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Best Solana Crypto Wallets • Do you need a wallet?

Wondering about the best Solana blockchain wallets? Some of our favorites are Ledger and FTX.

Solana is an open-source, permissionless blockchain that is rapidly gaining popularity. Solana is a layer 1 blockchain that supports smart contracts and decentralized applications (DApps). The Solana project was founded in 2017 by Anatoly Yakovenko, a former Qualcomm executive.

Solana wants to be an incredibly fast and scalable blockchain with low fees. Solana is currently the eighth largest blockchain by market capitalization and the fourth largest by Total Value Locked.

The native token of the Solana network is SOL. The supply of SOL is uncapped and can be staked to earn interest.

Best Cryptocurrency Wallets for Solana

Cryptocurrency wallets are tools that allow users to send, receive, and store cryptocurrencies, non-fungible tokens (NFTs), and other digital assets. The two main types of cryptocurrency wallets are hardware wallets and software wallets. A hardware wallet is a cryptocurrency wallet that stores the user’s private keys on a secure device that is not connected to the internet. Hardware wallets are a form of offline storage. Hardware wallets only allow access to stored cryptocurrencies via your private key once the hardware wallet is physically connected to your computer or device.