Solana's Popular Wallet Overtakes PayPal on Google!

Solana-based cryptocurrency wallet Phantom has surpassed PayPal.

According to data provided via Google Play, Solana-based cryptocurrency wallet Phantom has surpassed the world giant PayPal. Phantom ranked#2among free financial apps. US-based Cash App ranked first. PayPal was ranked third.

According to Google Play store data, Phantom has over 5 million downloads on the platform. Especially in recent months, Solana-based meme coins have made significant profits, pushing cryptocurrency users to use Phantom wallets and make transactions from there.

Phantom was also built on Solana, though it added support for Ethereum (ETH) and Polygon (MATIC) in 2023. This wallet also started supporting Bitcoin, Bitcoin Ordinals, and BRC-20 tokens at the end of 2023.#