Altcoins News
By Julie Binoche
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A Strategic Move After Major Funding. The acquisition follows Phantom’s $150 million Series C funding round led by Sequoia Capital and…
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Solsniper Will Stay Independent — For Now. Phantom confirmed that Solsniper will continue operating independently for the time being.
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Beyond the Wallet: Phantom’s New Identity. Since its launch in 2021, Phantom has become the most popular wallet for Solana users thanks to…
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Preparing for Another Meme Coin Boom. Even though trading volumes have cooled since the frenzy earlier in the year, interest in Solana…
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The Bigger Picture. Crypto users are evolving. Wallets are no longer just safes for digital assets.
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Phantom, the most widely used wallet in the Solana ecosystem, has taken a major step toward expanding its role beyond storage and swaps by acquiring Solsniper — a rising star in…
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Phantom shared the news through its official X account, calling Solsniper “one of the fastest, most advanced trading platforms on Solana.
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The acquisition follows Phantom’s $150 million Series C funding round led by Sequoia Capital and Paradigm, which valued the company at $3 billion.
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Solana's meme coin market has grown rapidly in 2025, especially with tools like Pump.fun, which made it easy for users to create and trade meme tokens.
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Phantom confirmed that Solsniper will continue operating independently for the time being. The team assured current users that no immediate changes will disrupt their experience.
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This approach mirrors Phantom’s previous acquisition of SimpleHash, where the company added features gradually without disrupting existing user flows.
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Since its launch in 2021, Phantom has become the most popular wallet for Solana users thanks to its user-friendly interface and robust security.
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But now, Phantom is clearly repositioning itself. The wallet provider is aiming to become a comprehensive infrastructure layer for crypto traders.
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By acquiring two major platforms in less than a year, Phantom is building a stacked ecosystem of products that go beyond simple storage and swaps.
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Phantom’s move suggests it is preparing for a second wave of activity. As new meme coins hit the market and developer tooling improves, demand for token sniping and analytics…
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