Phantom has expanded its capabilities through the acquisition of Solsniper, a rapidly growing meme coin trading platform on Solana. This move strategically positions Phantom to offer enhanced trading experiences and deeper engagement with the vibrant meme coin community that continues to thrive within the Solana ecosystem.
We’ve acquired @solsniperxyz — one of the fastest, most advanced trading platforms on Solana.
Built for precision and speed, Solsniper helps traders monitor tokens, track wallets, and react instantly. It’s a favorite of power users for a reason. pic.twitter.com/rtC6Ebh6kp
— Phantom (@phantom) August 4, 2025
Solsniper, known for its fast and efficient trading interface tailored to meme coins, has seen significant growth due to the rising popularity of these tokens. By integrating Solsniper’s technology and expertise, Phantom aims to supercharge its platform’s trading functionality, providing users with faster transaction speeds and access to more diverse trading opportunities.
The CEO of Phantom highlighted that this acquisition aligns with their vision to facilitate seamless trading and improve user access to the most promising sectors of the Solana ecosystem. Meme coins have become a major part of the Solana community, contributing to high user engagement and trading volumes, making the integration of Solsniper’s platform a natural fit.
Phantom has earned its reputation as a user-friendly and secure wallet, well-regarded for its fast transactions and intuitive interface. This new development further solidifies its position by incorporating advanced trading tools without compromising on the ease of use that attracts a broad user base.
The acquisition also comes at a time when the Solana blockchain is growing rapidly, with projects and users increasingly focusing on DeFi and meme coin investments. Phantom’s strategy to absorb Solsniper’s unique trading platform will likely accelerate adoption among retail traders looking for innovative and effective trading solutions on Solana.
By expanding its offerings, Phantom is set to enhance liquidity and trading functionalities, empowering users to capitalize on emerging market trends within the Solana blockchain quickly and efficiently.
Meanwhile, A coalition of major players in the Solana ecosystem, including Jito Labs, VanEck, Bitwise, the Solana Foundation-backed Policy Institute, and Multicoin Capital, has formally appealed to the U.S. Securities and Exchange Commission (SEC) to permit liquid staking for Solana-based exchange-traded products (ETPs).
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