Phantom Wallet Surges Ahead of PayPal in Google Play's Finance Apps

IconCryptoNewsTerminal Staff23 May, 2024

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Phantom Wallet Surges Ahead of PayPal in Google Play's Finance Apps

Phantom, a popular cryptocurrency wallet, has surpassed the long-standing finance giant PayPal to take the second spot in the United States Google Play's free finance apps. This impressive feat is a testament to the growing popularity and adoption of cryptocurrencies, as more and more individuals embrace digital assets. Cash App, another prominent player in the digital finance realm, maintains its position at the top of the rankings. The top 10 list also includes other notable names such as Tone Wallets, Chime, Venmo, Zelle, Google Wallet, and Capital One Mobile. Phantom's surge in popularity highlights the increasing interest in decentralized finance (DeFi) and self-custody of digital assets. As the crypto market continues to expand and mature, it is likely that non-custodial wallets like Phantom will play an increasingly significant role in the broader financial ecosystem.