There is a new, albeit surprising, top crypto app in town.

Despite the Ethereum ETF approvals, Coinbase has been mostly flat in the U.S. App Store since the March rally. The popular exchange’s mobile offering breached the top 50 free apps at the start of March, as bitcoin was on the precipice of reaching new heights, and then sank as the market euphoria faded out and inflation fears calmed the markets. Since April, the Coinbase app has tended to rank somewhere between positions 300 and 200 and has been showing some slow growth since dropping to rank 396 on May 12.

Enter Phantom. The app is a crypto wallet that established its name by becoming one of the most prominent Solana wallets but has now expanded its offerings to include Ethereum, Polygon and Bitcoin.

It is unusual for a wallet …