For now, Phantom has confirmed that Solsniper will continue operating independently and won’t be immediately shut down or integrated into its existing app.
Phantom has acquired Solsniper, a leading Solana-based AI memecoin trading tool
Source Cryptopolitan
Solana-based wallet Phantom has acquired Solsniper, one of the fastest-growing meme coin trading platforms on the Solana blockchain. The announcement was made on Monday through Phantom’s official X (formerly Twitter) account.
“We’ve acquired Solsniper, one of the fastest, most advanced trading platforms on Solana,” Phantom posted. “Built for precision and speed, Solsniper helps traders monitor tokens, track wallets, and react instantly.”
Solsniper is renowned for its real-time token tracking, which offers highly sophisticated wallet analytics and lightning-quick trading execution. This has made it popular with traders in the Solana meme coin space due to its features that deal with the rapid marketplace.
The purchase of Solsniper will be a large pivot on the vision of Phantom. Formerly considered little more than a Web3 wallet, the company seeks to evolve into a trading and crypto infrastructure platform.
Launched in 2021, Phantom soon emerged as the wallet of choice for Solana users because of its easy-to-use interface and best-in-class security. Later, the team also added additional support for Ethereum and Polygon networks.
Earlier this year, Phantom raised $150 million in a Series C funding round. The round was led by major venture capital firms Sequoia Capital and Paradigm, giving Phantom a valuation of $3 billion.
Phantom maintains Solsniper as an independent platform
All existing Solsniper users can continue using the tool as they are now. Phantom has also promised that updates and new additions are on the way, with releases planned over the next few months.
Still, its commitment to keep Solsniper as a separate product shows Phantom intends to preserve the platform’s status quo while slowly adding new features.
Phantom stated that it is evolving beyond its role as a simple wallet and indicated that users should expect more strategic acquisitions as the company works to broaden its product offerings and speed up its development efforts.
This isn’t Phantom’s first company acquisition to boost its offerings. In February, it bought SimpleHash, a cross-chain NFT and token metadata provider. That move strengthened Phantom’s ability to support decentralized applications and NFT traders.
Phantom is building a full-stack trading and data ecosystem with both acquisitions on top of its core wallet service.
Phantom prepares for meme coin surge with Solsniper
Solana-based meme coins will see explosive growth in 2025. Launchpads like Pump.fun made it easy for anyone to create and trade meme tokens within minutes.
In January, Pump.fun alone recorded daily trading volumes of over $3 billion. This surge created a massive demand for fast, reliable tools that could give traders an edge — especially tools that allow for rapid entry into new token launches, also known as “sniping.”
Platforms like Solsniper became essential, allowing users to track liquidity, follow whale wallets, and trade in real-time — often within seconds of a new token going live.
While trading volumes have since cooled off, interest in memecoins and token tools remains high. Phantom’s acquisition of Solsniper shows that it closely watches trader behavior and adjusts its product strategy accordingly.
Crypto traders are no longer just storing assets in wallets. They are tracking, swapping, and actively engaging in fast-paced markets.
Want your project in front of crypto’s top minds? Feature it in our next industry report, where data meets impact.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Dollar presses 102 as the 10-year yield sits at 5.14% — and October hike odds are only 17%The dollar index closed at 101.99 (+0.20%) on Monday after briefly topping 102.07, while the 10-year Treasury yield rose to 5.14% and the 2-year hit 4.774% — yet futures price only about a 17% chance of a hike at the October 27-28 FOMC, versus roughly 90% for December. The driver is a global bond selloff, not a Fed repricing: France's 10-year OAT jumped to 4.84% ~ 4.94% and the OAT-Bund spread widened to 140 ~ 146bp. Here are the levels, the cross-asset read-through and what to watch.
The dollar index closed at 101.99 (+0.20%) on Monday after briefly topping 102.07, while the 10-year Treasury yield rose to 5.14% and the 2-year hit 4.774% — yet futures price only about a 17% chance of a hike at the October 27-28 FOMC, versus roughly 90% for December. The driver is a global bond selloff, not a Fed repricing: France's 10-year OAT jumped to 4.84% ~ 4.94% and the OAT-Bund spread widened to 140 ~ 146bp. Here are the levels, the cross-asset read-through and what to watch.
Meta's AI bill just hit $145 billion — and it issued a new share class to pay for itMeta reported record third-quarter revenue of $64.60 billion, up 26% from a year earlier, and raised full-year 2026 capital expenditure guidance to $135-145 billion from $130-145 billion. To fund that build-out without touching Mark Zuckerberg's voting control, the company announced a 2-for-1 stock split that hands every Class A holder a new non-voting Class C share. Here are the four lines that matter, the peer group that is being re-rated alongside it, and the bull and bear cases.
Meta reported record third-quarter revenue of $64.60 billion, up 26% from a year earlier, and raised full-year 2026 capital expenditure guidance to $135-145 billion from $130-145 billion. To fund that build-out without touching Mark Zuckerberg's voting control, the company announced a 2-for-1 stock split that hands every Class A holder a new non-voting Class C share. Here are the four lines that matter, the peer group that is being re-rated alongside it, and the bull and bear cases.
The Fed will sit still on October 28 — but 100 of 100 economists now expect a December hikeA Reuters poll run October 16-20 found 94 of 100 economists expecting the Fed to hold at 3.75-4.00% on October 28 — and all 100 expecting a hike in December, against less than half a month earlier. The market is close to the same price, with CME FedWatch at roughly 17% for October and 82.8% for December. With the Fed in blackout since October 17, here are the five dates that decide the rest of the year, what each one is priced for, and the two directions each can take.
A Reuters poll run October 16-20 found 94 of 100 economists expecting the Fed to hold at 3.75-4.00% on October 28 — and all 100 expecting a hike in December, against less than half a month earlier. The market is close to the same price, with CME FedWatch at roughly 17% for October and 82.8% for December. With the Fed in blackout since October 17, here are the five dates that decide the rest of the year, what each one is priced for, and the two directions each can take.
Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 23, 2026. Read on for the details.
Nasdaq closes at 26,008.86 — 8.9 points above 26,000, and the credit market never blinkedThe Nasdaq Composite fell 2.60% to 26,008.86 on October 22, its worst session since June, as Meta sank 6.98% on 2026 capex guidance of $135–145 billion. But the equal-weight S&P 500 rose 0.73%, high-yield credit was flat and 10-year yields fell 20 basis points. This was an AI de-rating, not a risk-off event — here is the transmission chain, the 29,000 / 28,200 levels and what would prove it wrong.
The Nasdaq Composite fell 2.60% to 26,008.86 on October 22, its worst session since June, as Meta sank 6.98% on 2026 capex guidance of $135–145 billion. But the equal-weight S&P 500 rose 0.73%, high-yield credit was flat and 10-year yields fell 20 basis points. This was an AI de-rating, not a risk-off event — here is the transmission chain, the 29,000 / 28,200 levels and what would prove it wrong.
