On May 1st, Phantom—one of the most popular wallets in the Solana ecosystem—launched a new feature
For users who’ve hit a dead end trying to swap tokens without enough SOL for gas fees, the Phantom wallet now offers a solution.
Traditionally, users need a small amount of SOL to cover network fees for any transaction on the Solana blockchain. But with gasless swaps, Phantom is flipping that script. Now, if your wallet doesn’t have enough SOL to cover a swap, Phantom will automatically activate gasless mode and deduct the fees from the tokens you’re trading.
There are some basic requirements: the feature only kicks in when your SOL balance is too low to cover fees, and it currently supports trades of $75 or more. At launch, it’s exclusive to Phantom’s mobile app, but desktop support could follow if demand grows.
This small but powerful tweak addresses one of the biggest UX friction points in DeFi. “Running out of gas” has long been a blocker for first-time users and seasoned traders alike. Now, that pain point is smoothed over—at least for mobile users on Solana.
Gasless transactions are not new to blockchain, but their adoption is picking up speed. Ethereum-based wallets like MetaMask have explored similar solutions using ERC-4337 “Account Abstraction,” and Polygon’s ecosystem also features gasless dApps.
The timing of this feature aligns with a broader push for crypto apps to feel as intuitive as traditional fintech. As of Q1-2025, Phantom has over 3 million active users, and its focus on usability has made it a go-to wallet for the Solana crowd. With gasless swaps, it continues to chip away at the hurdles preventing mass adoption.
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
Casper Network is betting big on EVM support, AI payments, and quantum-safe blockchain infrastructure with its new multi-year roadmap.
Microsoft's bet on Space and Time is starting to pay off with the launch of Dreamspace, a no code app builder
Worldcoin's World ID is now live and updated. It's out to prove you are human when on the web instead of dealing with a bot.
Introducing gasless swaps⛽ No SOL? No problem. You can now use the token you’re swapping to pay for gas.
No ETH for gas? Not a problem anymore. ⛽️ You can now swap tokens in MetaMask without requiring ETH. Live on MM Extension. 🦊 Mobile coming 🔜
