Trezor wallet adds support for Solana (SOL) and SPL tokens

December 20, 2023 11:31 PM PST | By Invezz

Trezor wallet adds support for Solana (SOL) and SPL tokens — Image source: Invezz

Understanding Trezor’s hardware wallets

The web3 hardware wallets by Trezor enable users to receive funds smoothly, manage assets, and facilitate secure transactions and trading undertakings. Meantime. Solana’s native SOL and SPL coins have joined Trezor’s list of more than 8K tokens.

Solana’s increasing popularity

Trezor’s move comes as the Solana blockchain gains increased popularity. The asset’s Google search volume has surged 250% since October 2023, reflecting amplified optimism for the altcoin.

Solana Google Searches BOOM! Interest surges 250% as price jumps & meme-coins take off. Cathie Wood says it's "faster & cheaper" than ETH. Is Solana's comeback real? #Crypto #SearchTrends pic.twitter.com/pemXMts73Q
— Crypto Mash (@CryptoMashNews) December 19, 2023

Ark Invest’s Cathie Wood believes Solana outshines Ethereum in speed and transaction costs. Also, SOL’s price actions show the healthy performance of the crypto.

SOL led the market upside over the past day, up nearly 15% to trade at $86.47. Its holders enjoyed more than 20% in returns within the last week. The digital coin’s current price reflects a massive jump from early October levels of $22.

Trezor’s addition of Solana-based tokens comes when another well-known hardware wallet, Ledger, navigates the latest exploit that saw users losing over $600K.

The post Trezor wallet adds support for Solana (SOL) and SPL tokens appeared first on Invezz

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