Solana Wallets

What is Solana?

The Solana blockchain has a nice name for it. The Solana name came from the Solana beach in California. As the first blockchain with a built-in clock, the Solana chain has many new strong features. Unlike the Bitcoin blockchain, the chain runs on a Proof of Stake algorithm. Because of its smart contract capability, it can perform much of the same smart contract-like features as Ethereum. But with a speed of over 65 thousand transactions per second without sacrificing its decentralization or security. This way Solana can work as a scalable layer one blockchain. To Support many different types of Dapps deployed on it.

The SOL Token

The SOL token has a couple of different use cases on the Solana blockchain. One of the most obvious use cases of the token is of course staking. The more SOL tokens a staker has staked the more he/she can earn on it. Besides a staking token, SOL is also used to send transactions. When you pay for a transaction on the chain, (with the SOL token) this transaction fee amount then disappears from the supply as the SOL validates burn the transaction fee. Burning the transaction fee can reduce the supply of the token over time.

Dapps on Solana

The Solana ecosystem is growing. And it’s growing at a fast pace. With already hundreds of applications & tokens built on their platform. Even Tether has their token launched on the chain. Because of SOL’s fast transactions and secure blockchain. Many new projects decide to either launch only on Solana or do a copy of their original protocol on the Solana blockchain as well. As you may have guests with all this many wallets and exchanges have also decided to list the chain on their wallet/exchange. Both of these can be found here on this page. Use our filters to pick the best one for you!

Solana Activity

The Solana crypto team seems very busy these days. With a lot of active Solana news today and a very active Solana Twitter account. As well as the growth of new wallets like, Sollet wallet that supports the network. Because of the growing Solana ecosystem, many people buy Solana. Making the SOL token worth more and more.

Now look below to find the best Solana wallet for Mobile, Hardware, Web, or Computer!

CAN’T FIND YOUR WALLET?

If you are looking for a specific SOL wallet on our platform but can not find it. Feel free to let us know by submitting a new Solana wallet and/or a change to an existing wallet through our contact page. This way we can provide you with the best quality wallet listing service in the world!