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13h ago

Phantom Finalizes Solsniper Acquisition to Expand Trading Infrastructure

Phantom will operate Solsniper as a standalone service to preserve its power-user base pending integration of speed-driven trading features.

Phantom
Phantom acquires solana trading platform solsniper to expand services
Phantom Buys Sniper_optimized
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Overview

  • Phantom has acquired Solsniper, the Solana-based analytics and token-sniping platform prized for its lightning-fast execution.
  • Solnsiper will remain operationally independent to maintain its community of advanced traders before Phantom layers in new capabilities.
  • Traders use Solsniper’s tools to spot token launches, monitor whale wallets, and execute transactions within seconds in volatile meme coin markets.
  • Earlier this year Phantom secured $150 million in Series C funding led by Sequoia and Paradigm and bolstered its analytics with the SimpleHash acquisition.
  • The move underscores Phantom’s evolution from a basic wallet into a high-speed, data-driven infrastructure provider for the booming Solana meme coin ecosystem.