Hardware manufacturer Ledger releases Solana-branded non-custodial wallet

Hardware manufacturer Ledger has launched a Solana-specific version of its latest Ledger Flex device. The touchscreen wallet will be preloaded with a soulbound token that could yield future rewards, according to an announcement on Thursday.

Ledger introduced its latest flagship noncustodial Flex series wallets in the summer of 2024, around the time of its tenth anniversary. It later rolled out a Bitcoin-branded version of the wallet and donated a portion of its proceeds to Bitcoin-related causes.

Unveiled at the Solana Accelerate conference in New York City on Thursday, the latest device highlights the Solana network’s growing role in the broader crypto ecosystem. The network and community took a serious beating following the collapse of FTX and the exchange’s founder, Sam Bankman-Fried, who was closely associated with its adoption. However, beginning last year, the Solana network has seen a tremendous rebound, largely due to the uptick of consumer-friendly applications that live on the blockchain. 

“We’re thrilled to see the Solana community get a device made just for them, with the security and design that Ledger is known for," Solana Foundation Executive Director Dan Albert told The Block. “The Soulbound Token is a unique touch — it’s more than just proof of ownership, it’s a passport to future rewards and experiences across Solana."

Like Ledger’s other products, this latest green and purple Solana-variant will be a general-purpose crypto wallet capable of supporting networks including Bitcoin, Ethereum, and Polygon. However, it does introduce features meant to expand compatibility with the Solana ecosystem. For example, Ledger's Solana wallet now supports secure storage and transaction capabilities for Solana-native SPL tokens and the ability to consolidate SPL tokens with other digital assets more easily. 

“As Solana continues its exponential growth, driven by its incredible community, security cannot be an afterthought,” Ian Rogers, Ledger's chief experience officer, said in a statement.