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Navigate the Solana ecosystem with Bitget Wallet and Set Sail!

Despite facing numerous challenges and the current market landscape full of Layer 2 blockchains, the long-standing L1 blockchain Solana has shown impressive fortitude in developing its ecosystem. Widely viewed as the likely “Ethereum Killer”, Solana still holds the 11th spot on the Total Value Locked (TVL) leaderboard with $287.12 million. It also surpasses well-known L2 chains like Arbitrum and Optimism in terms of 24-hour active users.

As one of the highly anticipated L1 blockchains, Solana is keeping up its strong growth trajectory in 2023. Data indicates that Solana has achieved an impressive transaction processing speed of roughly 50,000 transactions per second (TPS), with an average transaction fee of just $0.00025. With over 1,200 validating nodes ensuring network security and about 600,000 active users, Solana also boasts a bustling developer community comprised of over 1,000 active members and is well poised to solve the blockchain trilemma.

The year 2023 marks a significant milestone for the development of Solana’s ecosystem. The introduction of ground-breaking features like NFT state compression, the expansion into the gaming market, the launch of the Saga mobile phone, and the emergence of a broader range of open-source wallets have all contributed to this growth. Additionally, the initiation of more DeFi projects, enhancements in payment infrastructure, and the launch of over 100 Decentralized Autonomous Organizations (DAOs) have fueled anticipation for exciting, popular projects within the Solana ecosystem.

Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) has been keeping a close eye on the evolution of the Solana ecosystem, firmly believing that Solana’s high-speed, low-cost features, combined with its commitment to ecosystem development, will pave the way for the emergence of popular applications across various contexts and spearhead the development of the Web 3.0 market. To foster the growth of the Solana ecosystem, Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) is strategically supporting the Solana Foundation in its developmental efforts. The Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) Wallet deeply integrates with the Solana ecosystem, providing users with a convenient and secure platform for storing, trading, and interacting with Solana assets. In the future, we plan to also support Solana NFT assets and incorporate more DApps. Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) eagerly looks forward to working closely with the Solana team and the global community to generate more opportunities within the Solana ecosystem and the Web3 universe.

To aid more users in seamlessly navigating the Solana ecosystem, Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) is excited to announce the hosting of the Solana Ecosystem Month campaign and prepared a comprehensive tutorial alongside. Let’s get started and win amazing prizes!

Create Solana Wallet

Download and launch the Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) Wallet APP. Select “All Mainnets”, followed by “Add Mainnet”. Search for “Solana”, check the box beside it, and click “Confirm”. You’ve now successfully created your Solana wallet.

Adding, Transferring, and Receiving Solana Tokens

1. After creating the Solana wallet, click the “+” icon in the upper right corner, search or select the preferred token, and return to the homepage to check the token you just added.

2. To transfer tokens, click the token you wish to transfer and then select “Send”. Fill in the recipient’s address, amount, and memos, if any. Finally, click “Confirm” to complete the transaction.

3. On the token details page, click “Receive” to get a QR code or wallet address. You can then transfer cryptocurrencies from other platforms to your Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) Wallet.

Flash Swap or One-Click Cross-Chain

Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) Swap supports flash swaps of token-to-token on Solana, as well as one-click cross-chain transactions from any token on other chains to any token on Solana. This is an easy and gas-efficient process.

1. Click “Swap” on the token details page, select a token from the drop-down menu, or search for the one you wish to swap. Enter the amount, and Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) Swap will automatically find the best trading route among over 100 aggregated DEXs. Click “Confirm” to finalize the swap.

2. Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) Swap also enables one-click swaps across multiple chains. For instance, if you want to swap Ethereum’s USDT for Solana’s SOL, click “Select Receiving Token”, scroll and choose “Ethereum” as the mainnet, select the preferred token, and confirm the amount. Then click “Confirm” to complete the cross-chain transaction.

Interacting with Solana DApps on Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) Wallet

Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) Wallet offers convenient and secure interaction with various applications on the Solana blockchain. As an example, let’s use the notable Solana DEX, “Raydium”.

1. Click “DApp” on the Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) Wallet, enter “Raydium” in the search box, and click “Confirm” to access the DApp homepage. Then select “Launch App”.

2. Click “Connect Wallet”, select “Bitget Wallet (Previously Bitget Wallet (Previously BitKeep))” to link your wallet address, and then choose the preferred token and amount to swap.

3. Click the menu bar at the top left of the DApp homepage to access and explore additional features of Raydium, such as “Liquidity” and “Pools”.

In Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) Wallet, you can also engage with other popular applications in the Solana ecosystem, such as the liquidity staking platform Lido, the lending platform Solend, and the DEX application Orca. Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) is committed to supporting more applications and community activities on the Solana blockchain. We look forward to witnessing the thriving growth of the Solana ecosystem alongside all our community members!

Follow Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) to stay up-to-date with all of our latest events, findings, and promotions, and let Bitget Wallet (Previously Bitget Wallet (Previously BitKeep)) be your premier gateway into the Web3 space.

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