My Phantom Wallet Doesn’t Show My Balance: A Common Problem and How to Fix It

As a Solana user, you’ve probably experienced the frustration of an account where your transactions are marked as invalid or incorrect due to outdated balances. But have you ever encountered the problem of your phantom wallet not showing your current balance? This can be especially frustrating if you rely on your wallet for everyday transactions and want to know how much money is in your account.

In this article, we’ll figure out what causes this problem and provide step-by-step solutions to fix it once and for all.

Why isn’t my phantom wallet showing my balance?

The problem of a phantom wallet not showing my balance can arise for a number of reasons:

• Incorrect or outdated wallet data: If your Solana wallet isn’t configured or updated properly, it may not be tracking your transactions accurately.

• Wallet Configuration Issues: Incorrect settings such as incorrect network, fuel limit, or keyboard may cause balance updates to be incorrectly marked in the wallet.

• Network congestion: High traffic on the Solana network can slow down the update process, resulting in inaccurate balances.

“Terrible update” error

When you try to update your Solana balance in your Phantom wallet, you may see an error message stating that the update to your account will take a long time or is “terrible.” This is likely due to one of the following reasons:

• Network congestion: There is heavy traffic on the network, causing updates to be slow.

• Incorrect wallet settings: Settings such as gas limit, network type (e.g. testnet), or key pair configuration are not configured correctly.

How ​​to fix

To fix this issue and have your Phantom Wallet accurately display your balance:

• Check your wallet configuration:

• Check that you are using the correct Solana network (mainnet, testnet, etc.).

• Make sure that your gas limit and key pair settings are set correctly.

• Check for network congestion:

• Try to update your account during a less busy time or use a different network if possible.

• Consider upgrading to a more powerful device or using a faster internet connection.

• Clear your wallet data:

• Log out of the Phantom app and log back in using the same key pair.

• Clear all cached wallet data by deleting the cache folder (usually ~/.solanaWallet/).

Additional Tips

To further troubleshoot the issue, you can try:

• Check Transaction History: Review your transaction logs to ensure that all updates are processed correctly.

• Contact Solana Support: Contact the official Solana Support team for assistance in setting up or troubleshooting your Phantom wallet.

Following these steps and troubleshooting tips should resolve the issue of Phantom wallet showing inaccurate balance. Remember to always update your wallet details and configure them properly to avoid this issue in the future.