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Binance incorporates Web3 Wallet with Solana Network Integration.

March 15, 2024
2 Min Reads

We are excited to announce the integration of the Solana network with our Binance Web3 Wallet. Binance is the premier blockchain ecosystem that powers the largest cryptocurrency exchange in the world based on trade volume. With this eagerly awaited integration, Binance Web3 Wallet has received an update that further demonstrates the company's dedication to improving user experience and expanding Web3's accessibility.

The Solana network integration highlights Binance's goal of transforming its Web3 Wallet into an all-inclusive multi-chain, self-custodial wallet that can meet the ever-widening range of Web3 demands from users. Users will now be able to access a greater variety of blockchain networks, such as those built on top of the Bitcoin, EVM, and Cosmos networks, thanks to the integration.

 

Users of the Binance Web3 Wallet can now transfer, receive, and trade tokens on the Solana network more conveniently. Additionally, they have access to a variety of decentralized apps (dApps) built on Solana. Ten dApps with a Solana basis have been added to the Binance Web3 Wallet today: Orca, PsyOptions, Raydium, Drift, Dual Finance, Jito, Jupiter, Magic Eden, MarginFi, and Jupiter. The ease of access to various dApps through the Binance Web3 Wallet interface greatly increases the number of chances that users have to engage, develop, and innovate within the Solana ecosystem. Over time, more dApps will be gradually added.

 

The introduction of our brand-new "dApp Hub" enhances the integration deployment that took place today even further. The integration of all popular dApps into a single tab is the main feature of this revolutionary UI redesign, which makes it easy and secure for users to discover and engage with popular dApps. User accessibility is improved by the streamlined style and functionality, which offer a practical one-stop shop to discover the world of dApps.

As part of its ongoing effort to improve the Binance Web3 Wallet and give its users worldwide the best value, Binance has integrated the Solana network. Binance has launched and improved the Web3 Wallet multiple times in the last two months alone. Notable improvements consist of:

the introduction of the Binance Inscriptions Marketplace, which permits inscription trade and minting;

-launch of an inscriptions accelerator to cut down on transaction wait times, driven by our bitcoin transaction accelerator;
-support for ERC-404 tokens has been added, expanding the variety of tokens that our users can interact with;
-integration of multiple networks, including zkFair, Metis, Blast, Manta, ZetaChain, Scroll, and Metis, giving a variety of functions to our wallet;
-expansion of the number of dApps connected into the platform—24 dApps were added in February alone—improving the services available to consumers.

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