🔗 Crypto & Blockchain

Phantom's Outage Freezes Solana Wallet Balances — Funds Safe, But Trust Shaken

Over 15,000 Downdetector reports in two hours. Phantom's in-app balances vanished mid-afternoon, leaving Solana holders staring at blank screens — and questioning if 'temporary' means anything anymore.

Phantom wallet app displaying error message for balance outage on Solana network

⚡ Key Takeaways

  • Phantom outage froze in-app balances and prices for 15k+ users, but on-chain funds untouched. 𝕏
  • Repeated incidents highlight Solana app layer fragility amid meme coin boom. 𝕏
  • Diversify wallets and RPCs to avoid future disruptions — reliability trumps speed. 𝕏
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Originally reported by The Block

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