Solflare vs Jupiter vs Backpack vs Phantom: quick comparison
| Solflare | Jupiter wallet | Backpack | Phantom | |
|---|---|---|---|---|
| Wallet fee on in-wallet swaps | No Solflare fee stated; network and DEX fees shown in preview | 0% to 0.5% by pair (mobile) | As low as 0% if you hold BP; baseline not published | 0.85% on most swaps |
| Apps | iOS, Android, browser extension | iOS, Android, extension (Chrome, Brave, Arc, Edge, Opera; no Firefox) | iOS, Android, browser extension | iOS, Android, browser extension |
| Chains | Solana only | Solana only. The extension takes deposits from 6 other chains, which arrive as USDC | 15+ networks | Solana plus 8 others |
| Hardware wallets | Ledger, Keystone, plus its own Shield card (from $49) | Ledger, Keystone, Trezor on the extension; Bluetooth Ledger on mobile | Ledger, Trezor, Keystone | Ledger only (not Nano Gen5) |
| SOL staking | Native | Jupiter’s own validator (native or JupSOL) | Native and liquid (bpSOL) | Native |
| Good fit for | Most Solana users, cheap cold storage, long-term stakers | Active traders | Multichain users, Backpack’s tokenized stocks, Trezor or Keystone owners | Bitcoin plus Solana in one app |
If you don’t have a wallet yet, pick one from this table, create a Solana wallet step by step, then buy some SOL to fund it. New to all of this? Start with what Solana actually is, and our Solana Academy covers the rest of the basics in order.
Solflare wallet: my top pick for Solana (Shield from $49)
Solflare is the one I’d pick for most people now. It’s built only for Solana, so there’s no Ethereum or BNB Chain in there. If Solana is all you use, you won’t miss them, and the app stays simpler for it.
Swaps inside Solflare use smart order routing across the main Solana DEXes. Solflare says there are no hidden platform fees: you pay the Solana network fee (usually under $0.01) and a DEX trading fee, and the swap preview shows exactly what you pay. On a big swap, compare its quote with Jupiter’s for the same pair and size anyway.
The other reason to pick it is Solflare Shield, a debit-card sized NFC card with an EAL6+ certified chip. You tap it on your phone to sign. There’s no screen and no battery. Prices on 7 October 2026:
| Shield card | US price | EU shop price |
|---|---|---|
| Origin (single card) | $49 | €44 |
| Origin Duo (two cards) | $69 | €64 |
| Signature (creator designs) | $59 | Check the shop |
| Unique (your own artwork) | $79 | Check the shop |
All versions have the same security, only the design differs. Solflare also works with Ledger and Keystone.
The catch with Shield is the missing screen: you check what you’re signing on your phone. For a stash you rarely touch, that’s a fair trade at $49. If I were signing big transactions every day, I’d want a device with its own screen.
Jupiter wallet: the pick for active traders
Jupiter’s wallet is Jupiter Mobile plus a browser extension: a self-custody Solana wallet with Jupiter’s swaps, limit orders and perps built in, at 0% to 0.5% per swap depending on the pair. If you trade, it’s obviously great. Jupiter Sync puts the same wallet on your phone and in your browser, so there’s no second seed phrase to look after.
What you get inside the app:
- Jupiter’s swaps, limit orders, recurring orders, perps, predictions and lending on Solana
- A Markets tab with tokens, tokenized stocks and commodities
- Radar push alerts for swaps, limit and recurring order fills, and sends
- A dApp browser for the rest of Solana
- Clean Account, which closes unused token accounts and gives you the SOL back (here’s how Solana token accounts work)
If you set limit orders on meme coins, the fill alerts are the bit that saves you from staring at a chart all day.
Jupiter Mobile needs iOS 17 or Android 9 or later, and it’s also on the Seeker dApp store. The extension runs on Chrome, Brave, Arc, Edge and Opera, not Firefox.
Jupiter Mobile publishes its own swap fee, set by the pair:
| Pair in Jupiter Mobile | Fee |
|---|---|
| Stablecoin to stablecoin, LST to LST | 0% |
| SOL or stablecoin to JUP, JLP or jupSOL | 0% |
| SOL or LST to or from a stablecoin | 0.1% |
| Bluechip token to or from any token | 0.1% |
| All other pairs | 0.2% |
| Tokens under 24 hours old | 0.5% |
Limit and recurring orders cost 0.1% flat, and sends are free apart from the network fee. Swaps on the extension route through Jupiter Ultra at 0% to 0.5% depending on the pair. The full schedule is in Jupiter Mobile’s FAQ. Even the 0.5% top rate is under Phantom’s 0.85%, but flip day-old coins all week and it still adds up.
The wallet itself only holds Solana. The extension gives you deposit addresses on Ethereum, Base, Arbitrum, Sui, BNB Chain and Robinhood Chain, and those deposits land as USDC on Solana. On mobile, cross-chain deposits are listed from Base, Arbitrum and Sui. For anything other than USDC, our guide to bridging from Base covers the route.
For hardware, the extension takes Ledger, Keystone and Trezor. The mobile app only pairs with a Bluetooth Ledger, one at a time. Our Jupiter walkthrough covers the rest of Jupiter’s products.
Backpack wallet: the pick for multichain and tokenized stocks
Backpack is a self-custody wallet covering 15+ networks, including Ethereum, Base, Arbitrum, Optimism, Polygon, BNB Chain, Sui, Aptos, Monad, Sei, Plasma, HyperEVM and Berachain. Arbitrum, Optimism, Sui and Monad aren’t on Phantom at all. It also pairs with Ledger, Trezor and Keystone, so if you own a Trezor you don’t need to buy a Ledger just for Solana.
Backpack is good, and the on-chain stocks are the part I rate most. On 10 September 2026 it added 20 more tokenized stocks on Solana that you trade straight from the wallet. You can hold them in Solflare, Phantom and Jupiter too, but through Backpack each one in that batch converts 1:1 with the real share via Backpack Exchange. Availability can depend on where you live, so check your region in the app before you buy.
I also rate how BP has taken off since it launched on 23 March 2026, because the token actually does things in the wallet. Holding BP can bring your swap and bridge fees down (more on that below). Stake it for at least a year and you earn the right to swap it for Backpack company equity.
The catch: that only pays out at an IPO or acquisition, and there’s no exchange ratio yet. Base equity unlocks after a year of staking, and a bonus builds daily through year 4. The pool is up to 20% of the company, shared across all stakers. Stakers also get priority allocation of shares at the IPO price, based on how long and how much you’ve staked, plus how much you use Backpack’s products.
Backpack stakes SOL natively, with a 1.00167 SOL minimum, or through its liquid staking token, bpSOL. It also has real-time scam detection built in.
Backpack’s swap and bridge fees: 0% or up to 0.85%?
Plan on up to 0.85% for bridges and an unknown fee on swaps unless you hold BP, and check the “Backpack Fee” line on the confirm screen before you sign either. Backpack’s March launch post promised zero wallet fees on swaps and bridges. Its BP page now says holding BP in Backpack Wallet unlocks swap fees “as low as 0%”, so 0% isn’t for everyone, and the rate without BP isn’t published. For bridges, Backpack lists fees from 0.85% down to 0% by BP tier, with VIP at 0%. Gas on both chains and the bridge protocol’s own fee come on top either way.
Phantom wallet: why I’ve gone off it (0.85% swap fee)
Phantom is a self-custody wallet for Solana and eight other networks, including Bitcoin, and it takes 0.85% on most swaps made inside the wallet. It’s the one I’ve gone off most. It feels slower to me now, and that 0.85% is the highest published fee of the four, which adds up pretty quick if you’re flipping meme coins. It’s still a solid wallet. It’s just at the bottom of my list.
There’s one big exception to the fee: swapping USDC, USDT, USDG or PYUSD into your Phantom Cash account is free (more on Solana stablecoins if those names are new). Network fees and price impact come on top, and on cross-chain swaps the bridge provider’s fee is folded into the price impact figure.
What Phantom still does well is the check before you sign. Transaction previews show what you’re about to approve and flag anything suspicious, and a blocklist warns you before you interact with known malicious sites.
As of 7 October 2026, Phantom supports nine networks: Solana, Ethereum, Bitcoin, Base, Polygon, BNB Chain, HyperEVM, Robinhood Chain and Arc. Arbitrum and Optimism aren’t supported. Phantom ended Monad support on 26 August 2026 and Sui support on 24 September 2026. Your Sui or Monad assets are still on those blockchains, so you can open them in any wallet that supports them.
For hardware, Phantom works with Ledger only: the Nano S, Nano S Plus, Stax and Flex on the extension, and the Nano X, Stax and Flex over Bluetooth on mobile. The newer Nano Gen5 isn’t supported, and neither is any Trezor or Tangem model.
Sticking with Phantom anyway? Here’s moving SOL from Coinbase into Phantom.
What a swap costs in each Solana wallet
On a $1,000 swap of a regular token, Phantom takes $8.50 and Jupiter Mobile takes $2. Solflare states no fee of its own. Backpack can be $0 if you hold BP, but it doesn’t publish the rate without BP.
| In-wallet swap size | Phantom (0.85%) | Jupiter Mobile (0.2%, all other pairs) | Backpack | Solflare |
|---|---|---|---|---|
| $100 | $0.85 | $0.20 | As low as $0 with BP; baseline not published | No Solflare fee stated |
| $1,000 | $8.50 | $2 | As low as $0 with BP; baseline not published | No Solflare fee stated |
| $10,000 | $85 | $20 | As low as $0 with BP; baseline not published | No Solflare fee stated |
Network fees, DEX or pool fees and price impact apply to all four on top of this.
The wallet fee only applies in the wallet’s own swap tab. When you connect a wallet to Jupiter, Meteora or a trading terminal, the wallet just signs and you pay that app’s fees instead. On jup.ag, Ultra mode takes 0% to 0.5% depending on the pair, and manual mode takes no Jupiter commission.
Swap on an aggregator, sign with the wallet, and the wallet fee question mostly goes away. Our comparison of aggregators vs going direct shows where to swap, and the swapping basics are there if it’s your first time.
Best Solana wallet for meme coins, staking, LPing and more
Best Solana wallet for meme coins
Jupiter’s wallet, if you buy inside the wallet: the fee is published (0.2% on most pairs, 0.5% on tokens under a day old), and you get limit orders and fill alerts. Backpack can be cheaper if you hold BP, since BP holders get swap fees as low as 0%, but without BP the rate isn’t published, so check the fee line. Phantom’s 0.85% is the highest published fee, and it hits on the way in and the way out, so ten $100 round trips cost $17 in Phantom fees alone.
Honestly, where you swap matters more than the wallet. If you buy at launch, you’re usually on the launchpad’s own site anyway, where no wallet fee applies. Before you pick one, compare the main launchpads. Most of these coins go to zero, so read our memecoin basics before you size anything.
Best Solana wallet for trading and copy trading
Jupiter’s wallet for trading: limit orders, recurring orders and perps sit in the same app as your balance. For copy trading, the wallet app matters less than the tool, since most copy tools either connect your wallet or give you their own. If you trade from a terminal like Axiom, the wallet mostly just signs, so its swap fee doesn’t come into it.
Many Telegram bots skip your wallet entirely and generate one inside the bot, as our Trojan bot review shows. The bot can sign for you, so you’re trusting it with whatever sits in there. I’d keep only what you’re actively trading in a bot wallet, move profits out to a wallet you control, and back up the bot’s key straight away.
Searching for a Solana wallet tracker rather than a wallet app? That’s a different tool: it watches other people’s addresses and shows you what they buy and sell. GMGN tracks smart money wallets this way, and our GMGN review shows how. Browse our trading bot reviews and comparisons for more, or our copy-trading tools for Meteora LP wallets. Copying loses too when the wallet you follow loses.
Best Solana wallet for staking
Solflare, if you want staked SOL on cold storage with the $49 Shield card. Otherwise stay where you are: Solflare, Backpack and Phantom all stake SOL natively, and Jupiter runs its own validator with a native or JupSOL option. Our SOL staking walkthrough covers how Solana validators work and choosing one, and liquid staking tokens keep staked SOL usable in DeFi.
Best Solana wallet for Meteora LPs
For a new LP, I’d go with Solflare, though any of the four works with Meteora. You open and close DLMM positions on Meteora’s site, so the swap-tab fee doesn’t come into it.
I LP on Meteora DLMM, and on brand new pools you sign a lot of transactions, fast. Keep size small on new pools. When a coin bounces after dumping through your range, that bounce is often your chance to close. Hesitate and the next leg down can take the rest. A wallet that lags, or a signing screen you have to squint at, costs you that window.
Only put in the SOL you plan to LP. I post my losses as well as my wins on X, and losses on brand new pools come fast. A separate LP wallet keeps a bad day away from your savings. Our Meteora DLMM beginner guide explains bins and positions, and the rest of our Meteora coverage goes into strategies.
Best Solana wallet for airdrop farming
Use a burner. Phantom’s scam-site warnings make it a reasonable one if you still have it installed, and Backpack’s scam detection does a similar job. Claim pages are where the fakes live, and one bad signature can empty everything the connected wallet holds. Never connect a wallet holding staked SOL or open LP positions to a site you reached through a reply, a DM or a search ad.
Learn to spot fake claim pages before you connect anything, and see the airdrops we’re tracking for live campaigns.
Best hardware (cold) wallet for Solana
Ledger, as long as you check your model against your wallet first. Phantom won’t take the Nano Gen5, any Trezor or any Tangem. Backpack and Jupiter’s extension take Trezor and Keystone as well as Ledger, and Solflare takes Ledger and Keystone. Solflare’s Shield is the cheapest route at $49, with no screen.
Best cold wallet for Solana meme coins? Any of these is fine for coins you plan to hold. Trading from one is a pain, though, because confirming every trade on a device is slow. Trade from a hot wallet and move what you’re keeping to cold storage.
Best Solana wallet app for iPhone and Android
Solflare for most people, Jupiter Mobile if you trade. Jupiter Mobile needs iOS 17 or Android 9 or later and only pairs with Bluetooth Ledgers. Phantom’s mobile app also needs a Bluetooth Ledger (Nano X, Stax or Flex), so a Nano S Plus only works with its extension.
Best multichain wallet for Solana
Backpack, if you need chains Phantom doesn’t cover, such as Arbitrum, Optimism, Sui or Monad. Check the Backpack Fee line on every bridge. Our guide to bridging USDT over covers the most common move, and here’s how to bridge to Solana safely from any other network.
Other Solana wallets: MetaMask, Trust Wallet, Exodus, Ledger Wallet
- MetaMask: Solana accounts on the extension and mobile app since July 2025, but its hardware wallet accounts are still EVM-only, so no Ledger for Solana there yet. Fine if Ethereum is home and Solana is a side trip (how the two chains differ).
- Trust Wallet: holds SOL and stakes it, with a 1 SOL minimum.
- Exodus: holds and stakes SOL in its mobile, desktop and Web3 Wallet apps, with a 1 SOL minimum.
- Ledger Wallet (formerly Ledger Live): holds and stakes SOL. Pair your Ledger with Solflare, Jupiter or Backpack to use Solana DeFi.
Which Solana wallet should you use? My pick
- Most Solana users and beginners: Solflare. It’s simple, the preview shows what every swap costs, and the Shield card is there when you want cold storage. Our beginners’ hub takes you from there.
- Active traders: Jupiter’s wallet, for limit orders, perps and Jupiter Sync between phone and browser.
- Multichain users, Backpack’s tokenized stocks, Trezor or Keystone owners: Backpack. Check the fee line before you swap or bridge.
- Bitcoin alongside Solana in one app: Phantom, but skip its swap tab.
- Meteora LPs: Solflare as a separate LP wallet, with savings kept elsewhere.
Most active users run more than one: a main wallet on hardware for savings and staking, a daily wallet for LPing and trading, and a burner for new airdrop sites. Accounts under one recovery phrase share that phrase, so if it leaks, they all go. Separate wallets with their own phrases are the cleaner firewall. Write each phrase down offline, check odd past transactions on a Solana block explorer, and work through our wallet security checklist once.
FAQ
Is Solflare safe?
Yes, for most people, as long as your recovery phrase stays offline. Solflare is non-custodial, so it never has access to your seed phrase or funds. It simulates transactions before you sign and flags suspicious ones. The real risks are the same as with any wallet: approving a bad transaction or leaking your recovery phrase.
Solflare vs Phantom: which is better?
Solflare, for most Solana users. Phantom takes 0.85% on most in-wallet swaps, while Solflare states no platform fee of its own, so you pay the network and DEX fees shown in the preview. Solflare’s $49 Shield card is also the cheapest way into cold storage. Phantom only wins if you want Bitcoin and Solana in one app.
Solflare vs Jupiter wallet: which is better?
Solflare for holding and staking, Jupiter’s wallet for trading. Jupiter puts limit orders, recurring orders, perps and fill alerts in the app at 0% to 0.5% per swap, while Solflare is simpler and has the Shield card for cold storage.
Can I switch from Phantom to Solflare without moving my funds?
Yes. In Solflare, go to Add wallet, then Import existing wallets, then Recovery phrase, and enter your Phantom phrase. Solflare scans for funded accounts and lets you import all of them or pick. Your funds never move, because both apps read the same addresses on Solana. Do it only in the official app, never on a website.
Does Phantom wallet require KYC?
Not for the wallet. You can use Phantom and its on-chain Phantom Cash features without an ID check. Only off-chain Cash features, like virtual accounts, direct deposit and the debit card, ask for one.
Do I need a hardware wallet for Solana?
Not to start. Once you hold more than you’d be comfortable losing to one bad signature, move your savings to a Ledger, Keystone or Shield-protected account and keep trading and LPing from a hot wallet. Shield is the cheapest way in at $49.
