier in the year. 

Phantom, the Solana-based crypto wallet, has announced that its mobile application is now officially available for download at the Google Play store. The latest announcement came via the official Twitter account of Phantom. Phantom added that users can now send, receive, swap, stake, earn as well as store crypto and NFTs using an Android device.

The latest development comes after Phantom launched its iOS mobile app earlier in the year.  “Newly released features on Phantom such as push notifications and our enhanced ‘Recent Activity’ tab are also live on Android at launch,” the company stated in a blog post.

Phantom also revealed that the community’s interest in the app was tremendous during the beta phase, stating that over 50,000 people participated in the testing period. According to the press release, the Solana wallet has gained a lot of traction among Android users in Vietnam, India, and Indonesia.

Phantom, back in November 2021, revealed plans to launch a mobile version of its wallet to users. CEO of the company, Brandon Millman, in December, stated that their team was focusing on creating a mobile app but added that they had their sights also set on adding more NFT-specific features like being able to buy and sell NFTs.

Reports now suggest that new features of NFT activities on the crypto wallet might go live in the next few months after the successful introduction of both the android and iOS mobile apps.

Phantom is one of the popular Solana-based crypto wallets on the market and is also a globally distributed team of NFT aficionados. The crypto wallet is also looking to support the Ethereum ecosystem by the end of this year. The company achieved a unicorn status after raising $109 million in a Series B fundraising round back in January this year which was led by Paradigm, alongside existing investors including Andreessen Horowitz (a16z), Variant Fund, Jump Capital, DeFi Alliance, and Solana Ventures.

CEO Brandon Millman after securing the funds described it as an equity funding round that will help Phantom expand across multiple blockchains, including adding support for Ethereum before the end of this year.  He also revealed that Phantom was ‘doubling down’ on Solana by channeling its focus on mobile apps and features that will help streamline the onboarding experience for new users. “We will accelerate the growth of the web3 ecosystem on Solana by bringing a world-class onboarding and DApp discoverability experience for users on mobile,” he stated.

According to the official website of Phantom, the platform has gained over two million monthly active users within just six months of its launch. Phantom is also looking to expand its current team of 23 to at least 40 in the near future.

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