• Robinhood Pockets now helps Solana tokens, with the self-custody pockets out there on iOS and Android.
• Solana price rose barely after the information.

The Robinhood Pockets, a self-custody pockets app out there on iOS and Android, has added help for Solana (SOL).

Robinhood introduced the massive information on August 27, offering a constructive flip in Solana sentiment as costs hovered close to $155. SOL price rose barely on the information earlier than retreating because the broader market struggled.

With help 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 increase for an ecosystem that has over $9.8 billion in whole worth locked and greater than 1.99 million lively addresses (24-hour depend).

Robinhood Crypto common supervisor Johann Kerbrat commented on the pockets’s help for SOL and SLP tokens:

“Super excited to announce that the Solana network is now live on Robinhood Wallet! Starting today, you can self-custody Solana tokens and send + receive over the Solana blockchain.”

Robinhood Solana

Simply in: Robinhood Pockets has added help for Solana! https://t.co/Qxsu8mrVTE pic.twitter.com/7VumKVvCgT

— Solana (@solana) August 27, 2024

Fashionable 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 lots of the high 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, help SOL and its ecosystem tokens.

Key integrations or options for these wallets embrace dApp connectivity, native staking and native swaps. Fashionable wallets are Phantom, Solflare and Torus, whereas {hardware} wallets reminiscent of Ledger and SafePal additionally help SOL.