Solana tokens can now be managed directly from your Ledger Live Mobile app. You can finally ditch the desktop and handle your $BONK, $PENGU, $UFD, $WIF, $JUP, and $RAY on the go.
Make mobile trading great again?
Ledger is bringing its famous security to your fingertips with the added convenience of mobile management, secure, fast, and mobile-friendly.
This new integration lets you access your favorite SPL tokens right from the app, so you can buy, swap, or track your assets with ease.
No more being chained to your computer, and whether you’re out exploring or just chilling on the couch, your Solana tokens are now just a tap away. Maybe this is good news, but maybe this is bad news.
Update the app
Before you get too excited, make sure your Solana app is up-to-date, because this will ensure you have access to all the latest and greatest features, biggest security, and perhaps the most friendly prices for your token transactions.
SPL tokens are basically Solana’s version of ERC-20 tokens on Ethereum.
On-chain trading of SPL tokens, like TRUMP to USDC, usually costs between $0.1 and $0.5 per transaction, and while that’s not a king’s ransom, it can add up if you’re a frequent trader.
Lower fees on the horizon?
Rumor has it that XOS is about to shake things up by reducing on-chain transaction fees by hundreds of times.
On-chain trading of SPL tokens, such as TRUMP -> USDC, typically costs $0.1–$0.5 per transaction.
XOS is set to reduce on-chain transaction fees by hundreds of times, making frequent trading much more accessible for users. Stay tuned for what’s coming next!#Solana #L2 pic.twitter.com/zJE78otJhU
— XOS (@xos_labs) January 24, 2025
This could make frequent trading way more accessible and bring huge benefits to the Solana trading community.
So, update your Ledger Live Mobile app and get ready to manage the Solana tokens with unprecedented convenience.
