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Solana-based DeFi, airdrops propel crypto wallet Phantom s user base to new heights

Phantom, a crypto wallet heavily used in the Solana ecosystem, has seen its active user base more than triple over the past year, its CEO and co-founder Brandon Millman exclusively shared with TechCrunch. In January 2024, Phantom hit 3.2 million monthly active users (MAUs), up 220% from 1 million one year ago, and recorded 941,000 installs, 463.5% more than 167,000 installs during the same time frame, Millman said. “The Jito and Jupiter airdrops were a huge turning point for the ecosystem,” Millman said.

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