According to Phantom (@phantom), the wallet platform has introduced gasless swaps on Solana, allowing users to pay transaction fees using the token they are swapping instead of SOL. This update removes the barrier of needing SOL for transaction fees, streamlining user experience for traders and potentially increasing trading volume and liquidity on Solana-based decentralized exchanges (Source: Phantom Twitter, May 1, 2025).

According to Phantom (@phantom), gasless swaps are now available on mobile for Solana users whose SOL balance is too low to cover transaction fees. The fees are deducted directly from the tokens being swapped rather than requiring SOL in the wallet. This feature currently requires a minimum swap of $75 and is only accessible through Phantom's mobile platform (source: Phantom Twitter, May 1, 2025). For traders, this update reduces friction when swapping tokens with insufficient SOL, potentially increasing swap volumes and improving mobile trading convenience.