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Phantom 2024: Year in review

Zac Glover
phantom 2024 year in review

    2024 was a year to remember.

    With your help, we launched new user-friendly features, expanded to new chains, made our first and second acquisitions, and topped the App Store charts (twice). But that's not all.

    We also set record numbers across the board—from downloads to usage.

    As 2024 comes to a close, let's take one final look back at all we accomplished—together.

    Company milestones

    2024 was the best year yet for all of us at Phantom.

    With your unwavering support, we were able to do some amazing things, such as…

    We made our first acquisition (and our second)

    In May, we acquired Bitski to make onboarding easier for users and apps. Then, we made our second in November, acquiring Blowfish to supercharge wallet security.

    phantom 2024 year in review bitski blowfish

    We expanded to new blockchains

    After going multichain in 2023, we doubled down on our vision of a multichain future by expanding to Bitcoin and Base.

    And we're not done. We already announced our plans to expand to Sui and Monad in 2025.

    phantom 2024 year in review bitcoin base sui monad

    We climbed the App Store charts (twice)

    In the spring, coming off of Airdrop April, we shot up the App Store and Google Play Store charts.

    Then, we did it again in the fall as the meta shifted to TikTok and a new segment of users rushed in to download Phantom and buy memecoins such as Chillguy.

    By the numbers

    In 2024, we became to go-to crypto wallet with 10 million monthly active users (MAUs) and more than 850 million total transactions, which rounds out to 27 transactions per second.

    phantom 2024 year in review
    phantom 2024 year in review

    Swaps

    With interest in memecoins at an all-time high, users relied on Phantom to swap in and out of more than 788,000 tokens for a total of 120 million total swaps. As for bridging, users swapped more than $613 million across chains, of which $421.6 million was bridged to Solana.

    phantom 2024 year in review
    phantom 2024 year in review

    Mobile app

    Our mobile app has been downloaded an incredible 24 million times, which shows how much the all love Phantom. And this isn't thanks to bots. These are real, engaged users, like yourself, who open Phantom an average of 16 times per day.

    phantom 2024 year in review
    phantom 2024 year in review

    Social

    In 2024, we made crypto social. First, we launched usernames, then we created profiles and following. With 2.5 usernames claimed and more than 14 million total follows so far, it's clear that Phantom's becoming crypto's killer social app.

    phantom 2024 year in review usernames

    Top apps and tokens of 2024

    A retrospective would not be complete without a look back at the category leaders.

    And when it comes to apps and tokens, these are the ones that you, the community, interacted with most.

    Top apps

    phantom 2024 year in review top apps
    phantom 2024 year in review top tokens swapped

    Final word

    2024 was a huge year for us, Solana, and the crypto industry—and we couldn't have done it without you.

    With that said, there's still so much more to do in 2025 and beyond.

    JOB'S NOT FINISHED.