Trezor, a web3 hardware wallet manufacturer, has added support for two new tokens.
Trezor’s hardware wallets, Model T and Safe 3, now support SOL and Solana Program Library (SPL) tokens. wrote on social media platform.
The Trezor Safe 3 costs $79 and comes with a special chip that provides additional security. The Model T includes a touchscreen interface with a $179 price tag. Both support over 8,000 coins and tokens and allow users to send, receive, and trade assets.
SOL is the native token of the Solana blockchain, and SPL is Solana’s token standard, similar to Ethereum’s ERC-20 token standard.
Solana rally
Trezor’s support for SOL and SPL tokens comes at a time when Solana has seen renewed interest in both trading and search engine searches over the past two months. According to The Block’s Solana pricing page, Solana’s price is $80.34 as of 11 AM ET, up 8.62% over the past 24 hours. The token price has increased 266.8% from around $22 in early October to date.
The price of Solana has been rising over the past few months. Image: The Block’s pricing page.
As The Block previously reported, Google searches for “Solana” increased 250% from early October to mid-December.
Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.
© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.
About the author
MK Manoylov has been a reporter for The Block since 2020, joining just before Bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for publications covering all cryptocurrency-related news, preferring NFTs, metaverse, web3 games, fundraising, crime, hacking, and cryptocurrency ecosystem stories. MK holds a graduate degree from New York University’s Science, Health, and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. X You can follow MK at @MManoylov and on LinkedIn.