Phantom made a statement to protect its users from distressing airdrop rumors. Phantom, a self-custodial service and heavily used by users on the Solana network, has denied the airdrop allegations.
phantom airdrop
Last month, Phantom announced the addition of social features that will allow users to customize their profiles and search for and follow friends. Phantom, which has approximately seven million monthly active users, stated that the social discovery feature will not include token airdrop.
Phantom stated that the claims that tokens will be given to users who follow other accounts on the platform are unfounded. The company emphasized that it has no plans to launch its own coin. He makes this statement almost every year, and every year users are disappointed.
Phantom announced its integration with Sui Network earlier this year. With this step, Phantom Bitcoin $99,020.7Ethereum 
$3,645.6Solana is compatible with six blockchains, supporting Sui Network as well as Polygon and Base.
“By simplifying the process of sharing and discovering with friends, we aim to significantly improve the process for users to find new tokens and applications. There has been some speculation regarding the token, but to clarify: we are not planning to issue any tokens. But we’re very excited about the social engagement at Phantom and are actively working to make the wallet something everyone loves.” – Phantom Squad
Improving User Experience
The new social features and blockchain integrations brought by Phantom will enable users to be more active on the platform. These developments aim to expand the user base of the wallet and increase the satisfaction of existing users.
Although the application has become better, many applications on the Solana network have airdropped, while a giant like Phantom avoids this, which disappoints those who adopted the application in the early period. Considering the user base of the Solana network, under flexible conditions Phantom could make one of the largest airdrops in history.
Phantom continues to produce innovative solutions for users’ needs. In addition to social features, it continues to expand multi-platform support with the integration of new networks. These steps by Phantom aim to make crypto wallet usage more social and user-friendly. By denying airdrop speculation, they show that the project remains committed to its core purpose. Users will be able to take part in a wider ecosystem by taking advantage of the new features offered by Phantom.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
