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Cryptocurrency News Articles

Bitget Wallet Introduces Solana Account Rent Recovery Feature, Enhancing Capital Efficiency Within the Ecosystem

Mar 13, 2025 at 06:58 pm

San Salvador, El Salvador, 13 March, 2025 — Bitget Wallet, a leading Web3 non-custodial wallet, has introduced the Solana Account Rent Recovery feature

Bitget Wallet Introduces Solana Account Rent Recovery Feature, Enhancing Capital Efficiency Within the Ecosystem

San Salvador, El Salvador, March 13, 2025 — Bitget Wallet, a leading Web3 non-custodial wallet, has launched the Solana Account Rent Recovery feature, enabling users to easily reclaim their idle SOL assets. This new functionality enhances capital efficiency within the Solana ecosystem by helping users recover locked SOL rent from unused token and NFT accounts in just a few simple steps.

On the Solana network, every token and NFT requires a dedicated account, which locks up a certain amount of SOL as rent. When users no longer need these accounts, they can close them and reclaim the previously locked SOL. With Bitget Wallet’s Solana Rent Recovery feature, users can simply go to the “More” section on the homepage, where the system will automatically scan the user’s wallet address, displaying the total SOL that can be recovered and the accounts that are eligible for closure. Users can seamlessly switch between wallet addresses, confirm closures, and have the recovered SOL credited directly to their wallets.

Bitget Wallet continues to expand its Solana-related offerings. It was the first wallet to introduce Solana Limit Orders, allowing users to set up trades with preset buy or sell conditions, eliminating the need for constant market monitoring. Moreover, the Smart Money feature supports Solana, enabling users to follow the on-chain movements of influential traders and identify high-potential investment opportunities. These innovations align with Bitget Wallet’s broader goal to streamline Web3 interactions and provide users with powerful yet user-friendly tools for managing their crypto assets.

The broader cryptocurrency landscape is evolving rapidly, with increasing attention from major institutions on assets like Solana. Recent developments, including discussions around digital asset reserves, have highlighted Solana’s growing role in the global financial system.

“With the addition of Solana Account Rent Recovery, we are taking another step toward making crypto asset management more efficient and seamless,” said Alvin Kan, COO of Bitget Wallet. “As we continue to enhance our product offerings, we aim to provide users with a more seamless and enjoyable Web3 experience.”

For more details, please visit Bitget Wallet blog.

About Bitget Wallet

Bitget Wallet is the home of Web3, uniting endless possibilities in one non-custodized crypto wallet. Serving 60+ million users, it offers comprehensive onchain services: asset management, instant swaps, rewards, staking, trading tools, live market data, a DApp browser, an NFT marketplace and crypto payment. Supporting 100+ blockchains, 20,000+ DApps and 500,000+ tokens, it enables multi-chain trading across hundreds of DEXs and cross-chain bridges, along with a $300+ million protection fund for safety of users’ assets. Experience Bitget Wallet Lite to start a Web3 journey.

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Other articles published on Mar 19, 2025