Phantom Wallet Makes Power Move: Acquires Solsniper to Dominate Solana Trading

Solana's leading wallet just leveled up—big time. Phantom's acquisition of Solsniper trading platform signals a strategic play to control the entire DeFi stack. Expect tighter integration, sniper-like trade execution, and maybe even fewer excuses when you FOMO into memecoins.

The deal terms? Undisclosed (naturally). But here's what matters: Phantom now owns the infrastructure for instant Solana swaps, NFT sniping, and that sweet, sweet MEV extraction. Traders win. The network wins. And VC bagholders? They'll find a way to spin this as 'validation.'

One thing's certain: When wallets start eating trading platforms, the endgame is clearer than a ledger on-chain. Welcome to vertical integration, crypto-style.

What’s Next for Phantom and Solsniper?

The acquisition is another ambitious move in the roadmap of Phantom since it is not only a crypto wallet. As a precision trading, analytics, and user-centric application, Phantom is establishing the foundation to have a more profound presence in the Solana trading ecosystem.

Also Read: Solana’s Daily Active Users Drop Sharply, SEI Tops All Blockchains