- Phantom integrates the AI technology of Solsniper to traders.
- The switch is faster and more accurate in the area of tracking tokens.
- Acquisition signals Phantom’s aggressive growth on Solana.
Phantom has done a power move with the Solsniper acquisition, the Solana-based memecoins sniper tool that specializes in speed of trade and artificial intelligence-assisted accuracy.
Source – X
The announcement came through Phantom’s official X account, and it has been noted that Solsniper has an advantage over traders to track tokens and wallets in real-time with impressive speed and precision.
Source – X
This agreement is an indication of Phantom moving beyond a basic wallet to a capable all-in-one consumer finance product that serves crypto traders. Phantom announced that the team behind Solsniper, a group of crypto veterans headed by @0xmaz_ would assist in improving the trading products and ecosystem that Phantom provides.
Why Solsniper? A Trading Tool Built for Speed and Precision
Solsniper has gained a reputation for providing enhanced features providing support to the fast-moving and volatile memecoin market on Solana. The platform will allow traders to keep an eye on any token launch, watch whale wallets, and take action in real-time. It’s favored by high-frequency traders requiring split-second decisions.
In addition to this, gaining access to Solsniper technology is another important goal that Phantom acquisition aims to accomplish. This eliminates cross-chain hopping and makes the memecoin trade asy on Solana, which has low fees and high transaction rates. The strategic choice will give the users an opportunity to trade and monitor in a smooth transition without the risk of losing speed and accuracy.
What This Means for Phantom and Solana’s Ecosystem
Source – phantom.com
Phantom, initially used to boast of a clean user interface and security, is becoming aggressive. The acquisition is after raising a Series C round of $150M in funding led by Sequoia Capital and Paradigm, valuing Phantom at 3 billion.
This, together with a previous purchase of SimpleHash (NFT and token metadata provider), demonstrates Phantom developing an interconnected crypto trading and data ecosystem.
In 2025, the memecoin market on Solana experienced explosive growth, driven by the availability of launchpads that were simple to use and the rise in the volume of token trading. Apps such as Pump. Fun has had up to 3 billion a day at the beginning of the year. Solsniper became a vital application in the hands of traders in this swift market.
By purchasing Solsniper, Phantom will be capable of standing at the front of Solana memecoin trading infrastructure, though the platform will be a stand-alone at the current time. Additional features and integrations are planned in the future, which makes the Phantom team focused on enhancing the experience of trading memecoins.
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