- Robinhood Pockets now helps Solana tokens, with the self-custody pockets accessible on iOS and Android.
- Solana value rose barely after the information.
The Robinhood Pockets, a self-custody pockets app accessible on iOS and Android, has added assist for Solana (SOL).
Robinhood introduced the large information on August 27, offering a optimistic 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 depend).
Robinhood Crypto normal supervisor Johann Kerbrat commented on the pockets’s assist for SOL and SLP tokens:
“Tremendous excited to announce that the Solana community is now reside on Robinhood Pockets! Beginning immediately, you may self-custody Solana tokens and ship + obtain 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
Common Solana wallets
Robinhood’s self-custody pockets that enables customers to carry their non-public keys and have full management over their property, 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 cellular app-based, assist SOL and its ecosystem tokens.
Key integrations or options for these wallets embrace dApp connectivity, native staking and native swaps. Common wallets are Phantom, Solflare and Torus, whereas {hardware} wallets similar to Ledger and SafePal additionally assist SOL.