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Phantom Acquires Solana Trading Platform Solsniper to Expand Services

Cryptocurrency wallet provider Phantom has acquired Solsniper, a high-speed trading and analytics platform specializing in the Solana blockchain. …
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Key points of the news: Phantom acquired SolSniper and advances on the segment of onchain terminals, a key category for the growth of the Solana ecosystem. SolSniper provides advanced trading functions, after pivoting from the NFTs to memecoins and more dynamic tools. It is the third acquisition in 16 months. It is part of a strategy to integrate key functions under a single onchain platform. Phantom, the most used wallet in the Solana ecosystem…

Phantom announced the purchase of Solsniper, one of the fastest and most advanced trading platforms for memecoins in Solana. The acquisition is part of a broader strategy of product expansion and positioning in the crypto ecosystem. *** Phantom seeks to consolidate beyond being just a Solana-based wallet. The company recently acquired Solsniper, a platform for memecoins trading. Solsniper will continue to operate independently, with planned impr…

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Blockworks broke the news in on Monday, August 4, 2025.
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