According to Phantom Wallet's official Twitter announcement, the platform is preparing to roll out a new social feed feature, encouraging users to share their Phantom usernames for easier friend discovery and community engagement. This update is designed to drive higher user activity and retention on the Phantom platform, potentially increasing on-chain transaction volume and wallet adoption rates. Traders should monitor user engagement metrics, as increased social interaction within the wallet ecosystem can lead to higher Solana network activity and impact SOL and related token price movements. Source: Phantom Wallet Twitter, June 2024.