Cryptocurrency pockets, Phantom Pockets, now ranks because the third most downloaded free app within the Utilities class on the App Retailer, following Google Chrome and Google Search.

Within the broader context of the Apple App Retailer, Phantom Pockets at present holds the thirty second place throughout all classes, trailing behind X and the synthetic intelligence (AI) chatbot, ChatGPT.

This growth comes after Phantom Pockets’s current announcement of reaching seven million month-to-month energetic customers, as reported in a submit on April 29 2024. Usually, the cryptocurrency neighborhood perceives the expansion in month-to-month customers of any crypto pockets utility as a optimistic signal of broader adoption.

Crypto commentators are speculating that the rise might be a bullish indicator for Solana’s $SOL token, provided that Phantom Pockets initially launched as a Solana-only pockets.

On the time of publication, Solana is buying and selling at $170.48, up 20.51% over the previous 30 days, per CoinMarketCap information.

Phantom began in 2021 as a Solana-only crypto pockets, however has since expanded to supply multichain assist for Ethereum, Polygon and Bitcoin as properly.

An app’s rating on the app retailer is influenced by quite a few elements past simply obtain numbers. Regardless of MetaMask securing the seventy fifth place in the identical class, it boasted 10 million month-to-month energetic customers as of February 2024. Rankings take into consideration metrics similar to month-to-month uninstalls, in-app transactions, and person sentiment expressed in opinions, amongst others.

As a self-custodial pockets, Phantom Pockets permits customers to take care of management over their keys, providing an alternative choice to storing property on exchanges.

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