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TLDR;

• Phantom wallet expands to EVM chains, posing a threat to MetaMask’s market share.
• MetaMask’s slow development may cost them their leading position in the EVM wallet space.
• Phantom’s sleek design and user-friendly features give it a competitive edge over MetaMask.
• The crypto community is buzzing about Phantom’s potential to revolutionize the wallet landscape.

Phantom Emerges as a Contender

MetaMask has long been the go-to wallet for Ethereum and other EVM-based blockchains, dominating the market due in part to its compatibility with essential ConsenSys developer tools like Truffle, Hardhat, and Infura. However, with the recent release of Phantom’s EVM chain wallet, the landscape may be on the brink of a significant change.

As MetaMask’s development has slowed down, competitors like Phantom have been quick to seize the opportunity and present a more polished product. According to a 2021 report, MetaMask had surpassed 10 million monthly active users, demonstrating its strong grip on the market. However, this grip may be tested as Phantom, which initially made a name for itself on the Solana blockchain, expands its wallet offerings to include EVM chains.

With a sleek and user-friendly experience, it’s not far-fetched to imagine Phantom grabbing a significant share of the market previously dominated by MetaMask. A recent update from Phantom’s official Twitter account highlighted the new features and integrations that could shake up the EVM wallet space.

The crypto community has been buzzing about Phantom’s latest release, with many users praising its seamless interface and innovative features. In contrast, MetaMask has been criticized for its slow development and lack of significant updates in recent times. As the demand for better wallet experiences grows, the shortcomings of MetaMask become more apparent, potentially leading to a shift in user preference.

As the blockchain and cryptocurrency industry continues to expand and evolve, it’s crucial for companies like MetaMask to stay ahead of the curve. With the emergence of strong competitors like Phantom, MetaMask may need to step up its game to maintain its position as the leading EVM wallet. As more users try out Phantom and compare it to MetaMask, only time will tell if a new leader will emerge in the wallet space.

What is MetaMask:

MetaMask is a cryptocurrency wallet that enables users to interact with decentralized applications on smart contract blockchain networks like Ethereum and BNB Chain. It is used as a browser extension and as a mobile app, equipping users with a key vault, secure login, token wallet, and token exchange.

Where to find MetaMask: 

Website | GitHub | Twitter |

What is Phantom:

Phantom is a digital wallet reimagined for DeFi, making it safe and easy to store, send, receive, collect, and swap tokens on the Solana blockchain. With its upcoming multichain rollout Phantom is set to change the game for Web3 users throughout the space, offering options for Ethereum, Polygon and Solana without switching wallets.

Where to find Phantom:

Website | Twitter |