• Robinhood Pockets at present helps the Solana token, and the self-custodial pockets is offered on iOS and Android.
• Following this information, the value of Solana elevated barely.

Robinhood Pockets, the self-custodial pockets app out there on iOS and Android, has added assist for Solana (SOL).

Robinhood introduced the massive information on August twenty seventh, and sentiment for Solana flipped to a constructive tone as the value hovered across the $155 mark. SOL worth rose barely following the information, however then fell as the general market slumped.

By supporting SOL and Solana-based tokens, the pockets has added a brand new gateway to Web3 for the fifth-largest cryptocurrency asset by market cap, a serious increase for an ecosystem that holds over 10 million cryptocurrencies. Complete locked worth of $9.8 billion There are over 1.99 million energetic addresses (24-hour depend).

Johan Kerblat, Normal Supervisor of Robinhood Crypto Commented Concerning pockets assist for SOL and SLP tokens:

“We're excited to announce that the Solana community is now out there in Robinhood Pockets. Beginning immediately, you possibly can self-custody your Solana tokens and ship and obtain them by way of the Solana blockchain.”

Robin Hood 🤝 Solana

UPDATE: Robinhood Pockets provides assist for Solana! https://t.co/Qxsu8mrVTE pic.twitter.com/7VumKVvCgT

— Solana (@solana) August 27, 2024

Fashionable Solana Wallets

Robinhood's self-custodial pockets permits customers to carry their very own personal keys and have full management over their belongings, and likewise helps many main cryptocurrencies, together with Bitcoin, Ethereum, Dogecoin, Arbitrum, Polygon, and so on. The pockets additionally helps Optimism Token and Base Token.

A number of wallets, each browser-based and cellular app-based, assist SOL and its ecosystem tokens.

A number of the key integrations or options of those wallets embody dApp connectivity, native staking, native swaps, and so on. Fashionable wallets are Phantom, Solflare, and Torus, however {hardware} wallets resembling Ledger and SafePal additionally assist SOL.