The explosion of the Solana blockchain in the last year has driven the growth of the Phántóm Wállet. In fact, in less than a year, Phántom Wallét has managed to accumulate more than 2.1 million users in the last year, thanks to users being able to interact with Solana’s NFTs and Defi in the same application. Compared to its inception, the user base has grown by 5,200%.
Taking a look at the daily users and daily transactions, we can see how the numbers are similar. Both daily trends look similar. If we focus on the last week belonging to this month of February and compare it with the numbers of last January, we can see that during last month the active users were growing from 158k daily active users to approx. 250k daily active users. However, since February the numbers started to drop down to 158k. The number of daily transactions has also dropped from a high of around 50M transactions per day on 25 January to 43M on the previous day of this analysis. So, it doesn’t look like there has been a big impact from the launch of the Phantom app.