Trezor, a web3 hardware wallet manufacturer, announced on December 20th that it has added support for two new tokens. The company announced via social media platform X that Trezor’s hardware wallets, Model T and Safe 3, now support SOL and Solana Program Library (SPL) tokens. This move by Trezor is particularly noteworthy following negative developments from another popular hardware wallet manufacturer, Ledger.
A Significant Move by Trezor
The list price for the Trezor Safe 3 hardware wallet was $79 at the time of writing, and it comes with a special chip that provides additional security, attracting user interest. The Model T, on the other hand, offers significant convenience for users with a touchscreen interface and a price tag of $179. Both hardware wallets support over 8,000 cryptocurrency assets, allowing users to send, receive, and exchange their assets.
SOL, as the native token of the Solana blockchain ecosystem, plays a major role, and SPL, a token standard in the Solana ecosystem, is attracting investor interest as a standard similar to Ethereum’s ERC-20 token standard.
Solana Continues to Delight Investors
The support provided by the Trezor team for SOL and SPL tokens comes at a time when Solana has seen renewed interest in both price and search engine queries over the past two months. According to data from TradingView, Solana’s price has seen an increase of 10.51% in the last 24 hours, finding buyers at the level of $80.67 at the time of writing.
While SOL was trading at around $22 at the beginning of October, it has since shown an increase of 266.8%, successfully pleasing its investors. During this significant period, Google search volume for Solana increased by 250% from early October to mid-December, once again demonstrating individual investors’ interest in Solana.
With these developments, it is possible to say that there is a hype in the Solana ecosystem. Token and NFT projects in the Solana ecosystem are also succeeding in pleasing their investors during this period. These developments are leading investors to buy more SOL and participate in the ecosystem.
