Phantom Wallet, a popular crypto wallet in the Solana ecosystem, has achieved its highest revenue ever, generating $33 million in income in February 2025. This surge in revenue can be attributed to the wallet's expansion of services, including the addition of functionality for the Sui layer-1 blockchain. Furthermore, Phantom recently secured a $150 million Series C financing round, valuing the company at $3 billion, which will be used to enhance the user experience and expand the range of services offered. The wallet's integration with MoonPay allows users to purchase digital assets directly and withdraw funds to their bank accounts, simplifying the transaction process. Despite a security concern raised by a researcher in January, Phantom responded quickly to address the issue and reassure users that their funds were not at risk. Overall, the wallet's success can be attributed to its continuous expansion of services and commitment to user trust and security.



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