Phantom Acquires Solsniper To Expand Its Solana Trading Tools

Phantom Acquires Solsniper To Lead Solana’s Meme Coin Revolution

Phantom Acquires Solsniper to power the next wave of trading on the Solana blockchain. What started as just a crypto wallet is now shaping into something much bigger. With trading platform joining the team, the wallet is turning into a powerful platform built for meme coin traders, token watchers, and DeFi users who want speed and insight.

Source: X (Twitter)

This move Phantom Acquires Solsniper, shows just how serious the acquiring organisation is about growing inside the ecosystem, one of the fastest-growing spaces in crypto today.

Solana Grows with Speed, Memecoins, and SOL Token Use

The blockchain has transformed as a top choice for traders and developers as it is fast, cheap, and easy to use. In recent months, it’s been buzzing with activity especially thanks to meme coins. 

The SOL token, which powers everything the SOL blockchain, is trading close to $167, bouncing back from its earlier lows. SOL has surged by 3.36%, while trading volume has also spiked up by 20% to reach $4.74 Billion in the last 24 hours. 

Source: CoinMarketCap

As more people jump into Solana to create, buy, and trade tokens, these memecoin tools have become more important than ever.

Solsniper: A Key Tool in Solana’s Meme Coin Surge

The trading exchange has established itself in the community of meme coins. It also provides people with an enormous advantage that allows them to follow wallets, check the liquidity of tokens, and enter new coins as soon as they emerge.

Earlier this year, Solana saw a wild surge in meme coins, with launchpads like Pump.fun spitting out thousands of tokens daily. At its peak, the ecosystem hit over $3 billion in daily trading volume.

In that high-speed environment, they helped traders move fast often within seconds.

Phantom Acquires Solsniper to Go Beyond Just a Wallet

This update that Phantom Acquires Solsniper was directly posted by their official X account. 

The team praised tool's advanced features, calling it one of the fastest and most accurate trading tools on the SOL ecosystem. 

The platform is not just growing its product, developing its team too. Solsniper’s founder, 0xmaz, and his team are now part of the wallet's Team.

Phantom Acquires Solsniper after the organisation recently raised $150 million in a Series C funding round led by Sequoia Capital and Paradigm. 

That puts Phantom’s value at a whopping $3 billion.

Earlier this year, they also bought SimpleHash, a tool for NFT and token data. These moves show that Phantom isn’t staying in one lane, it's building an entire trading and crypto data ecosystem.

What It Means for Users and the Community?

For now, the trading tool will stay as its own platform. 

• The crypto wallet platform has made it clear: no sudden shutdowns or major changes. 

• Users can keep using the Sol Memecoin platform just like before. 

• With upgrades and new features expected in the upcoming months.

By keeping things steady, the exchange application is showing respect for memcoin tool's community and the trust it has built over time.

Big Plans for Solana’s Future

As meme coin activities continue to surge on this SOL blockchain, the application is setting the stage with the right tools. 

Phantom Acquires Solsniper at just the right time Solana’s user base is expanding, meme coins are still hot, and SOL is gaining strength again.

It is clear that the platform wants to lead Solana’s next chapter not just as a wallet, but as the go-to platform for real traders, in real-time, using real crypto infrastructure.