![]() ![]() You will also be provided with a 24-word seed phrase, which you must save in a safe place before clicking continue Go to and, by default, it will create a new wallet for you.Here are the steps to set up a wallet with Sollet, which is a common and user-friendly service for new Solana users: The wallet also comes with a private key, which a wallet owner uses to access their wallet and make transactions. SEE ALSO: Solana ($SOL) Crosses the $100 Milestone Hinting a Major Feature AnnouncementĪ wallet might be a directory or file in your computer’s file system, a piece of paper, or a specialized device called a hardware wallet.įor the majority of users, it is recommended to use app wallets or browser-based web wallets, which will provide a more familiar user experience.Ī wallet comes with a public key, which is known as the wallet’s receiving address, and senders use this address to send crypto to your wallet. ![]() However, to start on Solana, one needs a wallet.Ī crypto wallet is a device or application that stores a collection of keys and can be used to send, receive, and track ownership of cryptocurrencies. ![]() Recently, the total value locked on the Solana blockchain surpassed $2 billion, and with the SOL token hitting $100 at time of writing, there is growing interest in this blockchain that launched its mainnet only one year ago. ![]()
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