SecuX Crypto Hardware Wallets Now Support the Solana Ecosystem!

SecuX Crypto Hardware Wallets Now Support the Solana Ecosystem!

SecuX Crypto Hardware Wallets Now Support the Solana Ecosystem!

Send, receive and store SOL and SPL tokens securely on SecuX V20, W20 & W10 via SecuXess web application

Wallet is a gateway to interact and connect with dapps across a wide range of blockchains and networks, and SecuX prides itself in providing a secure path for users to explore web3 possibilities. Today, we are introducing our initial phase of support for Solana. Users can now manage their Solana (SOL) and Solana SPL tokens on SecuX all 3 models of crypto hardware wallets, SecuX V20, W20 and W10 via the web application SecuXess. This highly anticipated addition makes the SecuX crypto hardware wallets one of the very few of its kind, to support both the Solana coin and its SPL tokens, alongside major networks including Bitcoin, Ethereum, Binance Smartchain, Ripple, Dogecoin, Litecoin, Stellar, Cardano and many more.

SecuX Crypto Hardware Wallets Now Support the Solana Ecosystem!

Over the past year, Solana has seen a huge surge in usage amongst other blockchain networks, and has built a vibrant community of both developers and users along the way. Today’s launch is just the beginning – SecuX wallets plan to further integrate with the Solana ecosystem, including the ability for users to connect to Solana dapps, and the ability to view and manage their Solana NFTs directly within their SecuX hardware wallets.

Solana Ecosystem

Many blockchain and crypto users have been looking for networks that offer cheaper and faster transactions. Solana has been one of the fastest growing blockchain in the last year, with over $7.35 billion in total locked value (TLV), and over 1,400 projects launched, spanning across defi, NFTs and web3, currently ranked as the ninth cryptocurrency in market cap. Despite market slowdown and price slump this year, Solana had reached its highest all-time NFT sale volume, with over $2.35 billion in June.

Security Alert for SOL Holders

However, Solana ecosystem also appears to be the victim of crypto’s latest exploit, with users reporting at least $5 million in funds have been drained without their knowledge from 8,000 major internet-connected “hot” wallets including Phantom, Slope and TrustWallet. The underlying nature of the private key being stored online on mobile and software wallets for fast and convenient access, has again exposed the vulnerability of such wallets that can be easily compromised by hackers. Many have debated that although less convenient and time-consuming, a cold storage solution such as a hardware wallet, is inarguably the most secure way of storing and managing crypto assets. Users would never have to worry about the risks of theft and loss of their cryptos and NFTs, as long as the private key is generated and stored offline on a hardware wallet, which is required to verify and sign outgoing transactions or smart contracts.

The Best Cold Wallet for Solana and SPL Tokens

Today’s release enables all SecuX V20, W20 and W10 users to connect their hardware wallets to their computers on the SecuXess web application via Chrome browser, add the Solana account and start receiving and sending SOL and SPL tokens. For any outgoing transactions, users would be required to verify all transaction details on the app as well as the device’s large 2.8 inch touchscreen, then physically authorize it on the device before the transaction could be sent and processed on the blockchain.

SecuX Crypto Hardware Wallets Now Support the Solana Ecosystem!
SecuX Crypto Hardware Wallets Now Support the Solana Ecosystem!

Crypto pros can also recover an existing wallet by entering your seed phrase or recovery words into any of the SecuX hardware wallets, but we would advise that if there was any suspected risks of the private key/ seed phrase/ recovery words had been exposed online, generated or entered on a mobile or software wallet, always create a new wallet with a new set of recovery phrase*, transfer the funds into this safe wallet address, to enjoy a peace of mind. The military-grade Secure Element chip protects the private key to never leave the device, and keeps it off the radar of malicious intentions.

*For security best practice and the safeguarding of your recovery seed phrase, the X-SEED series protects your crypto assets against water, fire, and natural disaster.

Looking Forward

We want to safely guide our users to explore and participate in the exciting world of dapps and the larger crypto ecosystem seamlessly. With its low gas fees and fast transaction speed, Solana makes the perfect introduction to web3, and the world of crypto accessible to even more people.

Today’s launch is just the beginning of SecuX wallets and the Solana ecosystem joining forces together. In the coming months, we’ll be adding support for Solana NFTs and the ability to connect SecuX wallets to Solana dapps and interact with everything the Solana ecosystem has to offer.

Get your SecuX wallet today and securely manage your SOL and SPL tokens!

For more information on how it works, visit our online tutorial guide.