Safe

Token

Solana

<img width="1920" height="1080" src="https://coingape.com/wp-content/uploads/2023/12/Criptomoeda-Solana-altcoin-Twitter.jpg" class="attachment-full size-full wp-post-image" alt="" decoding="async" style="float:right; margin:0 0 10px 10px;" srcset="https://coingape.com/wp-content/uploads/2023/12/Criptomoeda-Solana-altcoin-Twitter.jpg 1920w, https://coingape.com/wp-content/uploads/2023/12/Criptomoeda-Solana-altcoin-Twitter-300x169.jpg 300w, https://coingape.com/wp-content/uploads/2023/12/Criptomoeda-Solana-altcoin-Twitter-1224x689.jpg 1224w, https://coingape.com/wp-content/uploads/2023/12/Criptomoeda-Solana-altcoin-Twitter-768x432.jpg 768w, https://coingape.com/wp-content/uploads/2023/12/Criptomoeda-Solana-altcoin-Twitter-1536x864.jpg 1536w, https://coingape.com/wp-content/uploads/2023/12/Criptomoeda-Solana-altcoin-Twitter-678x381.jpg 678w, https://coingape.com/wp-content/uploads/2023/12/Criptomoeda-Solana-altcoin-Twitter-150x84.jpg 150w" sizes="(max-width: 1920px) 100vw, 1920px">
Trezor Wallet, a leading Web3.0 hardware wallet has announced its support for Solana (SOL) and tokens designed using the Solana Program Library (SPL) on its platform. 
<h2 id="strong-strategic-sol-and-spl-token-integration-strong">Strategic SOL and SPL Token Integration</h2> 
SOL is the native token of the Solana blockchain while SPL is the token standard on designed for the ecosystem, similar to Ethereum’s ERC-20 token standard. Based on the new development, Trezor Wallets Model T and Safe 3 now support SOL as well as all SPL tokens, per the announcement by Trezor on the X app. 
These Trezor Wallets collectively support as much as 8,000 coins and they also facilitate the sales and transfer of digital assets for users. Furthermore, the Safe 3 which is worth approximately $79 has a special chip that provides an additional layer of security. Model T, on the other hand, costs $179 and has a touchscreen interface. 
The decision to integrate these tokens comes amid a recent surge in the market value of Solana. Within the last 24 hours, the popular altcoin has recorded almost a 15% increase in its market value. According to the current market outlook, SOL is trading at $83.28, a level that marks its highest for the year.&nbsp; 
This recent price surge has placed Solana as the 5th largest cryptocurrency by&nbsp;market capitalization. 
The SOL price rally contributed to a flip which helped the coin to <a href="https://coingape.com/solana-sol-flips-xrp-as-it-tops-ethereum-in-24hr-dex-volume/" target="_blank" rel="noopener">surpass XRP</a> while also achieving a milestone in which it led Ethereum (ETH) in 24-hour DEX volume. Meanwhile, it is perceived that the recent price surge of Solana is a function of the rising popularity of the memecoin, BONK, which will also be supported by Trezor Wallet.&nbsp; 
<h2 id="strong-trezor-wallet-grabs-opportunity-to-grow-strong">Trezor Wallet Grabs Opportunity to Grow</h2> 
The decision to add Solana and its associated tokens may be a strategy for Trezor to take advantage of a recent unfortunate incident in the Decentralized Finance (DeFi) landscape that saw the exploit of Ledger. 
Ledger’s ConnectKit <a href="https://coingape.com/rug-pull-alert-multiple-protocols-affected-in-ledger-connectkit-attack/" target="_blank" rel="noopener">suffered a rug pull</a>&nbsp;about a week ago which affected versions greater than 1.1.4, according to Web3 security firm, Blockaid. At the time of the security breach, approximately $150,000 was reportedly lost, a figure that has now soared above $600,000.&nbsp; 
The protocol has promised to <a href="https://coingape.com/just-in-ledger-to-reimburse-users-following-connect-kit-breach/" target="_blank" rel="noopener">reimburse all affected wallets</a> but Ledger users may likely consider exploring other platforms as a loss of faith in the security of the attacked wallets. Trezor comes off as one of the top favorites should Ledger users choose to cross-carpet. 
The post <a href="https://coingape.com/trezor-wallet-integrates-solana-and-spl-tokens/">Trezor Wallet Integrates Solana and SPL Tokens</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Trezor Wallet Integrates Solana and SPL Tokens

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