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Did you know that, in 2024, a total of $2.2 billion worth of crypto was stolen in cyber attacks? If you don't want to leave the safety of your Solana holdings to sheer luck, it might be time to upgrade your wallet setup! To that end, I’ve curated this list of the best Solana wallets to help you out.
Bitcoin might still be king, but Solana has long climbed to the top ranks of the most popular altcoins. More people are buying it than ever before – which means there’s a rising demand for a reliable crypto wallet that will keep their SOL safe and snug.
If the number of choices feels overwhelming, worry not – I’ve done the legwork, so you won’t have to! According to my in-depth research, these are the best wallets for Solana on the market right now:
- Ledger Flex - Solana Storing, Swapping, and Staking With Up to 5% APY
- Ledger Stax - Premium Hardware Solana Wallet With Qi Charging
- Trezor Safe 5 - One of the Best Portable Solana Wallets With SOL Staking
- Binance Web3 Wallet - A User-Friendly SOL Wallet Inside the Mobile Binance App
- Coinbase Wallet - Best Solana Software Wallet for Crypto Beginners
- SafePal - Budget-Friendly Hardware Solution for Solana Traders
- Solflare - Minimalist Solana Wallet With Integrated SOL Staking
This article is more than just a round-up, though. What is a Solana wallet, anyway? And do you really need a fancy hardware wallet like Ledger or Trezor, or would a software wallet suffice? Dig in and find out!
1. Ledger Flex - Solana Storing, Swapping, and Staking With Up to 5% APY
Ranks #1 out of 7 Crypto Wallets
- + User-friendly design
- + Robust security
- + Long battery life
- + Thousands of digital assets
- + Platform and wallet compatibility
- - No wireless charging
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Founded in 2014, Ledger has long established itself as one of the undisputed leaders in the hardware crypto wallet market. At the time of its release in July 2024, Ledger Flex was the second most advanced model in the company’s lineup, and as of writing this, it's still an excellent solution for Solana fans who need an advanced hardware wallet with top-notch security and SOL staking capabilities.
If you're a fan of earning some passive income on your Solana tokens, Ledger Flex offers a convenient, built-in SOL staking via token delegation to a Ledger by Figment validator node for a 5% APY (minus the validators’ commission rate). This rate is gradually decreasing by 15% per year until it reaches a floor of 1.5%. You can choose to unstake your SOL tokens anytime, but it'll take up to 3 days to unlock your staked tokens.
Flex seamlessly integrates with the Ledger Live ecosystem, which offers a one-stop shop for thousands of cryptocurrencies and dApps, including the popular Solana NFT marketplace, Magic Eden. It's also one of the most supported hardware wallets, meaning that you can connect it to other software Solana wallets for extra security.
Key Features
Ledger Flex is, hands down, one of the best Solana wallets for overall versatility, ease of use, and advanced features. Check out its main selling points:
- Solana Staking. You can stake your SOL tokens with a delegator for a starting APY of 5%.
- Support for Other Solana Wallets and dApps. Ledger Flex integrates with most other Solana wallets, such as Solflare. Also, via Ledger Live, you can connect to various Solana dApps.
- Ledger Live Ecosystem. Flex integrates with the Ledger Live app that offers thousands of cryptocurrencies and Polygon or Ethereum NFTs for storing, swapping, and staking. As you already know, the list includes SOL.
- User-Friendly Design. Flex comes with a large 2.84-inch E-Ink screen equipped with Gorilla Glass technology, anti-glare coating, and an option to set a custom NFT as your lock screen. It has a conveniently placed button for turning the device on and off.
- CC EAL6+ Certification. Flex’s secure element chip is certified with the CC EAL6+ rating, proving that the product has undergone rigorous testing.
These features earn Ledger Flex one of the top spots among the best Solana wallets. It caters to beginners and pros, with the only potential downside being the pricing – at $249, it’s surely on the higher end in the cold wallet industry, but I'd say its offerings are well worth it.
2. Ledger Stax - Premium Hardware Solana Wallet With Qi Charging
Ranks #2 out of 7 Crypto Wallets
- + A brand-new design
- + Industry-leading security
- + Coin, token and NFT storage
- + High levels of customizability
- + Very simple to use
- + Wireless charging
- - Pricey
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As of writing this, Ledger Stax is the most advanced model in the company's hardware wallet collection. Its accessible and user-friendly design with a large screen and wireless Qi charging transforms managing your Solana tokens into a luxury experience for those who want to stay on the cutting edge.
This wallet is one of the best options for staking Solana: you can earn up to 5% APY (although the rate decreases annually by 15% until it hits 1.5%). Like other Ledger wallets, it can be connected to most software Solana wallets for extra security.
This device features a massive (by hardware crypto wallet standards) 3.7-inch curved edge-to-edge display – almost on par with early smartphones, and perfect for managing your Solana tokens on the go.
Key Features
These are the major features and characteristics that make Ledger Stax one of the most appealing solutions to Solana traders:
- Solana Staking. Stake your SOL tokens with a delegator in just a few clicks and earn up to 5% APY.
- Access to Solana dApps. Via Ledger Live, this wallet supports plenty of Solana dApps, such as the popular Solana NFT marketplace, Magic Eden.
- Compatibility with Solana Wallets. Ledger Stax can be connected to Phantom Wallet, Solflare Wallet, and many other Solana wallets.
- 3.7-inch Touchscreen. With a screen like that, who even needs a smartphone, right? It allows for the most user-friendly interface and an easy setup.
- Wireless Qi Charging. Flex features a convenient and increasingly common wireless charging integration so that you won’t have to worry about the battery running out while you’re away from home.
The $399 price tag definitely puts Stax in the luxury product tier when it comes to hardware crypto wallets, but if you don’t want any compromises, I'd say this is one of the best Solana hardware wallets in terms of both functionality and security.
3. Trezor Safe 5 - One of the Best Portable Solana Wallets With SOL Staking
Ranks #3 out of 7 Crypto Wallets
- + Supports 1,000+ crypto assets
- + Easy navigation
- + Open-source
- + EAL6+ certified chip
- + Enhanced security features
- - Quite expensive
- - No seed recovery service
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Trezor is one of the most famous household names in the crypto wallet industry. With over 2 million users worldwide, the company is known for its uncompromising approach to security and constant innovation. Enter Trezor Safe 5 - the most powerful hardware wallet in the company's lineup (as of June 2025) that will keep your SOL tokens safe and accessible anytime.
Safe 5 comes with the Trezor Suite app that acts as a gateway to Web3 and offers thousands of tokens, among which you’ll find Solana, too. What's more, you can not only send, receive, and buy SOL, but stake it, too! Trezor offers 7% APY for this coin. Aside from SOL itself, Trezor Safe 5 supports all Solana Program Library (SPL) tokens.
Safe 5 features a 1.54-inch color display with Gorilla Glass 3 technology and haptic feedback. Weighing only 23g, this device is the best secure wallet for Solana if you’re planning to use it when you’re out and about. Besides, with its distinctive shape and 4 color choices, it could even serve as a fashion accessory.
Key Features
Here are the features that have earned Trezor Safe 5 a spot among the best Solana wallets:
- Solana Staking. With Trezor Safe 5, you can buy SOL tokens or stake them for 7% APY with the Everstake delegator. The cool-down period (after which you're allowed to unstake) is 3 days.
- Trezor Suite Integration. Trezor Suite is the ultimate companion app for the Trezor Safe 5 wallet. You can use it to set up your wallet or handle your crypto on your smartphone or computer.
- Solana Wallet Integration. Connect your Safe 5 to other software Solana wallets for enhanced security.
- Open-Source Design. Not just the Trezor firmware but the entire device is open-source, which comes with the benefit of community testing and increased anonymity.
- SLIP39 Multi-Share Backup. This advanced backup method splits your recovery seed into multiple parts[2] as a way to reduce the risk of theft.
At $169, Safe 5 is the priciest wallet in the Trezor lineup but is still more affordable than some of the other hardware wallets on the market.
Did you know?
All Crypto wallets may look similar to you but they're NOT all the same!
4. Binance Web3 Wallet - A User-Friendly SOL Wallet Inside the Mobile Binance App
Ranks #4 out of 7 Crypto Wallets
- + Semi-custodial meets next-gen MPC
- + Incredibly easy-to-use
- + Connectivity to various dApps
- + Access to token swapping through Bridge 2.0
- + Potential yields through staking
- - No browser extension
Compared to the Binance exchange, which holds the status of the largest global CEX with over 250 million active users and a daily trading volume of $8+ billion, Binance Web3 Wallet can easily fall under the radar - but it turns out to be one of the best Solana software wallets for easy SOL staking and token management.
This wallet doesn’t come in its own app but is built into the regular mobile Binance app. Unlike the default custodial wallet every user gets when they sign up on the exchange, the Binance Web3 Wallet is a self-custodial wallet that doesn’t store your private keys. You can use it to connect to various Solana-based dApps or NFT marketplaces.
Binance Web3 Wallet makes it incredibly easy to transfer crypto to and from the exchange. It gives you access to 34 blockchains, more than 60 dApps, and thousands of tokens (including Solana). What’s more, you can even stake them directly in the wallet for a 6.21% APR (your staked Solana tokens get converted to BNSOL).
Key Features
Let’s see what features make Binance Web3 Wallet one of the best Solana mobile wallets:
- Solana Staking. Does the Earn feature from the Binance exchange ring a bell? You can access it within the Binance Web3 Wallet, too! SOL is one of the available coins for staking.
- Thousands of Tokens. Binance Web3 Wallet offers plenty of Solana-based tokens and NFTs, such as JUP, BONK, and POPCAT.
- MPC technology. This wallet is secured by not one but multiple “key shares” that are stored in different locations to maximize security.
- Built-in Risk Controls. You’ll get immediate alerts if you type the wrong address or if the wallet detects a malicious contract.
In short, Binance Web3 Wallet is perfect if all you need is a safer and more versatile version of the default custodial Binance exchange wallet that supports a variety of Solana tokens and dApps.
5. Coinbase Wallet - Best Solana Software Wallet for Crypto Beginners
Ranks #5 out of 7 Crypto Wallets
- + Easy to use
- + Free to register and keep crypto coins in
- + Supports thousands of digital assets
- + Top-notch security measures
- - Not as secure as a cold wallet
- - Not the best customer support
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Founded in 2012 by Brian Armstrong and Fred Ehrsam, the Coinbase exchange has ~8 million users in over 100 countries and a daily trading volume of $2 billion. As of 2025, the Coinbase ecosystem has grown to include a few more services like Coinbase Card (the Coinbase Visa debit card) and Coinbase Prime, an OTC service.
As you might have guessed, this CEX giant comes with its own self-custodial wallet, too! Unlike the Coinbase exchange that only offers ~250 cryptocurrencies, its Web3 wallet supports thousands of coins, including popular Solana-based tokens like BONK and JUP. With such a gigantic selection, the chances that you won’t find the one you’re looking for are practically nil.
Coinbase Wallet is no slouch when it comes to dApp support. You can use it to connect to some of the most popular Solana-based decentralized exchanges, such as Raydium, NFT marketplaces (like Magic Eden), or other DeFi platforms on Solana (e.g., Pump.fun).
Key Features
Let’s dive straight into the Coinbase Wallet's best features for Solana users:
- Solana Staking. You can stake SOL tokens directly from the wallet and earn ~5% APY.
- Solana dApp Support. Connect Coinbase Wallet to the most popular Solana platforms, such as Pump.fun, Raydium, and Magic Eden.
- Quests. This feature (similar to BitDegree Missions) lets you earn free crypto (including SOL) by completing fun, bite-sized challenges that will teach you more about blockchain and Web3 in the process.
- Advanced Security Features. This wallet supports multiple sets of Ethereum and Solana addresses to help protect your anonymity and makes it easy to review and revoke your existing dApp connections.
- Transaction Transparency. Coinbase Wallet shows you a preview detailing the exact changes in your balance before the transaction and alerts you to suspicious contracts and addresses.
If you’re already using the Coinbase exchange and need a software wallet to buy, stake, or manage your SOL tokens, picking this one is probably a no-brainer.
6. SafePal - Budget-Friendly Hardware Solution for Solana Traders
Ranks #6 out of 7 Crypto Wallets
- + Top-tier security
- + An app, a browser extension, and a cold wallet
- + (Cross-chain) swaps + spot trading
- + Buy crypto with credit / debit card
- + Thousands of supported coins & tokens
- + NFT storage
- - Some concerns about the security of S1 hardware wallet
Founded in 2018 by Veronica Wong, SafePal has risen from an intrepid startup to a global business with backing from established industry leaders like Binance. The SafePal ecosystem includes a standalone mobile wallet, a banking gateway, and three hardware wallets: S1, S1 Pro, and X1.
If you’re trying to figure out how to get a Solana wallet without breaking the bank, I’ve got just the pick for you! S1 is one of the most affordable crypto wallets out there. For $49.99, you can get yourself a trusty device that will keep your SOL tokens safe with features like a CC EAL5+ secure element and an anti-hacking self-destruct mechanism.
SafePal hardware wallets are a perfect companion for Solana-based dApps. They support some of the most popular decentralized exchanges like Orca and Raydium, as well as Pump.fun, a Solana meme coin generator, and Magic Eden, a popular Solana NFT marketplace.
Key Features
SafePal S1 has plenty to offer for such an appealingly low price:
- Solana Support. The SafePal app allows receiving and buying SOL with fiat, as well as swapping it with thousands of other available tokens.
- Solana dApps. SafePal supports some of the most popular Solana-based platforms like Orca, Raydium, and Magic Eden.
- 100% Air-Gapped. True to the company’s mission of maximum security, S1 has absolutely no connections – the only way it can interact with the outside world is through the QR code you can scan with the mobile app (its USB-C port can only be used for charging).
- Anti-Hacking Self-Destruct Mechanism. As soon as it senses an outside threat, the wallet initiates a self-destruct mechanism to protect your crypto from theft. In addition, its firmware includes anti-tampering protection.
All three SafePal wallets have the same security features and integrations, but S1 offers the best value for money and makes for an excellent entry-level Solana wallet.
7. Solflare - Minimalist Solana Wallet With Integrated SOL Staking
Ranks #7 out of 7 Crypto Wallets
- + Multi-platform accessibility
- + Buy, swap, stake functionalities
- + NFT management
- + Cross-chain bridging
- + Live chat support
- - Technical glitches and instability
- - Usability issues
- - Security concerns
At this point, you’re probably wondering – what is a Solana wallet if most crypto wallets support multiple coins? To that end, let me introduce the Solflare wallet – a crypto wallet designed specifically for the Solana blockchain. It offers a one-stop shop for storing, buying, swapping, and staking SOL and other coins and tokens built on this blockchain, as well as numerous Solana-powered dApps.
To begin with, Solflare is possibly one of the best Solana wallets for staking. You can stake SOL in just three clicks. In fact, the Solflare ecosystem currently has over $14 billion worth of staked Solana!
This wallet can be accessed through the mobile app or a Chrome extension, which makes it convenient for accessing popular Solana-based dApps like Raydium. Unfortunately, it doesn’t have a dedicated desktop app.
Key Features
Solflare might not be the best Solana wallet in terms of reputation or the number of features, but it still packs a pretty solid punch:
- SOL Staking. Solflare offers a three-click access to Solana staking.
- NFT Management. See all your Solana NFTs in one place and manage them on your Solflare Wallet.
- Ledger Support. Solflare integrates with Ledger hardware wallets on both web and mobile.
- Transaction Simulation. Solflare lets you see how the upcoming transaction would affect your balance – with this wallet, you won’t be in for a nasty surprise!
- Anti-Phishing Alerts. Upon detecting a suspicious dApp, the wallet issues a security alert to stop you from exposing your crypto to a malicious contract.
Whether you’re a hardcore Solana fan who has no need for other coins or just want a separate software wallet for your Solana holdings, Solflare is a decent option that won’t weigh you down with too many advanced features.
The Best Solana Wallets: A Quick Overview
Hopefully, the previous section gave you a comprehensive insight into the top-tier options on the table. That being said, there’s definitely enough overlap between them to cause some confusion. To remedy that, here’s an overview of all the above-mentioned best Solana wallets with a side-by-side comparison:
Wallet | Private Key Ownership | Price | Number of Coins | Customer Support | Hardware Wallet Integration |
|---|---|---|---|---|---|
Ledger Flex | Yes | $249 | 5,500+ | Live chat, email | No |
Ledger Stax | Yes | $399 | 5,500+ | Live chat, email | No |
Trezor Safe 5 | Yes | $169 | 7,000+ | Life chat, email | No |
Binance Web3 Wallet | Yes | Custom network fees | 1,000+ | Email, ticket, live chat | Yes |
Coinbase Wallet | Yes | Custom network fees | 5,500+ | Phone, ticket, email, live chat | Yes |
SafePal S1 | Yes | $49 | 30,000+ | Ticket, email, live chat | Yes |
Solflare Wallet | Yes | Custom network fees | 200,000+ | Live chat | Yes |
Table: A comparison of the best Solana wallets
Feel free to refer to this table at any point while reading this article!
Best Crypto Wallets to Store Solana by Type
Putting all the crypto wallets in the same basket and trying to evaluate them together can easily feel like comparing apples and oranges. After all, the best Solana wallet for Android or iOS users might not be the same one that’s ideal for hardware wallet fans, right? With that in mind, here’s a more granular overview of the best Solana wallets by category.
Best Hardware Crypto Wallets for Solana
For some crypto traders, there’s no better feeling than being able to hold their assets in their palm. This is exactly the experience hardware wallets aim to provide – along with superior security, of course! These are the best Solana hardware wallets you should consider:
- Ledger Flex: This device is potentially the best Solana wallet for users trying to combine advanced features like SOL staking with usability. At $249, it’s a bit more affordable than Stax but still offers a 2.84-inch screen, great connectivity, and thousands of tokens.
- Ledger Stax: Stax is the most luxurious model of the Ledger lineup, well-suited for users who want to buy, swap, or stake Solana on a premium 3.7-inch screen and utilize cutting-edge features like wireless Qi charging. This wallet costs $399.
- Trezor Safe 5: At $169, Safe 5 falls somewhere in the middle of the hardware wallet price spectrum. It has a 1.54-inch color display with Gorilla Glass 3 and haptic feedback, as well as the advantage of open-source design. It integrates with the Trezor Suite, where you'll find hundreds of Solana tokens and dApps.
Between these three, Trezor Safe 5 is the clear winner for budget-conscious users looking for portability, while both Ledger models come out on top in terms of screen estate.
📚 Read More: Best Hardware Wallets
Best Software Crypto Wallets for Solana
Don’t feel like carrying around one more physical device with you? A software crypto wallet might be a better fit! Take a look at these top picks:
- Binance Web3 Wallet: This is arguably the best Solana wallet in the software category for sheer convenience, as it comes integrated with the Binance mobile app. You’ll find 34 blockchains, over 60 dApps, and thousands of tokens, including the popular Solana tokens like BONK.
- Coinbase Wallet: The Coinbase Wallet features a lot more cryptocurrencies than the Coinbase exchange, numbering into thousands. It offers advanced security features and lets users connect to some of the most popular Solana dApps, including Orca and Raydium.
- Solflare Wallet: This is a secure and powerful crypto wallet specifically designed for storing and staking SOL, although it supports other Solana-based coins and NFTs, as well. You can download it as a Chrome extension or a mobile app for iOS and Android.
The first two options reap the benefits of being connected to top-rated CEXs, which offers both convenience and better customer support, while the Solflare Wallet might be the best Solana wallet for staking in the software wallet category.
Best Solana Wallets for Mobile Users (Android & iOS)
Are you a mobile-first type of crypto enthusiast? In contrast with exchanges, crypto wallets have the benefit of being designed primarily for smartphones. Here are the top-rated contenders for the best Solana wallet for Android and iOS users:
- Ledger Flex: Even though Ledger is a hardware wallet, the Ledger Live ecosystem makes it one of the best Solana mobile wallets for an unparalleled mobile experience. It has a user-friendly UI and tons of additional features like buying and staking Solana tokens or swapping them with 5,500+ other tokens.
- Binance Web3 Wallet: Built directly into the Binance exchange app, Binance Web3 Wallet supports 34 networks and 60+ dApps. You can buy or swap thousands of coins and tokens, including SOL.
- Coinbase Wallet: The Coinbase Wallet can serve as a companion to the Coinbase exchange or as an independent crypto wallet featuring over 5,000 coins, tokens, and NFTs, as well as access to popular Solana dApps.
The Binance and Coinbase wallets get bonus points for seamless integration with their respective exchanges, which makes them exceptionally convenient for mobile users, but the Ledger Live app offers the perfect balance between top-tier security and convenience.
How to Choose the Best Crypto Wallet for Solana
If trying to choose how to get a Solana wallet that’s just perfect for you feels too overwhelming, I’ve got a strategy that might save you some headache! Try to break down your decision into smaller chunks based on different factors to take into consideration:
- Software VS Hardware Wallet. Do you want to keep your crypto in a secure physical device you’d have to carry around, or would you rather stick to a software wallet that only needs a mobile app? Keep in mind that hardware wallets are typically more secure.[1]
- Security. Regardless of which type of wallet you choose, make sure it has all the proper security measures – 2FA, passphrase protection, advanced encryption, and multi-signature support. Ideally, it should support a 20 or 24-word recovery phrase from the BIP39 standard, which is the current gold standard in the crypto industry.[2]
- User-Friendliness. Is the wallet easy to set up and figure out? Does it have an intuitive interface or, in the case of hardware wallets, a screen or easy-to-use buttons? Does it offer reliable customer support?
- Compatibility. If it’s a software wallet, does it have integrations with hardware wallets? If it’s a hardware wallet, is it compatible with multiple operating systems?
- Supported Cryptocurrencies. How many blockchains, cryptocurrencies, and dApps does this wallet support?
- Fees and Pricing. Does this wallet charge any additional fees for transactions, deposits, or withdrawals? If it’s a hardware wallet, does it fit your budget?
- Additional Functionalities. Crypto wallets can do a lot more than just hold your Solana tokens. Does the wallet you’re considering include other features like buying or staking crypto?
As you mull over all of these key considerations one by one, the list of potential options should narrow down accordingly until you’re left with just one or two best choices. At that point, your best bet is flicking through as many quality user reviews as possible – or just trusting your intuition!
📚 Read More: How to Choose a Crypto Wallet
How to Set Up Solana Wallet
If you’re eager to finally put all that theory into practice and move your Solana coins to a third-party wallet for safekeeping, say less! I’ve got just the tutorial for you. In this step-by-step guide, I’ll show you how to create a new Solana wallet using Ledger Flex as an example (of course, you have to buy one first):
That’s it! After completing your Ledger Flex setup, you can start using it as your designated Solana hardware wallet that allows holding, selling or staking the asset.
Conclusions
Trying to choose the best Solana wallet among a myriad of options can seem like a daunting task - but with this article, it won't have to be! I’ve waded through all of the most popular picks and selected the ones that have really stood the test of time and earned a respectable spot on many “Best Crypto Wallet” lists.
I can’t emphasize this enough, though – make sure to distill your requirements first! Consider what type of crypto wallet you really need. If it’s a hardware wallet, you can’t go wrong with Ledger or Trezor, while the software category has Binance and Coinbase wallets as the top players.
Either way, if you’re feeling ready to upgrade from the default custodial wallet that comes with your exchange, you might as well take your time to shop around for the perfect option!
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor.
Scientific References
1. Barakat S., Hammouri Q., Yaghi K.: 'Comparison of Hardware and Digital Crypto Wallets';
2. Shaik C.:'Unforgettable User Defined Seed Phrase for Cryptocurrency Wallets'.
About Article's Experts & Analysts
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