KoinlyticsPhantom started as a Solana-only wallet in 2021, captured most of Solana's wallet market share, and in 2024 added Ethereum, Base, Polygon, and Bitcoin. Its UX is widely considered the best in the industry for consumer wallets.
What Phantom does well
- Clean, opinionated UI. No feature bloat.
- Built-in swap aggregator (uses Jupiter on Solana, 1inch on EVM).
- NFT gallery with real-time floor prices.
- Portfolio view across all chains in one screen.
- Auto-blocked known scam tokens.
Signature safety
- Simulates every transaction before signing.
- Warns on drainer patterns.
- Blocks known-malicious dApps.
Solana-specific features
- SNS domain support (.sol).
- Native staking flow.
- MPL-Core NFT integration.
EVM support
- Full support for Ethereum, Base, Polygon.
- Same UX as Solana side.
- WalletConnect + injected provider.
Bitcoin support
- Ordinals, Runes, standard BTC.
- Not full node — uses external indexers.
Trade-offs
- Closed-source (unlike Rabby).
- Runs their own RPCs for Solana; user has less control.
- Newer EVM integration less battle-tested than MetaMask.
Where Phantom fits
- Solana users (default choice).
- Users who want one wallet across Solana + EVM + BTC.
- Consumer apps where UX matters more than power features.