- Robinhood Pockets now helps Solana tokens, with the self-custody pockets out there on iOS and Android.
- Solana value rose barely after the information.
The Robinhood Pockets, a self-custody pockets app out there on iOS and Android, has added assist for Solana (SOL).
Robinhood introduced the massive information on August 27, offering a constructive flip in Solana sentiment as costs hovered close to $155. SOL value rose barely on the information earlier than retreating because the broader market struggled.
With assist for SOL and Solana-based tokens, the pockets has added a brand new gateway to web3 for cryptocurrency’s fifth-largest asset by market cap. It’s additionally an enormous enhance for an ecosystem that has over $9.8 billion in complete worth locked and greater than 1.99 million energetic addresses (24-hour rely).
Robinhood Crypto basic supervisor Johann Kerbrat commented on the pockets’s assist for SOL and SLP tokens:
“Super excited to announce that the Solana network is now live on Robinhood Wallet! Starting today, you can self-custody Solana tokens and send + receive over the Solana blockchain.”
Robinhood 🤝 Solana
Simply in: Robinhood Pockets has added assist for Solana! https://t.co/Qxsu8mrVTE pic.twitter.com/7VumKVvCgT
— Solana (@solana) August 27, 2024
Standard Solana wallets
Robinhood’s self-custody pockets that permits customers to carry their personal keys and have full management over their belongings, additionally helps most of the prime cryptocurrencies. These embrace Bitcoin, Ethereum, Dogecoin, Arbitrum, and Polygon. The pockets additionally helps Optimism and Base tokens.
A number of wallets – each browser-based and cell app-based, assist SOL and its ecosystem tokens.
Key integrations or options for these wallets embrace dApp connectivity, native staking and native swaps. Standard wallets are Phantom, Solflare and Torus, whereas {hardware} wallets akin to Ledger and SafePal additionally assist SOL.
