Solana wallet Phantom is adding support for the Ethereum and Polygon blockchains on May 1 in the first step to go multichain.
Phantom is an app and in-browser wallet extension that has always focused on providing a clean user experience by showing NFTs in the wallet. It allows users to trade and wager tokens within the wallet extension.
Now that it’s multichain, each user will see an Ethereum and Polygon address for each wallet address. They can see all their funds on the three networks in one place for any wallet. They can transact from the wallet to one of three blockchains depending on which asset they are moving – instead of having to change the network, as MetaMask works.
The wallet also includes features for NFT holders. It shows specific data related to NFT collections, such as the floor price – the lowest value of all NFTs for sale – and the amount for which the NFT was purchased. Users can also list their NFTs on marketplaces directly from Phantom.
“We believe the future of digital asset management lies in cross-chain interoperability, and we are committed to providing our users with the tools and resources they need to easily navigate and transact across different blockchain networks,” said Brandon Millman, co-founder and CEO of Phantom. “By bridging the gap between different protocols, we are enabling a new era of decentralized innovation for all users of digital assets.”
Phantom has also introduced some security measures. These include transaction simulation to give users a better understanding of the transactions they sign and NFT spam filtering – hiding suspicious NFTs from wallets to prevent attacks. The wallet also blocks access to malicious websites.
(Updates the story in the first paragraph to add the May 1 date.)
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