The Robinhood Wallet, a self-custody app for iOS and Android, now supports Solana (SOL). This announcement on August 27 boosted Solana sentiment as prices neared $155. Although SOL price initially rose, it later fell along with the broader market. With this addition, the wallet opens up a new gateway to web3 for the fifth-largest cryptocurrency by market cap. The Solana ecosystem, with over $9.8 billion in total value locked and nearly 2 million active addresses, receives a significant boost. Robinhood Crypto's general manager, Johann Kerbrat, expressed excitement about the wallet's support for SOL and SLP tokens. The wallet also supports other major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin, as well as various tokens on different networks. Popular Solana wallets include Phantom, Solflare, and Torus, offering features like dApp connectivity, staking, and swaps. Read more AI-generated news on: https://app.chaingpt.org/news