Phantom Acquires Solana Trading Platform Solsniper to Expand Services

Cryptocurrency wallet provider Phantom has acquired Solsniper, a high-speed trading and analytics platform specializing in the Solana blockchain.

Phantom to Integrate Solsniper Team Following Strategic Acquisition

Solsniper, founded in 2021, is recognized for its precision tools enabling traders to monitor tokens, track wallet activity, and react instantly to market movements. According to Phantom, the platform is favored by power users within Solana’s ecosystem for its performance-oriented design. Phantom confirmed Solsniper’s web platform will continue operating as a standalone service post-acquisition.

The deal brings Solsniper’s team, led by co-founder and CEO Max Zhuang, into the Phantom fold. Zhuang and his colleagues are described as crypto veterans with experience delivering products across both bull and bear markets. Phantom emphasized their engineering and user-experience expertise. The news follows Phantom’s acquisition of Simplehash.

Phantom, a non-custodial multichain wallet supporting chains like Solana, Ethereum, Polygon, and Bitcoin, stated the acquisition supports its broader vision. The company aims to evolve from a wallet into a comprehensive onchain consumer finance platform serving diverse users and financial use cases.

“The Solsniper platform and the team’s expertise will help us provide more sophisticated tooling for advanced traders,” Phantom’s blog post noted. “Combining Solsniper’s advanced feature set with Phantom’s infrastructure and distribution will help Phantom build for and serve entirely new audiences.”

Phantom is planning to roll out new upgrades to Solsniper in the months ahead. The deal makes it clear the company is set on chasing bold, strategic acquisitions to broaden its toolkit. Much like Web3 wallet rivals such as Metamask, the move points toward a future where decentralized finance (DeFi) wallets evolve into powerful hubs—seamlessly fusing analytics, execution, and asset management.