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The Best Solana Wallets for 2025

Read 8 min
Beginner
Coins spiraling in a circle
KEY TAKEAWAYS:
— Choosing the right Solana wallet in 2025 is essential for securely managing your SOL tokens and engaging with the Solana ecosystem.

— Many crypto wallets, especially from software or custodial ones, store private keys and seed phrases online, exposing users to security risks like hacking and unauthorized access.

— Hardware wallets like Ledger signers™ prioritize self-custody and offer robust security with Secure Element chips, keeping private keys offline and ensuring secure asset management.

Solana is one of the fastest-growing blockchains today, built to support all kinds of decentralized applications (dApps) while keeping fees low. Solana wallets make it easy for crypto explorers to participate in its ecosystem and participate in Solana’s vibe, community, and functionality.

Finding the right crypto wallet to manage your SOL tokens in 2025 is crucial and will make a huge difference in your crypto experience. But first, let’s explore what Solana wallets are.

What Is a Solana Wallet?

A Solana Wallet is a crypto wallet that caters to the Solana blockchain, its dApps, functions, and ecosystem. It is a digital tool that stores and manages your private keys for Solana and SOL-based tokens. It allows you to send, receive, and engage with other Solana-based assets while providing access to dApps within the Solana ecosystem, such as DeFi protocols, NFT marketplaces, and decentralized exchanges. 

Importantly, a cryptocurrency wallet stores only the private keys that help interact with and authorize transactions with the blockchain while your assets themselves remain on the blockchain. This makes private key security crucial. While storing your private key offline reduces hacking risks, safeguarding your seed phrase is also essential since it can restore all keys if needed.

When choosing a Solana wallet – hardware or software; it’s important to remember that self-custody is a priority. With most of these Solana wallets, you’re responsible for safeguarding your private keys, which means you have full control over your digital assets but also bear the responsibility for their security. Most custodial wallets store your keys online in centralized servers or in a compromising environment. Hardware wallets are your safest bet when it comes to securing your private keys.

If you’re in a situation where you need to use custodial wallets, it is recommended that you transfer your cryptocurrency assets frequently to hardware wallets. 

On the other hand, if you use software wallets, we recommend investing in a hardware wallet. Ledger signers are built for extreme user security, with the top priority being safeguarding your keys. They generate and store private keys offline and have never been hacked due to their battle-tested security model. 

As we explore the best Solana wallets of 2025, keep in mind that, ultimately, the burden of securing your digital assets falls on you, and this determines how your web3 experience goes.

The Best Solana Hardware Wallets

Ledger Hardware Wallets

Ledger signers are built differently. 

The same foundational security model that has protected its signers for years is found on every Ledger signer. One of the integral aspects of Ledger’s security model is the Secure Element chip, the same high-end security chip used in bank cards and biometric passports.  

All Ledger signers come with Secure Screens, and the latest Ledger Stax and Ledger Flex bring with them the industry’s first secure E Ink® touchscreens. These touchscreens are a class apart, driven directly by the Secure Element chip, meaning all interactions between your Ledger signer and the blockchain are protected from malware or tampering. 

The other parts of Ledger’s security model include its Secure OS and rigorous battle-testing from its internal white-hat hacker lab, Ledger Donjon. It is due to a combination of these security pillars and even more security measures via Ledger’s web3 app interface, Ledger Wallet™, that no Ledger signer has ever been compromised.

Ledger Flex

Ledger Flex is the latest entrant in Ledger’s signer lineup, offering a perfect balance of security and usability at an attractive price point. Like all Ledger signers, Ledger Flex employs the Secure Element chip, which keeps your private keys isolated and safe from potential threats. 

What sets Ledger Flex apart is its 2.8-inch Secure E Ink® touchscreen, which allows for an intuitive user interface while maintaining the same level of robust security found in other Ledger signers. 

The Ledger Flex is a signer that goes with any lifestyle.

With additional features like NFC, USB-C, Bluetooth connectivity, and a battery life of upto 10 hours on a single charge, Ledger Flex provides secure self-custody with modern conveniences, making it an ideal choice for managing Solana and other digital assets.

Ledger Solana Flex

The Ledger Flex™ Solana Edition is here — custom design, $50 in SOL, and security that moves as fast as you do. Click here to claim yours now!

Ledger Stax

Ledger Stax represents the next generation of crypto wallets.

Designed by Tony Fadell, the creator of the iPod, it is a revolutionary signer with the world’s first 3.7-inch curved secure E Ink® touchscreen that wraps around the signer, allowing users to customize both the lock screen and spine with images or NFTs. This customization goes even deeper, allowing people to label the spine of their signer and even ‘stack’ signers together owing to its in-built magnets.  

The Ledger Stax supports over 15,000 cryptocurrencies and integrates with Ledger Wallet for easy asset management, staking, and DeFi exploration. 

Its flagship design, magnetic stacking capability, and intuitive interface make it the perfect choice for those who demand the highest level of security and a fully personalized experience in managing their digital assets.

Both Ledger Stax and Ledger Flex provide uncompromising security that can be seen, felt, and touched. These signers elevate your Ledger experience with an enhanced UX, intuitive UI, and upgraded functionalities.

Ledger Nano X

Equipped with Bluetooth functionality, the Ledger Nano X allows users to connect seamlessly with mobile signers, supporting both Android and iOS through the Ledger Wallet app. This connectivity makes it easy to manage, stake, and swap digital assets directly from a smartphone or tablet. 

The Ledger Nano X is the perfect blend of security and mobility, designed for those who want to manage their crypto assets on the go.

It comes with a battery life that supports up to five hours of continuous use and a sleek OLED screen for transaction verification. Its USB-C compatibility offers flexible charging and wired connection options, making it a versatile, travel-friendly signer ideal for users with diverse digital asset portfolios.

Alternative Hardware Wallets Providers

Other hardware wallets may seem like alternatives, but they differ from Ledger’s advanced security model. Many of these devices rely on General Purpose Microcontrollers (MCUs) rather than Secure Element chips to drive screens (or Secure Touchscreens such as those on the Ledger Flex and Ledger Stax). 

This setup exposes private keys to potential attack vectors, as MCUs make it easier for hackers to access and extract sensitive information. Even those hardware wallets that do have secure element chips do not drive their screens with them, which leaves other devices open to hacks. 

Let’s talk about screens in more detail. Typical hardware wallets feature small screens and limited touch functionality, leaving you to rely on screens on your laptop, cellphone, etc. Hackers can easily manipulate these screens. 

Additionally, hardware wallets without authenticity checks are susceptible to supply chain tampering, where devices can be compromised before they even reach users. 

Some hardware wallets also use a seedless backup approach. While innovative, this may introduce security drawbacks by eliminating traditional seed phrases. Without a seed phrase, users lose the familiar recovery method, which could create reliance on the wallet’s specific infrastructure and add complexity in case of device failure. 

Trezor

The Trezor wallet, developed by Satoshi Labs, is a hardware wallet for managing cryptocurrency assets. Launched in 2014, the hardware wallet supports Solana, Bitcoin, Ethereum, and over 1,800 cryptocurrencies. 

The flagship models are the Trezor Model One and the Trezor Model T, with the latter featuring a touchscreen. Trezor wallets operate as cold storage, keeping private keys offline and safe from online threats. They are supported by Trezor Suite, a platform for managing, buying, selling, and swapping crypto. 

SafePal

Established in 2018, SafePal is Binance Labs’ first hardware wallet investment. SafePal wallets are non-custodial, meaning users retain control over their private keys. The hardware wallet, SafePal S1, features EAL6+ certification and a self-destruct mechanism to protect against unauthorized access. SafePal supports over 54 blockchains and thousands of coins and tokens. 

Tangem

The Tangem Wallet, with its card-shaped design and NFC capabilities, supports over 13,000 cryptocurrencies across 75 networks. Users can buy, sell, and swap cryptocurrencies directly within the Tangem app.

Comparison of All Hardware Wallets Supporting Solana

Solana Hardware WalletSelf-custodySecure Element ChipPrivate key generated in Secure
Element chip
ScreenScreen/Touchscreen driven by Secure ElementChipCryptographic operations performed in a Secure Element chipPrice
Ledger Flex✅ Yes✅ Yes✅ Yes✅ Yes✅ Yes✅ Yes$249
Ledger Nano S Plus✅ Yes✅ Yes✅ Yes✅ Yes✅ Yes✅ Yes$79
Ledger Nano X✅ Yes✅ Yes✅ Yes✅ Yes✅ Yes✅ Yes$149
Ledger Stax✅ Yes✅ Yes✅ Yes✅ Yes✅ Yes✅ Yes$399
Trezor Model T✅ Yes❌ No❌ No✅ Yes❌ No❌ No$149
Safepal S1✅ Yes✅ Yes❌ No✅ Yes❌ No❌ No$49.99
Tangem✅ Yes✅ Yes✅ Yes❌ No❌ No❌ No$69.90

Solana Hardware Wallets Review

Solana Hardware WalletType of WalletCustodianshipSolana SupportPurchase CostSPL Tokens SupportedOn-rampingMobile AppDesktop versionBrowser Version
Ledger StaxHardware WalletSelf-custodyYes$399YesYesYesYesYes
Ledger FlexHardware WalletSelf-custodyYes$249YesYesYesYesYes
Ledger Nano XHardware WalletSelf-custodyYes$149YesYesYesYesYes
Ledger Nano S PlusHardware WalletSelf-custodyYes$79YesYesYesYesYes
Trezor Model THardware WalletSelf-custodyYes (via third-party)$149LimitedYes (via third-party)YesYesYes
SafePal S1Hardware WalletSelf-custodyYes$49.99YesYesYesYes Yes
TangemCard-Style  Hardware WalletSelf-custodyYes (via third-party)$69.99YesYesYes (via NFC)NoYes

The Best Solana Software wallets

To interact with dApps and platforms on the Solana blockchain, you will typically need to use a Solana software (hot) wallet. These types of wallets are installed on your laptop or smartphone as an app or operate from a Solana wallet  extension on your browser. However, it’s important to note that all Solana software wallets, while non-custodial (meaning you retain ownership of your funds), are on devices connected to the internet, like your laptop or smartphone.

Internet-connected devices can be hacked if they are compromised by malware or malicious software, allowing attackers to access private keys and potentially steal funds. This puts your private keys—and, therefore your crypto—at risk. For this reason, we advise against storing significant amounts of Solana in a hot wallet or even on a Solana wallet extension.

If you need to use a software wallet – perhaps to access certain decentralized applications (dApps) – your best option is still to use a signer like Ledger. This way, your private keys are generated and stored offline, and you can connect your hardware wallet to the software wallet when needed.

Ledger Wallet

Ledger Wallet offers a secure interface to interact with Solana’s core functions, making it ideal for managing, buying, sending, and staking SOL while keeping private keys offline and protected by Ledger’s hardware security. 

Ledger Wallet now fully supports viewing and managing Solana-based tokens (SPL tokens like USDC, BONK, Pengu, and more) directly within the application. Users can seamlessly add, view, and manage their SPL tokens alongside their SOL holdings, all while keeping their private keys secure with their Ledger signer. This integration is available on both mobile and desktop versions of Ledger Wallet, for a streamlined experience without the need for third-party wallets for basic token management. 

With Ledger Wallet, you can access the full Solana ecosystem directly from the Ledger Wallet app while ensuring that your private keys remain offline and secure within Ledger hardware. 

A friendly app and airtight hardware security means peace of mind when exploring Solana’s dApps, and DeFi platforms safely. Ledger Wallet’s seamless integration with Phantom also allows you to navigate the Solana ecosystem and simplifies the management of SOL NFTs through its direct connection with Magic Eden.

Key Features of Ledger Wallet for Solana:

  • Type Of Wallet: Non-custodial, multichain Web3 wallet.
  • Support for SPL Tokens: Yes
  • Custodianship: Users retain full control over their private keys and funds.
  • Compatibility with signer: Yes, fully integrated with Ledger Flex, Ledger Nano S Plus, Ledger Nano X, and Ledger Stax for secure access.
  • Staking: Yes, it allows Solana staking directly within the app.
  • Swap: Yes, it supports token swapping through the Ledger Wallet interface.
  • Buy on-ramp: Yes, Ledger Wallet includes options to buy crypto, including SOL, with traditional payment methods.
  • Interface: Available on both desktop and mobile, allowing flexibility in access.

Other Networks and Tokens Supported: Supports over 15,000 tokens across multiple networks, including Solana, Ethereum, Polygon, and Bitcoin.

Phantom Wallet

Phantom Wallet is a popular choice for Solana users due to its ease of use and seamless integration with dApps. You can stake your tokens, interact with Solana-based dApps, and manage NFTs all within one app. Phantom’s browser extension is user-friendly and also supports Ethereum and Polygon, making it a versatile multi-chain option for users looking to fulfill this use case. 

By connecting the ease of use of Phantom with Ledger signers, users benefit from the convenience of a hot wallet while ensuring that their private keys remain secure offline and safeguarded from online threats. With added features like token swapping and built-in staking rewards, it’s an all-in-one solution for those diving into the Solana ecosystem. 

Still, for any hot wallet, the safest approach is using it alongside a signer like Ledger, allowing users to explore Solana’s ecosystem confidently with self-custody of their digital assets.

Key Features of Phantom Wallet for Solana:

  • Type Of Wallet: Non-custodial, multichain Web3 wallet.
  • Custodianship:  Users retain full control over their private keys and funds.
  • Compatibility with Ledger signer: Yes, supports integration with Ledger for added security. 
  • Staking: Yes, built-in staking is available within the wallet.
  • Swap: Phantom offers an in-app token swap feature, enabling users to exchange tokens across supported networks. The wallet aggregates liquidity from multiple decentralized exchanges to provide optimal rates.
  • Buy on-ramp: Yes, it supports buying SOL directly through partners.
  • Interface: Available as a browser extension and mobile app (iOS and Android).

Other Networks and Tokens Supported: Supports Solana, Bitcoin, Ethereum, and Polygon, providing a multi-chain experience.

Solflare Wallet

Solflare Wallet distinguishes itself on Solana with an emphasis on security and staking capabilities, appealing to users who place a premium on safeguarding their assets. 

Unlike broader multi-chain wallets like Phantom, Solflare delivers a specialized, security-focused experience for Solana users. It provides mobile apps for both Android and iOS to handle crypto anytime, anywhere.

It has a seamless integration with Ledger signers that offers users the best of both worlds: Solflare’s user-friendly interface for everyday transactions, staking, and NFT management, with the robust security of Ledger’s offline storage for private keys. This setup allows users to enjoy the flexibility of a hot wallet while benefiting from the uncompromised security of a cold storage solution, making Solflare an excellent choice for those who want to manage their Solana assets securely and efficiently.

Key Features of Solflare Wallet for Solana:

  • Type Of Wallet: Non-custodial software wallet
  • Custodianship:  Users retain full control over their private keys and funds.
  • Compatibility with Ledger signer: Yes, integrates with Ledger for enhanced security.
  • Staking: Yes, it allows stake SOL directly from the wallet.
  • Swap: Yes, it includes token-swapping functionality.
  • Buy on-ramp: Yes, it supports buying SOL directly through partners.
  • Interface: Available as a browser extension and mobile app (iOS and Android).
  • Other Networks and Tokens Supported: Focuses solely on the Solana network and SOL tokens.

Backpack Wallet

Backpack Wallet is a security-conscious self-custodial wallet built for the next generation of web3 applications. Originally, for the Solana ecosystem, Backpack has evolved into a powerful smart contract wallet and gateway to the Backpack ecosystem for Ethereum, Optimism, Arbitrum, Polygon, Base, and other blockchains.

Backpack Wallet is a one-stop shop for all crypto needs, making it easy to explore DeFi, stake assets, manage NFTs, and seamlessly connect with dApps across blockchain ecosystems. Designed with a focus on security, Backpack ensures fast, secure, and cost-effective transactions all within a single, user-friendly interface for a seamless experience. Available on both desktop and mobile, Backpack delivers a smooth and intuitive experience across devices.

Whether you’re trading, staking, swapping, or exploring interactive NFTs, Backpack Wallet brings the full potential of the Solana ecosystem to your fingertips.

Key Features of Backpack Solana Wallet:

  • Type Of Wallet: Self custodial software wallet
  • Custodianship: Users retain full control over their private keys and funds.
  • Compatibility with hardware wallet: Yes
  • Staking: Yes
  • Swap: Yes
  • Buy on-ramp: No
  • Interface: Available on desktop and mobile
  • Other Networks and Tokens Supported: Focused solely on Solana

MetaMask (Solflare Snap) Wallet

MetaMask (Solflare Snap) Wallet is an extension of the popular Ethereum-based MetaMask wallet, enabling access to other blockchains, including Solana. Through MetaMask (Solflare Snap) Wallet, users can interact with Solana dApps while keeping the familiar MetaMask interface. This setup makes it easy for Ethereum users to explore the Solana ecosystem without needing a separate wallet. MetaMask (Solflare Snap) Wallet provide cross-chain compatibility, allowing users to manage both Ethereum and Solana networks within the same interface. 

However, because MetaMask (Solflare Snap) Wallet are third-party additions, their functionality may vary, adding complexity for those new to cross-chain wallets.MetaMask (Solflare Snap) Wallet is ideal for users already comfortable with MetaMask who want to try Solana but may lack some native features of Solana wallets.

Key Features of MetaMask (Solflare Snap) Wallet for Solana:

  • Type Of Wallet: Non-custodial software wallet
  • Custodianship: Users retain full control over their private keys and funds.
  • Compatibility with hardware wallet: Yes
  • Staking: No
  • Swap: Yes (Ethereum network)
  • Buy on-ramp: Yes (Ethereum network)
  • Interface: Browser extension
  • Other Networks and Tokens Supported: Ethereum, Solana, and other blockchains via Snaps

Exodus Wallet

Exodus Wallet is a multi-currency wallet with an intuitive interface supporting Solana (SOL), SPL tokens, NFTs, and various DeFi features, including SOL staking and token swaps.  This wallet is known for its 24/7 support and integrated exchange. Exodus does not currently support two-factor authentication and multi-signature functionality. 

In a September 2024 collaboration, Exodus integrated XO Swap into Ledger Wallet, allowing Ledger users to securely swap thousands of crypto pairs directly from their signer. This partnership aims to enhance user control and security in crypto management, making it easier for both new and experienced users to swap assets confidently.

Key Features of Exodus Wallet for Solana:

  • Type Of Wallet: Non-custodial software wallet
  • Custodianship: Users retain full control over their private keys and funds.
  • Compatibility with hardware wallet: Yes
  • Staking: Yes
  • Swap: Yes
  • Buy on-ramp: Yes
  • Interface: Desktop and mobile
  • Other Networks and Tokens Supported: Supports 200+ cryptocurrencies, including ERC-20 and SPL tokens

Atomic Wallet

Atomic Wallet is a decentralized, non-custodial wallet supporting over 1,000 cryptocurrencies, including Solana (SOL), Ethereum, and Bitcoin. It offers a user-friendly interface with features like in-app staking, portfolio management, and token swaps via ChangeNow. Users maintain full control over their private keys, secured by a 12-word seed phrase. 

Additionally, while Atomic Wallet allows cryptocurrency purchases with fiat, transactions through partners like Simplex can incur higher fees. Security features include password/PIN protection, but it lacks multi-signature support and two-factor authentication. Atomic Wallet does not currently support passphrases, instead use only a regular seed phrase (SRP). Staking yields range from 5% to 22%, appealing to users interested in growing their crypto assets while maintaining control.

Key Features of Atomic Wallet for Solana:

  • Type Of Wallet: Non-custodial software wallet
  • Custodianship: Users retain full control over their private keys and funds.
  • Compatibility with hardware wallet: No
  • Staking: Yes
  • Swap: Yes, via ChangeNow (0.5% fee)
  • Buy on-ramp: Yes (Simplex fees apply)
  • Interface: Desktop and mobile
  • Other Networks and Tokens Supported: Supports 1,000+ assets across multiple networks (Ethereum, Solana, Binance Smart Chain, etc.)

Solana Software Wallets Comparison

Solana WalletSelf custodyPrivate key storageCompatible with LedgerStakingSwapBuyInterfaceOther Networks and Tokens Supported
Ledger WalletYes ✅OfflineNatively compatible with LedgerYes ✅Yes ✅Yes ✅Desktop, MobileOver 15,000 crypto supported
Phantom WalletYes ✅Online (browser extension, app)Compatible with LedgerYes ✅Yes ✅Yes ✅Browser extension, MobileEthereum, Solana, Polygon
Solflare WalletYes ✅Online (browser extension, app) Compatible with LedgerYes ✅Yes ✅Yes ✅Browser extension, MobileSolana blockchain only 
Backpack WalletYes ✅Online (browser extension, app)Compatible with LedgerYes ✅Yes ✅
Yes ✅
Available on Desktop, MobileEthereum, Optimism, Arbitrum, Polygon, Base, and other blockchains
MetaMask (Solflare Snap) WalletYes ✅Online (browser extension, app)Through MetaMask SnapsLimitedYes ✅No ❌Browser extension, MobileEthereum, Solana
Exodus WalletYes ✅OnlineCompatible with TrezorYes ✅Yes ✅Yes ✅Desktop, MobileOver 200 cryptos supported
Atomic WalletYes ✅Online (desktop, mobile)No ❌Yes ✅Yes ✅Yes ✅Desktop, MobileThousands of cryptos supported

How to Choose the Right Solana Wallet for You

When choosing the best Solana wallets for you in 2025, several key factors must be considered to ensure your digital assets are secure. Here’s a guide to help you choose the right Solana wallet:

Safety and Security

The primary consideration when choosing a Solana wallet should be its security features. Ledger signers offer premium, battle-tested security across the lineup and also offer a cold storage wallet that keeps your private keys offline. 

Non-custodial software wallets like Phantom and Solflare give users sole control over their private keys, ensuring no third party can access your funds. Always look for wallets with two-factor authentication (2FA) and strong encryption methods.

Your safest bet for the best crypto experience is always going to be with a hardware wallet. Once you experience the level of security and ease of use of Ledger’s touchscreen line of signers, there’s no looking back. 

User-friendly interface

A wallet with a user-friendly interface is crucial, especially for those new to the crypto world. Wallets like Phantom and Exodus are known for their intuitive and clean designs, making it easy for users to navigate and manage their cryptocurrency assets. They have numerous features, such as tracking wallet activity, and Solana wallet alerts.

But with 3.7-inch and 2.8-inch touchscreen displays respectively, the Ledger Stax and Ledger Flex make web3 a breeze to surf through. These two larger displays make reading and signing transactions more legible and transparent, allowing you to easily understand what you’re signing. 

To add to this experience, the Ledger Wallet app offers a straightforward interface for easily managing your Solana assets. 

Touchscreens are an intuitive interface in our everyday lives, and with the security to back you up on your crypto journey, Ledger touchscreen signers take you one level up from your average crypto enthusiast! 

Ease of use

Ease of use encompasses the interface, setup process, and daily usability. Trust Wallet and Atomic Wallet provide easy setup processes, allowing users to quickly create a new wallet or import an existing one using a seed phrase. Features like in-app exchanges and staking options further enhance usability, making managing and growing your Solana holdings convenient.

But this convenience comes at a cost. Hot wallets are susceptible to hacks and remote attacks, and you can’t really trust your screen either, as previously mentioned. On the other hand, most hardware wallets are cumbersome to use, depending on their screens (or if they even have one).

Ledger touchscreen signers kill two birds with one bullet – not only do they offer you a better experience navigating crypto, but their time-tested security model makes it so that you are protected every step of the way. 

Supported Blockchains and Cryptos

When choosing a wallet, it’s important to consider the range of supported blockchains and cryptocurrencies. Solana-specific wallets like Phantom and Solflare offer support for Solana and its associated tokens. However, if you want to manage a diverse portfolio in the safest way possible, Ledger supports thousands of digital assets across multiple blockchains, providing greater flexibility.

Cost

Cost is another important factor to consider. Most software wallets, including Phantom, Solflare, and Exodus, are free to use, with fees only incurred during transactions. However, the tradeoff is between complete ownership. 

If you’re looking to get serious about security, a hardware wallet would be your safest bet. 

Conclusion

Picking the best Solana wallet in 2025 boils down to your security needs versus how you want to play in the ecosystem. Hardware wallets offer top-tier security, keeping your keys offline and safe like a digital vault. They’re perfect for the security-conscious.

The safest approach is to purchase a signer like Ledger to generate and securely store your private keys offline, then connect it to the software wallet as needed.

Remember, you’re in charge here. The Solana wallet you choose is your gateway to the Solana universe. Choose wisely, keep those keys secure, and enjoy the ride through Solana’s fast, low-fee blockchain. 

Frequently Asked Questions about Solana Wallets

What Are the Different Types of Solana Wallet?

Solana wallets basically come in two types: the software kind, or “hot wallets,” like Phantom and Solflare—apps or browser add-ons where your private keys are online, making them super handy but a bit risky if you’re not careful. 
Then, there’s the hardware type, or “cold wallets,” like Ledger and Trezor. These are physical devices that keep your private keys offline, giving you an extra layer of security against hackers.

How Do Solana Wallets Work?

A wallet for Solana, like all other crypto wallets, serves as digital storage units for your private keys, which are essential for accessing, sending, and receiving your SOL and Solana-based assets (SPL tokens). While there may be key differences between Solana wallets and other crypto wallets catering to different blockchains, they serve the same purpose—access to your digital wealth and management. 

Solana wallets don’t store the actual tokens; instead, they store your cryptographic keys (private keys), which authorize transactions on the Solana blockchain. Solana wallets also allow you to interact with decentralized applications (dApps) on the Solana network, making them an essential tool for managing Solana-based assets.

Do I Need a Solana Wallet?

Yes, if you plan to hold, send, or use Solana (SOL) or other digital assets on the Solana blockchain, you’ll need a compatible wallet for Solana to manage your funds. A Solana wallet also lets you participate in the broader Solana ecosystem, including SOL staking, decentralized finance (DeFi), and NFTs. For added security, consider using a Solana wallet that supports self-custody, so you retain control over your private keys.

What Is the Best Solana Wallet?

The best Solana wallet depends on your needs. Phantom and Solflare are software wallets that offer user-friendly integration with dApps and NFTs. For greater security, signers like Ledger provide offline storage of private keys and are generally considered safer for long-term holdings. If you want a Solana wallet that combines flexibility and security, consider buying a signer like Ledger to generate and store your private keys offline and connect your signer to the software wallet.

How to Create a Solana Wallet?

Creating a Solana wallet is straightforward. For a software wallet like Phantom, start by downloading the wallet extension or app. Follow the setup prompts to create a new wallet, and make sure to save your recovery phrase securely, as this is essential for accessing your funds if you forget your password. Once the setup is complete, you can begin adding SOL and exploring Solana-based dApps.

For a hardware wallet like Ledger, purchase the signer and set it up by following the instructions provided. Then, install the Solana app on the Ledger signer through the Ledger Wallet app. Finally, create a Solana address and link it to your Ledger, allowing you to securely store your assets offline.

How to Add SPL Tokens Onto Solana Account on Ledger?

While Ledger Wallet provides support for Solana SPL tokens—enabling direct management of popular tokens like USDC and BONK—many other SPL tokens require third-party wallets for full functionality.

To securely manage these unsupported tokens, connect your Ledger to compatible wallets like Solflare, Phantom, or Backpack. Follow the prompts on the Ledger Wallet Solana SPL support article to link your Ledger, and confirm the connection on the signer itself. To send SPL tokens or interact with decentralized applications (dApps), you’ll need to enable blind signing in the Solana app settings on your Ledger. Since Ledger Wallet is steadily expanding its token support, check if your specific SPL token is manageable directly in Ledger Wallet before using a third-party wallet, as this can streamline the process.

HowAdd SPL Tokens Onto Solana Account Ledger?

Ledger Wallet supports viewing Solana SPL tokens directly. Ledger has integrated support for Solana SPL tokens, allowing users to view and manage them seamlessly within Ledger Wallet on both mobile and desktop versions. Here’s how you can add SPL tokens to Solana accounts on Ledger. 

  1. Update Ledger Wallet
    Open the app, go to Settings > About, and check for updates. If an update is available, install it to access full SPL token support.
  2. Connect and Unlock Your Ledger signer
    Plug in your Ledger signer (e.g., Nano X, Flex, or Stax) to your laptop or cellphone via USB or Bluetooth, unlock it with your PIN, and ensure it’s running the latest firmware. You can update firmware via Ledger Wallet under My Ledger > Firmware.
  3. Install or Update the Solana App
    In Ledger Wallet, go to My Ledger, search for “Solana,” and install or update the Solana app on your signer. Wait until it says “Installed” and ensure the app is open on your Ledger (displaying “Application is ready”).
  4. Add a Solana Account (if not already added)
    • In Ledger Wallet, navigate to Accounts (or Portfolio).
    • Click Add Account, select “Solana (SOL),” and follow the prompts.
    • Connect your Ledger, select the Solana app, and choose an account address. Confirm it on your signer.
    • Once added, your Solana account will appear in Ledger Wallet.

  5. Add SPL Tokens to Your Solana Account
    • Go to your Solana account in Ledger Wallet under Accounts.
    • Look for the Assets or Tokens section (this may vary slightly by version).
    • Click Add Token or Manage Tokens (if available), or simply send the SPL token (e.g., USDT) to your Solana address (see step 6).
    • If prompted, search for the token (e.g., “USDT”) or paste its mint address (for USDT on Solana, it’s Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB). Approve the addition on your Ledger if required.
      1. Note: Some tokens may auto-display after being sent, while others require manual addition depending on Ledger Wallet’s token database.

  6. Send SPL Tokens to Your Solana Address
    • Copy your Solana account address from Ledger Wallet (under Accounts > Solana > Receive).
    • From an exchange or another Solana wallet, send the SPL token (e.g., USDT) to this address. Ensure the token is on the Solana blockchain (SPL), not another network like Ethereum.
    • After the transaction confirms, the token should appear in Ledger Wallet under your Solana account’s assets. If it doesn’t, manually add it as described in step 5.
  7. Verify and Manage
    • Check your token balance in Ledger Wallet under your Solana account.
    • To send tokens, go to Send, select the SPL token, enter the recipient address and amount, and confirm the transaction on your Ledger signer.

We’ve previously covered all about SPL tokens and how they relate to your Ledger experience. For more information on how to trade your SPL tokens on Ledger Wallet you can refer to our support article here


The Shift: From Hardware Wallet to signer 

Crypto may have begun as a bold experiment, but adoption has grown as the technology and user experience have rapidly evolved; the language used to describe it, has however, stayed stuck in its infancy.

We called our devices “hardware wallets,” mislabelling the role of secure hardware, and obfuscating the role of software (Ledger Live). Along the way, users were left behind.

People believed:

  • That value was stored on the device (it isn’t).
  • That if you lose the device, you lose your assets (you don’t).
  • That the device itself was the endgame (it’s not).
  • That those 24 words were a burden only tech-savvy users could manage (not true anymore).

These are more than misconceptions. They are adoption blockers. So at Ledger, we believe that clarity is essential for the next stage of adoption

We’re changing how we speak about our products. And by doing so, we’re changing how people understand digital ownership itself.

Hardware wallets  → signers

Ledger devices don’t store value. They sign transactions. They prove intent. They verify identity. They’re not vaults, they’re the secure bridge between who you are and what you do online. They don’t just hold keys. They empower you to trust yourself.

We call them signers now, because that’s what they truly are.

In a world where AI grows more powerful every day, proof of humanity matters more than ever. A signer is more than a security device, it’s your cryptographic proof of you. It gives you a secure foundation to own, authorize, and protect your digital life without relying on anyone else. From sending a transaction to signing a contract or verifying your credentials, your signer  ensures you, and only, can provide digital consent – proof of you.Together, signer and Ledger Wallet redefine what digital ownership looks like, clear, secure, and free from compromise.


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