Solana News Today: Phantom Acquires Solsniper to Boost AI-Driven Solana Memecoin Trading

Phantom, one of the leading wallet providers on the Solana blockchain, has acquired Solsniper, an AI-powered trading tool designed to automate memecoin trading strategies. The acquisition brings Solsniper’s advanced capabilities—such as real-time tracking of tokens and whale wallets—into Phantom’s ecosystem, enhancing the speed and accuracy of trades in the fast-moving Solana memecoin market [1]. Phantom’s official announcement, made through its X account, emphasized Solsniper’s role in enabling traders to act swiftly and precisely in a highly volatile environment [1]. The integration of Solsniper’s technology eliminates the need for cross-chain interactions, streamlining memecoin trading on Solana’s high-speed, low-cost infrastructure [1].

This move is part of Phantom’s broader strategy to evolve from a simple cryptocurrency wallet into an all-in-one consumer finance product. The acquisition follows Phantom’s $150 million Series C funding round, led by Sequoia Capital and Paradigm, which valued the company at $3 billion [1]. Alongside the recent acquisition of SimpleHash, a provider of NFT and token metadata, Phantom is building a comprehensive crypto trading and data ecosystem [1]. The team behind Solsniper, including crypto veterans like @0xmaz_, will help improve Phantom’s trading products and support the expansion of its offerings [1].

Solsniper has become an essential tool for traders in the Solana memecoin space, particularly as the market has experienced explosive growth in 2025. The rise of user-friendly launchpads and high trading volumes—such as the $3 billion daily transactions seen on apps like Pump.Fun—has fueled demand for tools that can respond to rapid market changes [1]. Solsniper’s AI-assisted tracking and decision-making support give high-frequency traders a competitive edge, allowing them to monitor token launches and take action in real time [1]. Phantom’s acquisition positions it to lead in the development of Solana’s memecoin trading infrastructure, with plans to introduce additional features and integrations in the future [1].

From an analytical perspective, Phantom’s acquisition reflects the increasing maturity of the Solana memecoin market. As both retail and institutional investors take greater interest in the sector, the demand for tools that can process and act on data quickly becomes more pronounced [1]. Phantom’s move signals a shift from speculative, sentiment-driven trading to a more systematic and technology-driven approach [1]. However, it is important to note that AI-driven tools do not guarantee favorable outcomes, especially in markets where sentiment can shift rapidly and unpredictably [1].

The acquisition also highlights Phantom’s ambition to expand its role in the crypto space. By embedding advanced trading features into its platform, Phantom is positioning itself as a one-stop solution for asset management and execution, catering to a wider range of users, from novice traders to more experienced participants [1]. The integration of Solsniper’s AI-powered tools into Phantom’s platform may lead to greater consistency and predictability in Solana memecoin trading, introducing a layer of algorithmic discipline to a market often driven by hype and social sentiment [1].

Source: [1] Phantom Snags Solsniper: Solana’s AI-Powered Memecoin Trading Game-Changer (https://www.livebitcoinnews.com/phantom-snags-solsniper-solanas-ai-powered-memecoin-trading-game-changer/)