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Phantom review

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A software wallet originally focused on Solana, now spanning multiple chains. Convenient for Solana-based DeFi and NFTs; as a hot wallet it suits day-to-day balances rather than long-term cold storage.

Key facts

TypeSoftware (hot)
CustodySelf-custody
PriceFree
ChainsSolana, EVM, Bitcoin

Pros

  • Strong Solana ecosystem support
  • Multi-chain in a single client
  • Hardware-wallet pairing available

Cons

  • Hot-wallet exposure
  • Less established outside Solana
  • Built-in swaps carry fees
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