Coinbase Adds Solana Tokens to Self-Custody Wallet in Non-EVM First

2 years ago

Coinbase’s self-custody crypto wallet added Solana ecosystem tokens Thursday successful an enlargement of the MetaMask competitor’s sum scope.

Solana Program Library (SPL) tokens – Solana’s mentation of Ethereum’s ERC-20 tokens – are present the archetypal non-Ethereum-compatible crypto plus connected Coinbase Wallet. The browser hold and app was antecedently constricted to Ethereum Virtual Machine networks specified arsenic Polygon, BNB Chain and Avalanche.

Solana’s summation has the superior effect of greenlighting this blockchain’s ecosystem of token-linked lending, trading, governance and stablecoin projects for deposit. It follows Coinbase’s opening of trading past period for 2 specified projects: Bonfida and Orca.

In a blog station shared with CoinDesk, the crypto speech pledged much Solana integrations are coming soon, including enactment for Solana-based non-fungible tokens (NFTs). Also upcoming is the quality to plug Coinbase Wallet into Solana dapps.

A Coinbase typical did not respond to questions.

A look astatine Coinbase Wallet's Solana support. (Coinbase)

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Danny is CoinDesk's lawman concern editor. He owns BTC, ETH and SOL.


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