Business Description

Phantom wallet is a popular non-custodial service for Solana which provides finance for the DeFi exchanges. Well, it is an open-source, so it is a mixture of operational, practical, and competitive considerations. As of now, the Phantom Wallet is ranking its place at the top in the market with a raise of $109M by leaving behind its rival MetaMask. Also Phantom announced on Monday that the company's crypto wallet is now worth $1.2 billion and increasing. Out of 12,280 assets in crypto-currency, Solana (SOL) has managed to take its place in the top 10 largest crypto market capitalization. As of now, Solana has the sixth-largest TVL in DeFi and the second largest number in NFT sales.

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