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Market News

Phantom Wallet Faces Downtime During Grass Token Airdrop

Phantom Wallet was down for about 2 hours 44 minutes due to a surge of users trying to claim their Grass airdrop.

Written By:
Iyiola Adrian

Reviewed By:
Dhara Chavda

Last updated: October 29, 2024 2:11 AM
Published October 28, 2024 10:34 PM
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Last updated: October 29, 2024 2:11 AM
Published October 28, 2024 10:34 PM
Phantom Wallet Faces Downtime During Grass Token Airdrop

Phantom Wallet, a popular digital wallet on the Solana network briefly experienced downtime as the Grass token airdrop is happening. 

A few hours ago, Phantom announced via their official X account that they were experiencing an “uptime incident,” leading to some services being temporarily suspended.

Phantom's Twitt
Source: X

The Grass token is linked to a Solana-based AI data layer called Grass Network, with 2 million active users set to receive tokens.

After the airdrop began, many users tried to claim their tokens at the same time, which caused Phantom’s systems to crash. The wallet has been down for about 2 hours and 44 minutes according to Phantom’s official status page, which flagged the situation as a “major incident.”

At the time, users faced issues such as inaccurate account balances and difficulties executing urgent transactions. 

To assist users during the outage, Phantom advised ignoring any simulation errors and suggested using a decentralized app (dApp) instead to avoid disruptions.

Fortunately, Phantom said it has resolved the issues, and all services are now functioning normally. The platform also promised that its “team will continue to actively monitor the situation”.

Also Read: Tomarket Blocks Bots and Cheaters Ahead of Airdrop

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Iyiola - Crypto Journalist at The Crypto Times
By Iyiola Adrian
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Iyiola is an experienced crypto writer specializing in simplifying complex blockchain and cryptocurrency topics for a broad audience. With expertise in ICOs, DeFi, NFTs, and regulatory updates, he offers valuable insights to help readers make informed decisions.
Dhara Chavda- Crypto Research Analyst at The Crypto Times
By Dhara Chavda
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Dhara Chavda is a Content Strategist and Research Analyst with 5 years of experience in the crypto industry. She holds a Bachelor’s degree in Computer Engineering and brings a strong technical perspective to her work. Dhara specializes in DeFi, price analysis, and the core mechanics of cryptocurrencies. She also works on crypto news, including research, analysis, and assigning stories, ensuring accurate and timely coverage of key developments in the space.

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