Phantom Wallet faces service disruption


Phantom Wallet has reported a downtime incident and requested patience from its users while the team attempts to fix the problem. The Phantom Wallet team announced an “uptime incident” with the Solana web3 wallet on X.

 

The team’s developer of the multi-chain wallet claims that there were brief outages on the platform. “If users need to conduct urgent transactions, they have been recommended to use decentralized applications.
“An uptime incident is presently occurring, and there may be a brief interruption in some services. The post on X further  stated, “Please disregard simulation errors and try using a dapp if you are in urgent need of making a transaction.”

Phantom recommended utilizing a decentralized app (dApp) to prevent disruptions and advised users to disregard any simulation failures during the outage.
Thankfully, Phantom reported that the problems had been fixed and that all services operated as intended. “Our team will continue to actively monitor the situation

The Phantom Wallet downtime is caused by a backend problem with the Grass Airdrop One.

On October 28, 2024, Grass, an artificial intelligence data layer found in Solana, began its much-awaited airdrop. The site’s token distribution led to its listing on well-known cryptocurrency exchanges, such as Bybit, Bitget, KuCoin, and Crypto.com.

Solana network remains operational. In contrast to the frequent failures in the past, the SOL blockchain network has shown resilience by maintaining 100% uptime at the time of writing.

ABOUT THE AUTHOR See More
Olumide Adesina
Financial Market Writer
Olumide Adesina is a French-born Nigerian financial writer. He tracks the financial markets with over 15 years of working experience in investment trading.

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