- Phantom wallet adds support for Bitcoin, allowing users to store, send, and receive BTC along with NFT-like Ordinals
- This integration represents expanding capabilities for Bitcoin’s ecosystem as it becomes more multi-chain compatible
- Bitcoin influencer Udi Wertheimer praises the move, calling it an “emotional moment” that validates Bitcoin’s progress after being seen as stagnant last year
The popular multi-chain wallet Phantom has announced support for Bitcoin, marking a major milestone for the original cryptocurrency. This shows how far Bitcoin’s capabilities have expanded in recent years.
Phantom Embraces Bitcoin
Phantom started as a Solana-only wallet, but has added support for Ethereum, Polygon, and now Bitcoin. Users can now store, send, and receive BTC along with inscribed NFT-like collectibles called Ordinals.
Bitcoin Influencer Praises the Move
Notable Bitcoin influencer Udi Wertheimer called Phantom’s BTC integration an “emotional moment.” Last year, Bitcoin was seen as stagnant compared to other chains. But major adoption from top platforms in 2022 validates Bitcoin’s progress.
How Phantom’s Bitcoin Support Works
Phantom has activated Bitcoin compatibility in beta. Users can turn it on in their app settings. BTC, Ordinals, and BRC-20 tokens can be imported from any external BTC wallet.
Conclusion
The addition of Bitcoin support reflects the expanding capabilities of its ecosystem. As Bitcoin becomes more multi-chain compatible, it solidifies its integral role across digital asset markets. Major platforms adding BTC functionality represents a turning point for the original crypto.
