Phantom’s expansion to EVM chains may challenge MetaMask’s market share due to its design and features, while MetaMask’s slow development may cost them their leading position in the EVM wallet space.
TLDR;
- Phantom wallet expands to EVM chains, posing a threat to MetaMask’s market share.
- MetaMask’s slow development may cost them their leading position in the EVM wallet space.
- Phantom’s sleek design and user-friendly features give it a competitive edge over MetaMask.
- The crypto community is buzzing about Phantom’s potential to revolutionize the wallet landscape.
Phantom Emerges as a Contender
MetaMask has long been the go-to wallet for Ethereum and other EVM-based blockchains, dominating the market due in part to its compatibility with essential ConsenSys developer tools like Truffle, Hardhat, and Infura. However, with the recent release of Phantom’s EVM chain wallet, the landscape may be on the brink of a significant change.
As MetaMask’s development has slowed down, competitors like Phantom have been quick to seize the opportunity and present a more polished product. According to a 2021…