Cryptocurrency & Blockchain · head to head
Phantom vs Rainbow
Phantom
Cryptocurrency & Blockchain
The friendly crypto wallet for Solana and beyond
- From
- Free
- Rated
- -
Rainbow
Cryptocurrency & Blockchain
The fun, simple, and secure Ethereum wallet
- From
- Free
- Rated
- -
The short version
- They diverge on capability: Phantom covers Wallet, Rainbow covers Ethereum Wallet.
Where they differ
Only the attributes on which Phantom and Rainbow actually diverge.
Identical on both: starting price (Free), pricing model (free), free tier (Yes), user rating (Not yet rated), category (Cryptocurrency & Blockchain).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Phantom
- Wallet
- Token Swaps
- Staking
- dApp Browser
- Solana
- Polygon
- Firefox support
Only in Rainbow
- Ethereum Wallet
- ENS Integration
- Layer 2 Support
- Swaps
- Optimism
- Arbitrum
- Base
Both cover
- NFT Gallery
- Ethereum
- Chrome support
- Ios support
- Android support
What people use each for
The jobs each tool is most often brought in to do.
Phantom
- Wallets
- Solananot Rainbow
- Nftnot Rainbow
Rainbow
- Wallets
- Ethereumnot Phantom
- Mobilenot Phantom
Both are used for wallets, on those jobs the choice comes down to price and fit rather than capability.
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Phantom
Nothing recorded yet. See the Phantom review.
Rainbow
- Free instant deposits and fee auto-compounding are gated behind the paid Rainbow Black tier; the vendor's own site states "Upgrade to Rainbow Black for free instant deposits, bigger rewards, and up to 100% of your trading fees auto-compounded", implying standard accounts pay deposit and trading fees
Pricing, plan by plan
Phantom
Free- FreeFree
- Multi-chain wallet
- NFT gallery
- Swaps
Rainbow
Free- FreeFree
- Ethereum wallet
- NFTs
- ENS
Which should you pick?
Choose Phantom if
- You need wallet.
- You want to start without paying.
- You work on Chrome, Firefox, Ios, Android.
- You also want token swaps.
Choose Rainbow if
- You need ethereum wallet.
- You want to start without paying.
- You work on Ios, Android, Chrome.
- You also want ens integration.
Questions people ask
- Is Phantom or Rainbow better?
- Neither clearly leads. Phantom starts at Free and Rainbow at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Phantom or Rainbow?
- Phantom starts at Free and Rainbow at Free.
- Does Phantom or Rainbow run on more platforms?
- Phantom runs on Chrome, Firefox, Ios, Android. Rainbow runs on Ios, Android, Chrome.
- Can I use Phantom for free?
- Both have a free tier, so you can try either at no cost before committing.
- What is Phantom best used for?
- Phantom is most often used for wallets, solana, nft. Of those, solana and nft are not what Rainbow is typically brought in for.
- What can Phantom do that Rainbow cannot?
- Phantom covers Wallet, Token Swaps, Staking, dApp Browser. Rainbow covers Ethereum Wallet, ENS Integration, Layer 2 Support, Swaps. Both handle NFT Gallery, Ethereum, Chrome support, Ios support.