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Phantom Wallet announced yesterday that it was integrating hyperlicid paps in his wallet interface.
it is amazingMainly because Phantom is the marquee wallet of Solna and is far ahead of competitive wallets such as a solflair or backpack with 15 million monthly active users (MAUS).
If the Phantom Papers wanted the market cut, I think anyone would have expected that it is a partner First Dex like drift with a native solana Bupeter,
But although the flow or Jupiter home can be a favorite, hyperlicid is the place where there is already money.
Source: Dune
So the wallet that has placed millions of people on Solana is now flowing to a rival site, which does not promote Solana fees or TVL to all.
This morning, Crackon and Support announced that Xstocks would also launch on BNB chain.
Soon, the eligible KRAKEN customers will be able to deposit and withdraw those BEP-20 stock tokens directly from the exchange.
Xstocks Kraken and Backed have a token stock product that started on Solana less than two weeks (I wrote about it last week).
Tokens shares may be solably, but they will be fiercely multicons. Bibet Also integrating xstocks.
Xstocks for BNB series are not surprising, supported co-founder Adam Levi Target target “Be a neutral, public good asset class” for the product and eventually “expand xstocks for other exchanges and chains.”
Do investors confirm these pieces of mental model news?
Phantom X hyperlicid news simultaneously confirms both fat wallet thesis and fat app thesis.
Build a great wallet like Phantom, as wallets, not the app, own users.
Or build a great app like hyperlicid, because users follow the app, not the underlying chain.
But if you can, you should definitely create fat exchange such as Robinhood or Crackon, because then you can take whatever chain you want to your users.
Crackon is a fat exchange, but it is not quite thicker as Robinhood’s 14 million moods.
This can explain the decision to go faster in multichain of crackon and cement its position on each respective blockchain.
In fact, there was no reason to believe that wallets, apps or CEXs would be loyal to start with any particular series.
Time to completely separate that perception.
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