Although the crypto money markets are currently in a downtrend, two blockchains have come to the fore in the past months, when new records have come. AVAX and SOLANA both reached the highest values in terms of price and trading volume. As a result, functional wallets in this network have also received significant investments.
$109 million to Phantom wallet team
The team that developed the Phantom wallet on SOLANA received a new investment of $109 million last week, reaching a valuation of $1.2 billion. Moreover, he achieved this with just a Chrome extension.
Phantom, which is shown as a competitor to Metamask, also started its life as a Chrome extension and became popular in a short time. The wallet, which has 2 million monthly active users, states that it has reached 90 percent usage rate on the Solana network.
The team made the iOS app available for download this week and will release the Android app later this year. The team, which wants to lay a solid foundation on Solana, also wants to scrutinize multi-network support.
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