Many people are familiar with Metamask, a part of the Ethereum blockchain, to trade currencies or other assets. It isn’t feasible to include Solana in MetaMask since MetaMask operates within the Ethereum blockchain. Solana (SOL) can only be described as a Solana cryptocurrency based on blockchain technology.
Several wallets within the Solana blockchain, such as Phantom, share similarities to MetaMask’s interface and support Solana cryptocurrency.
Solana is a “decentralized blockchain” created to enable global access to user-friendly applications. Solana is one of the “world’s fast blockchain” and the “fastest-growing crypto-based ecosystem” that is not subject to restrictions.
Also, the system will remain open to applications, and transactions will not be stopped. It is a native cryptocurrency called Solana (also known as SOL token, and is used as a “utility token.”
Can You Add Solana To MetaMask Wallet?
You cannot add Solana to the “MetaMask wallet” because the Solana token (SOL) is a Solana blockchain-based token, and MetaMask is based on the Ethereum blockchain.
It is possible that Metmask could incorporate other blockchains shortly. Phantom, On the contrary, is the most suitable option for users looking to utilize a wallet designed with the same look and feel as Metamask.
Steps to include Solana in Phantom Wallet:
- Go to https://phantom.appand click”Add to Chrome” or click the “Add to Chrome” button (Phantom wallet works with various browsers)
- If you have an existing account, choose “create new account” or select”secret” recovery or “secret word for recovery.” To establish a “new wallet, ” you must select “create an entirely brand new account.”
- Create the “copy of your personal phrase for recovery” and store it somewhere safe; never give it to anyone.
- Create a “password” followed by clicking “Finish” to close the process.
- On the Internet browser screen, click on”phantom icon “phantom icon.”
- For a secure transfer “Solana,” click the “send” or “receive” icon.
Is Solana an ERC20?
The answer is no. Solana (SOL) isn’t an ERC20 since the Solana token is located on the Solana blockchain, the unique token standard known as SPL. ERC20 is the standard for tokens that is on the Ethereum blockchain.
Metamask
Metamask is among the most frequently used non-custodial wallets because it can support a variety of blockchain networks and cryptocurrencies.
But, you cannot use native SOL since Metamask is incompatible with SOL. Solana Network.
It is not possible to connect or send native SOL to your Metamask wallet because the Solana network isn’t suitable for your Metamask wallet. Instead, you’ll be able to use SOL on a different network, for example, wrapped SOL on the BNB Smart Chain, Ethereum, Polygon, and Avalanche networks.
When you receive the deposit address of your Metamask wallet, the address will begin with the prefix “0x”.
The address you’re replicating is exactly the same regardless of whether or not you’re working with an Ethereum Mainnet network or Binance Smart Chain. However, if you’re using Harmony ONE, the Harmony ONE network, it is necessary to convert it into an address compatible with Harmony.
A few platforms, such as Binance, allow users to withdraw Solana by using several networks.
Transferring the Metamask URL to Binance will eliminate SOL’s original Solana network from any possible networks you could use to take out SOL.
In addition, you can only withdraw funds to EVM-compatible networks like for the BNB smart Chain.
Therefore, you won’t be unable to transmit the native SOL to Metamask through Solana. Solana network. This is due to Solana does not function as an EVM-compatible network.
Which are Alternatives to Send SOL Metamask?
To transfer SOL into your Metamask wallet, you’ll be required to transfer SOL that is available on various networks, including packaged SOL and wrapped SOL that is with Ethereum, Polygon, Avalanche, and the BNB Smart Chain.
They are also referred to as wrap versions of SOL. They are similar to how they have wrapped variants of BTC that you can use to transfer funds directly to Metamask wallets. Metamask money-changer.
It is possible to send an encrypted SOL to Metamask on various networks, such as:
- BNB Smart Chain
- Ethereum
- Polygon
- Avalanche
If you’ve not added these websites on the wallet of your Metamask wallet, here’s how to do it:
You cannot connect the original SOL token to your Metamask wallet because the Solana network isn’t compatible with EVM. Instead, you can use the wrapper SOL to Metamask on EVM-compliant networks such as BNB Smart Chain or Ethereum.
To include wrapped SOL, Here is what you’ll have to follow:
- Pick the correct network from Metamask
- Copy the address of the contract for wrapped SOL specifically for that particular network
- Navigate to the “Import Custom Token’ field and paste the address of your contract
You can see the contract addresses available for each network on CoinMarketCap.
Do I transfer SOL via the Phantom Wallet to Metamask?
It is not possible to transfer SOL straight from the Phantom Wallet to Metamask, and this is because Phantom only stores native SOL, and Metamask cannot receive native SOL since it’s not EMV-compatible.
To resolve this issue, you’ll have to connect a bridge to transfer SOL out of Solana to the Solana system to an EVM-compatible network.
Metamask is only compatible with EVM networks. The deposit address will typically begin beginning with “0x”.
However, the Phantom Wallet will only support the native Solana network. This means that the deposit address won’t have an initial prefix of “0x “.
If you transfer SOL direct through Phantom to Metamask your account, the money could get lost!
Instead, you’ll require a blockchain bridge like Portal Bridge.
Connect to your Phantom Wallet, and select the bridging option between Solana towards Ethereum.
In addition to Ethereum, You can connect SOL with other compatible EVM networks, like AVAX, BNB Smart Chain, and Polygon.
What other options are there to save the native SOL?
To save native SOL, you can transfer it to other wallets compatible with Solana. Solana network, such as:
- Trust Wallet
- Phantom Wallet
- Exodus
- Atomic Wallet
You can also make use of Ledger Nano instead. Ledger Nano to keep SOL and protect yourself with the hardware wallet.
Best Solana Wallet
Here is the list of the 10 best solana wallet :
Solflare Wallet
Solflare is a simple online wallet to install and has excellent security features when used with Solflare’s Ledger wallet. SolFlare is among the most secure wallets on mobile and desktop devices. It also comes with an excellent browser extension.
It’s perfect for swapping, staking, storing, and sending SOL, which is adaptable to Solana and is considered an “all-in-one” alternative to investing in crypto. It’s also a great option for those just learning about crypto or searching for a new, simpler, less complicated secure, non-custodial, accessible NFT access.
As with the Phantom wallet, the SolFlare wallet is another great alternative to the Ledger NanoX hardware wallet. One of the most impressive attributes of SolFlare is the fact that it has the ability to access your money throughout the day and has the possibility of investing in the visual and audio NFT.
Collect
The wallet on the web is simple to open and access to manage SOL and can be connected directly to Ledger Nano X, a hardware-based wallet. Since it’s online, it’s accessible from any location, making it appealing to a few users, but there’s an increased security risk because of this.
Sollet is a good alternative on its own. Sollet can be used to swap across SPL tokens and SQL; however, it’s not recommended to use it for directly accessing Solana DApps that do not have using the Ledger physical wallet. This is because of possible problems in Sollet’s Sollet browser plugin. However, the integration of Sollet and Ledger is the best option and is the perfect integration with Solana to perform different transactions.
Solong Wallet
If you’re looking for a wallet that doesn’t need a lot of effort to set up and is not familiar with cryptocurrency, Solong is a great alternative for those who are just beginning. Solong comes as an extension that is simple to install on Edge or Google Chrome browsers. It’s an easy method of storing Solana coins and tokens while permitting connection to various DApps available from Solana.
The Solong wallet might not have all the features you’re searching for. But once you’re acquainted with SOL and trading in cryptocurrency, It’s an excellent starting point if you’re looking for an easy method to access Solana currency and reap the benefits of a speedy, effective blockchain.
The Ledger NanoX Hardware Wallet (plus Solflare or Phantom Wallet)
The Ledger NanoX Hardware wallet is one of the best cryptocurrency wallets you can install, and it’s simple to operate, making it very popular. It’s an excellent alternative to store your Solana crypto money safely and allows you to use DApps that are built on this blockchain to get rewards.
It’s one of the most simple to set up, and you’ll be able to find the Ledger Live application, a great feature that allows connections with both the Ledger Nano X via the table Manager. It also makes installing the Solana application easier and is accessible through the catalog of apps.
It is possible to create the SolFlare wallet for the Ledger Nano X with two steps, as you implement security features, permitting you to send the funds, receive them and store SOL currency. The staking tab of the wallet gives access to a database of validators, so you can study stake amounts, skip blocks, numbers of delegations, and the websites for the validators.
Although the Ledger NanoX price is slightly higher than the other cryptocurrency wallets that work with Solana, it’s well worth the security and keeps your SOL secure. It’s among the safest hardware wallets that can be used for staking NFTs, Defi, and NFTs and has access to many options not available with other wallets.
Accessory Options to Ledger Nano X, a Hardware-based Wallet
The Ledger NanoX wallet is among the more secure cryptocurrency wallets, although adding some security may improve the hardware’s internal security system by enabling the recovery Phrase option. If you want to enhance your Ledger’s security, it is possible to add the Billfold and a Cryptosteel Capsule.
The Billfold is made of stainless steel, making it resistant to fire and rust, and can stand up to 1 million voltages. The Cryptosteel Capsule, too, is constructed of stainless steel, which is water-proof and fireproof. Both options strengthen the security of your Ledger physical wallet.
Math Wallet
This feature is compatible with mobile and desktop browsers and can be used in conjunction with extensions. Math Wallet can be used with more than twenty blockchains and allows users to switch between the different ones so that transactions and processing are simple. This digital wallet supports Android and iOS and can also be used with a Google Chrome extension.
You can browse and connect to a myriad of DEXes and exchanges that are decentralized. Connect to Solana DApps and utilize Ledger hardware using Google Chrome. Google Chrome extension option.
Exodus Wallet
If you’re searching for a multicurrency wallet with SOL, Exodus is an excellent choice. It is compatible with various platforms and devices such as Linus, Mac, Windows, iOS, and Android. It lets you stake Solana, which allows you to earn a passive income of around six percent annually, but does not offer a broad selection of validators which hampers the decentralization.
SOL cryptocurrency can be swiftly sent and received via Exodus wallet. Exodus wallet. It’s a versatile wallet that you should consider if looking to invest in SOL and other currencies to trade or send crypto money.
FAQs
Can you buy Solana NFTs with MetaMask?
You can buy Solana NFTs with MetaMask. However, you will need to first create an account on the Solana platform and deposit ETH into it. Once you have done this, you can start buying and selling NFTs on the platform.
Do I transfer SOL via the Phantom Wallet to Metamask?
It is not possible to transfer SOL straight from the Phantom Wallet to Metamask, and this is because Phantom only stores native SOL, and Metamask cannot receive native SOL since it’s not EMV-compatible.
Which wallet supports Solana?
Some of the most popular wallets include Bitcoin Core, Exodus, Jaxx, and MyEtherWallet. So whether you’re looking for a desktop or mobile wallet, check out Solana’s options!
How do you send Solana from Binance to MetaMask?
If you want to send Solana from Binance to MetaMask, there are a few steps you need to take:
- Find your Binance account ID.
- Go to the “Send” section and select “Solana.”
- Enter your MetaMask wallet address and hit “continue.
Conclusion
It is impossible to transfer and add the native SOL to your Metamask wallet because Metamask does not work with the Solana network.
It is possible to transmit other SOL variations within those networks: BNB Smart Chain, ERC20, Polygon, or Avalanche networks!
After you have added and received your tokens into the Metamask account, you could look into making use of DEX, which is a decentralized exchange (DEX) aggregator, such as:
- Krystal
- 1inch
Because each platform is DeFi aggregates, they can ensure that you receive the most competitive rates for any swaps you decide to make!