Binance Web3 Wallet Integrates Solana as Network Activity Soars
Binance has announced the integration of the Solana network into its Web3 Wallet.
By integrating the Solana network, Binance aims to transform its Web3 Wallet into a comprehensive, multi-chain, self-custodial wallet capable of meeting the diverse Web3 needs of its users, the exchange said in a recent press release .
With this integration, users gain access to a broader range of blockchain networks, including those based on Bitcoin (BTC) , EVM, and Cosmos (ATOM) .
Binance Web3 Wallet users con now send, receive, and swap tokens on the Solana network.
Additionally, they can explore and utilize various Solana-based decentralized applications (dApps).
Binance Web3 Wallet now includes ten Solana-based dApps, including Drift, Dual Finance, Jito, Jupiter, Magic Eden, MarginFi, Orca, PsyOptions, Pyth Network, and Raydium.
More dApps will be progressively added over time, the exchange said.
Binance also introduced the ‘dApp Hub,’ a user interface (UI) overhaul, as part of the integration.
The UI redesign consolidates all trending dApps into a single tab, providing users with a seamless experience to explore and interact with popular dApps securely.
The integration of the Solana network comes as Binance has introduced numerous improvements to the Web3 Wallet over the past few months.
These include the launch of the Binance Inscriptions Marketplace for minting and trading inscriptions, the Inscriptions Accelerator to reduce transaction waiting times, support for ERC-404 tokens, integration of various networks, and the addition of multiple dApps to expand service offerings.
Solana, known for its speed and efficiency, has become the second-largest in terms of DEX trading volume, surpassing popular networks like
