Solfare has launched its mobile wallet on iOS and Android, Phantom’s mobile launch will take place early next year.
Solana Wallets go Mobile
Soflare Wallet announced the launch of its mobile wallet that users could download on both the Apple App Store and Google Play marketplace on Nov. 6, via a Twitter post.
Soon after, Phantom also announced on Nov.9 that they are preparing to launch a mobile version of their wallet in January, for which they will conduct a private beta launch during the holidays this year. The wallet surpassed 1 million active users on Nov. 6, as revealed on the wallet’s official Twitter page.
“We think that opening up the Solana ecosystem to mobile users will be a game-changer for adoption. More and more crypto users are becoming mobile-first every year, and we believe that making the Solana experience easy for these users is key to continuing its explosive growth,” mentioned Filip Dragoslavic, co-founder of SolFlare, in a statement.
However, this is not the first time SOL tokens can be transacted on a mobile phone, nearly all major exchanges allow for SOL tokens to be sent, traded, and staked with mobile phones. The introduction of mobile wallets to the mix allows users to have direct control of their coins and keys as these wallets are non-custodial in nature.
Solflare is a wallet built for the Solana ecosystem by the community. The wallet supports sending and receiving native SOL tokens and SPL tokens, the ERC-20 equivalent on the Solana Network. The wallet can also be used for staking SOL tokens, interacting with nonfungible tokens (NFTs), and linked to decentralized applications (dApps) on Solana.
Find more about Solflare here:
Phantom is a wallet and browser extension that can be utilized to manage crypto tokens and access decentralized applications (dApps) on the Solana network. The wallet by backed by eminent investors in the cryptocurrency domain like Andreessen Horowitz of a16z, Solana Ventures, Jump Capital, and Variant.
Find more about Phantom here:
Source : solana.news
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