Solana is a high-throughput blockchain known for fast confirmations and an active DeFi and NFT ecosystem. If you trade SOL, hold USDC/USDT on Solana, or use Solana dapps, you need a Solana-capable wallet.
Quick answer
Solana prioritizes speed and low fees for many everyday actions. Start with a non-custodial wallet, fund a small amount of SOL (or use gasless when available), then send, swap, and connect to apps. My Wallet supports Solana together with Bitcoin, Ethereum, Hyperliquid, TON, TRON, and other networks in one seed phrase.
What makes Solana different
- Fast blocks: suitable for frequent transfers and trading
- Active ecosystem: DEXs, NFTs, meme tokens, and growing RWA experiments
- Stablecoins: USDT and USDC are widely used on Solana
- Gasless path: for selected tokens, My Wallet may take the fee from the token you send (gasless transfers)
What you can do on Solana in My Wallet
- Hold SOL, USDT, USDC, and other Solana tokens the wallet can display
- Send and receive with clear fee previews
- Swap via the aggregator (service fee 0.875%, plus network fees)
- Open Solana-related apps from Explore where listed
- Keep Solana balances next to TON, TRON, Ethereum, Bitcoin, and more
How to get started on Solana
- Install My Wallet
- Create or import a wallet and back up the seed phrase offline
- Receive a small SOL (or a supported token) and confirm the address format
- Make a test send before larger amounts
- Use swaps or Explore when you are ready—verify the site and permissions
Solana vs other chains
| Use Solana when… | Consider another chain when… |
|---|---|
| You want fast DeFi and NFT activity | You mainly use Telegram/TON apps |
| You hold USDC/USDT on Solana | You need TRON USDT specifically |
| You prefer low fees for frequent trades | You focus on Bitcoin-only holding |
See also Help’s TON vs TRON vs Solana comparison.
Try Solana in a multichain wallet
Download My Wallet for Solana—and every other network—in one self-custody app.
FAQ
Do I always need SOL for fees?
Often yes for native network fees. On selected tokens, My Wallet may offer gasless sends so the fee can come from the token you send.
Can I import a Phantom wallet?
Many Solana wallets share seed-phrase import patterns, but address derivation can differ. See which Solana addresses are compatible with My Wallet.
Is Solana only for traders?
No. People use it for transfers, stablecoins, NFTs, and apps—not only trading.
Are rewards from staking guaranteed?
No. Any staking or yield product carries risk. Prefer Help Center steps over social-media APY claims.