The decentralized finance (DeFi) ecosystem continues to evolve at a rapid pace, and one of the latest milestones comes from Phantom Wallet, a leading self-custody solution best known for its strong presence in the Solana community. Phantom has officially launched full support for Base, Coinbase’s Ethereum Layer-2 network, marking a pivotal moment in its multi-chain expansion strategy.
This move not only strengthens Phantom’s position as a cross-chain wallet but also opens new doors for users seeking seamless access to Ethereum-based DeFi, NFTs, and the growing memecoin scene — all from a single, secure interface.
👉 Discover how top wallets are reshaping cross-chain DeFi access.
Full Integration Now Live
Following a successful beta rollout last month, Phantom announced on November 25 that its integration with Base is now fully live. This means all users — regardless of device or location — can now interact natively with the Base blockchain through the Phantom app.
Base, built using the OP Stack and backed by Coinbase, has quickly risen to prominence. It currently ranks as the largest Layer-2 blockchain by Total Value Locked (TVL) and sits at sixth place among all blockchains globally. With Phantom’s support now active, millions of wallet holders gain direct access to this thriving ecosystem.
Users can now:
- Buy Ether (ETH) and USDC directly on Base
- Swap tokens across multiple chains including Ethereum, Solana, Polygon, and Base
- Use familiar payment methods like debit/credit cards, Apple Pay, or Coinbase itself for on-ramps
This cross-chain functionality is critical in today’s fragmented crypto landscape, where users often juggle multiple wallets and platforms to access different ecosystems.
Enhanced Security and User Experience
Beyond basic wallet functions, Phantom brings several advanced features to Base users:
- Ledger hardware wallet compatibility – enabling cold storage security for Base assets
- Automatic spam detection – filters out malicious NFTs and scam tokens before they reach your wallet
- Transaction simulation – previews the outcome of any transaction, flagging potential risks like unexpected token approvals or contract interactions
These tools are powered in part by Phantom’s recent acquisition of Blowfish, a Web3 security platform specializing in real-time threat detection. Since integrating Blowfish’s technology, Phantom has reportedly prevented over 2.8 million scam attempts, offering users stronger protection against phishing, rug pulls, and malicious dApps.
This focus on security comes at a crucial time. Just weeks before the Base launch, Phantom faced criticism after a November 13 app update caused a critical bug for some iOS users. The glitch reset certain wallets and forced users to re-enter their recovery phrases — an alarming experience that led to reported losses, including one user claiming a $600,000 loss.
Phantom responded quickly with fixes and support outreach, but the incident highlighted the importance of robust testing and user education in self-custody environments.
Rising Demand Amid the Memecoin Surge
Despite technical setbacks, Phantom has seen surging popularity — particularly due to the ongoing memecoin craze. Retail investors are increasingly turning to decentralized wallets to access emerging meme tokens on platforms like Pump.fun and Tensor.trade, especially those deployed on fast, low-cost chains like Solana and Base.
This shift has driven significant user growth. Recently, Phantom surpassed Coinbase’s mobile app in U.S. App Store rankings — a notable achievement given Coinbase’s mainstream reach.
The memecoin trend has also spurred innovation in deployment tools. Platforms like Clanker, an AI-powered bot that simplifies meme coin creation on Base, are lowering barriers to entry. When combined with accessible wallets like Phantom, these tools could catalyze what some experts are calling an Ethereum memecoin mania.
Ryan Sean Adams, co-founder of Bankless, suggested exactly that in a recent post:
“Phantom on Base + Clanker + memecoins = ETH memecoin mania incoming.”
His sentiment reflects growing excitement around Base as not just a scaling solution, but a cultural hub for the next wave of crypto-native projects.
👉 See how the next wave of Ethereum-based innovations is unfolding.
Why This Expansion Matters
Phantom’s move into Base signals more than just another chain integration — it represents a broader shift toward true interoperability in Web3.
For users:
- They gain one-click access to Base’s growing DeFi and NFT markets without switching wallets
- Cross-chain swaps reduce friction and fees when moving between ecosystems
- Advanced security features lower the risk of falling victim to common Web3 scams
For developers:
- A larger, more accessible user base means higher potential engagement for dApps on Base
- Integration with a trusted wallet like Phantom boosts credibility and adoption
And for the broader ecosystem:
- Increased wallet support strengthens Base’s position as a top-tier L2
- It encourages further innovation in cross-chain tooling and user experience
Core Keywords Integration
Throughout this evolution, key themes continue to emerge: Phantom Wallet, Base blockchain, Layer 2, cross-chain wallet, DeFi, memecoins, USDC, and Ethereum. These terms reflect both current market trends and long-term infrastructure developments shaping the future of digital ownership and decentralized finance.
As more users seek unified experiences across chains, wallets like Phantom — which combine usability, security, and broad chain support — will play an increasingly central role.
👉 Explore how cross-chain wallets are powering the future of DeFi.
Frequently Asked Questions (FAQ)
Q: What is Base blockchain?
A: Base is an Ethereum Layer-2 scaling solution developed by Coinbase using the OP Stack. It offers faster and cheaper transactions while maintaining Ethereum’s security, making it ideal for DeFi, NFTs, and social apps.
Q: Can I use Phantom Wallet for Ethereum and Solana on Base?
A: Yes. Phantom supports cross-chain swaps between Ethereum, Solana, Polygon, and Base. You can manage assets across these networks within the same wallet interface.
Q: Is buying crypto on Base through Phantom secure?
A: Absolutely. Phantom uses encrypted transactions, transaction simulation, and integrates Blowfish-powered scam detection to protect users during purchases via card, Apple Pay, or Coinbase.
Q: Does Phantom support hardware wallets on Base?
A: Yes. Phantom is compatible with Ledger devices, allowing you to securely store your Base-based assets using cold storage.
Q: Why did Phantom skip other L2s and choose Base?
A: While Phantom supports multiple chains, Base’s strong backing from Coinbase, rapid ecosystem growth, and focus on mainstream adoption make it a strategic priority. Its rising TVL and memecoin activity further justify early integration.
Q: How do I avoid losing funds during wallet updates?
A: Always ensure you’re downloading updates from official sources (App Store or Google Play). Never share your recovery phrase. Enable two-factor authentication if available, and consider using hardware wallets for large holdings.
With its official launch on Base, Phantom Wallet reinforces its mission: to make multi-chain crypto access simple, secure, and scalable. As DeFi and memecoins continue to drive user growth, wallets that bridge ecosystems will become indispensable tools in every crypto user’s toolkit.