CFTC Clears Path For Phantom Wallet To Integrate Prediction Markets Phantom, the non-custodial wallet for the Solana (CRYPTO: $SOL) and Ethereum (CRYPTO: $ETH) blockchains, says it secured a no-action letter from the U.S. Commodity Futures Trading Commission, allowing the platform to offer regulated derivatives to its users. According to the announcement, Phantom said it can now integrate direct access to regulated event contracts and commodity derivatives within its interface without being required to reg ...

One wallet and a dream 👻PancakeSwap has added support for @phantom across Ethereum, Base, and Monad. Swap, earn, and explore multichain DeFi, all without leaving your ghost wallet. https://t.co/rETB3NdsiH ...

Core Insights - Investing in Solana (SOL-USD) is becoming increasingly accessible for both short-term trading and long-term portfolio diversification in 2026 [1] Group 1: Buying Platforms - Centralized exchanges like Coinbase, Kraken, Gemini, and Binance are popular for new investors due to their user-friendly interfaces and security measures [3] - Fees for trading on centralized exchanges typically range from 1.5% to 2% for simple buys, while advanced trading interfaces can lower fees to approximately 0.4% to 0.6% [4] - All-in-one brokers allow trading of Solana alongside traditional assets, with fee structures that may be more transparent compared to crypto exchanges [6] Group 2: Solana ETFs - Solana ETFs, which track the price of Solana, became available in October 2025, allowing investors to gain exposure without managing wallets [9] - Major Solana ETFs include VanEck Solana Trust with a 0.3% expense ratio and 21Shares Solana Staking ETF with a 0.21% expense ratio [15] - ETFs can be held in retirement accounts for better tax efficiency, and they simplify tax reporting compared to direct ownership of Solana [10][30] Group 3: Direct Ownership - Direct ownership of Solana allows access to advanced features in the DeFi ecosystem, but it requires understanding of wallet management and security [11] - Investors must be cautious as losing recovery phrases can result in permanent loss of funds [12] Group 4: Identity Verification and Funding - Identity verification (KYC) is mandatory for platforms connected to the U.S. banking system, requiring personal information and ID uploads [13] - Various funding methods are available, including ACH transfers, wire transfers, and debit card payments, each with different fee structures [22] Group 5: Security Measures - Security options for holding Solana include exchanges, software wallets, and hardware wallets, each with varying levels of risk and control [18][19][24] - Hardware wallets provide the highest security but come with the risk of human error if lost [24] Group 6: Tax Implications - Tax enforcement for digital assets has tightened, with every transaction potentially creating a taxable event [25] - Starting in 2026, crypto platforms must issue Form 1099-DA for digital asset sales, but cost basis reporting is still being phased in [26][27] - Staking rewards are treated as income by the IRS, and capital gains tax applies based on the holding period of Solana [31][32]

phantom doing $132m annual revenue with no token. $15.5m paid to hyperliquid through builder codes. 80% of 15m users on solana. 0.75% swap fees that normies happily pay for convenience. coinbase wallet has worse ux and deeper pockets. no direct way to buy phantom so the trade is sol and hype exposure until the acquisition announcement ...

why watch the big fight on tv when it’s already in your phantom wallet 👻 https://t.co/Oyog9uqMEd ...

Phantom -> Settings -> Click [your username] -> privacy -> invisiblePhantom pushes username creation but it exposes ALL YOUR linked wallets.It is public by default, so make sure to set on invisible. https://t.co/fWFADDNBCwPhantom (@phantom):We just launched Phantom Connect 🔗A free SDK for developers to enable quick onboarding and make Phantom accounts detectable and available across apps.One Phantom account across apps ✨ https://t.co/vceW6u5L4u ...

Core Insights - Phantom, a Solana-based crypto wallet, has decided against going public, launching a token, or building its own blockchain, focusing instead on product development and investment in Solana [3][4][5] - The company has over 7 million monthly active users and has attracted significant private funding from major investors like Paradigm, a16z, and Sequoia Capital [1][3] - The decision to remain private reflects a broader trend among crypto startups prioritizing sustainable revenue and product focus over the pressures of public market volatility and quarterly earnings [8][9][10] Company Strategy - Phantom's CEO, Brandon Millman, emphasized that the company will stay private "for as long as it makes sense," indicating a strategic choice to avoid the burdens of public market compliance [3][4] - The company has assessed the costs and benefits of public listing, concluding that it can meet its funding needs through private capital [4][9] - Millman also dismissed the idea of launching a token, citing the responsibilities and market risks associated with token issuance [5][6] Market Context - The crypto market has seen a shift with companies like Circle and Kraken going public, while Phantom opts to remain private, highlighting a divergence in strategies within the industry [2][3] - Analysts note that Phantom's revenue is closely tied to Solana's performance, with a 97% correlation to Solana's total app revenue, indicating both a strength and a risk in its business model [7] - The current market environment rewards predictable cash flows, making the decision to stay private more appealing for companies focused on long-term sustainability [9][10] Industry Trends - The trend of crypto companies staying private reflects a maturation of the industry, moving away from hype-driven growth towards sustainable business practices [8][10] - Regulatory uncertainty in the U.S. adds to the complexity of going public, with companies preferring to avoid rigid compliance frameworks that could stifle innovation [9] - The dual-path model of integrating an IPO with a token remains largely untested, indicating that many firms are still exploring new business structures [6]

RT ashen (@ashen_one)Man Phantom is one of the best apps that came out of this cycleI think they’ve given reason after reason to simply never leave their walletthis is insanely goodhttps://t.co/OQa2mfc9Ig ...

Product Feature - Phantom Wallet displays the number of users currently viewing a specific in-wallet chart ("708 people here") [1] - This real-time user count provides additional data to help gauge demand [1] User Experience - The feature is considered "cool" and "very good" for providing extra data [1]

Stablecoin & Payment System - Phantom Wallet launches CASH stablecoin payment system [1] Industry News - CMC News reports on the launch [1]