Phantom Acquires Solana Trading Terminal SolSniper, Extending Wallet Push

DeFi News
DeFi News
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Phantom, the leading wallet on the Solana blockchain, said it has acquired SolSniper, an advanced on-chain trading terminal for memecoins and NFTs. Financial terms were not disclosed. The deal, announced 4 Aug., is Phantom’s fourth acquisition in 16 months and is intended to accelerate the company’s plan to evolve from a wallet into what it calls a comprehensive consumer-finance platform.

Founded as an NFT marketplace, SolSniper pivoted to high-speed memecoin trading after NFT volumes slumped and wound down its original NFT services in June 2025. The platform offers automated sniping, wallet tracking and analytics designed for rapid execution on Solana’s low-latency network—features Phantom intends to embed directly into its wallet for a more sophisticated trading experience.

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