Solflare vs Brave | Best Crypto Wallet For Solana And Beyond?
Jack Moreau
Feb 2024
10 min read
Fact checked
We have done a comprehensive comparison between the non-custodial Solflare Wallet vs Brave Wallet to help you make a well-informed decision. We have considered various factors such as user experience, supported blockchains, number of cryptocurrencies, security and much more!
Solflare and Brave Wallet are two different digital wallets that provide users with secure and convenient ways to store and manage their crypto assets. Solflare was founded in 2020 by a small team of 10 people and was design to serve solely the Solana blockchain.
Solflare is available on as a browser extension wallet where it has accumulated over 200,000 users with a review of 4 stars based on 50 reviews. Solflare Wallet is also available on Andrioid and IOS and has 100,000 downloads on Android with a 4.9 rating and 3,000 reviews.
Brave Wallet was founded in 2021 and is based in San Francisco with a big team of over 200 employees. It has over 1 million downloads and a 4 star rating based on 100 reviews.
While wallets provide users with secure ways to store and manage their crypto assets, Brave Wallet is only available within the Brave Browser. This means that the only way that you can use the Brave Wallet is by also first downloading the Brave Browser.
Solflare vs Brave Wallet: User Experience
Solflare wallet offers a basic but functional user experience for the Solana ecosystem. It is non-custodial and does not require KYC. It is available as a browser extension for Chrome and Brave browsers. The user interface is simple and designed for easy navigation.
Brave Wallet offers a basic but user-friendly interface for the EVM-based blockchains like Ethereum and Avalanche as well as support for the Solana ecosystem. Similar to Solflare Wallet, Brave Wallet is also non-custodial and does not require KYC verification to get started.
It is available as a browser extension for Chrome, Brave, Firefox, Edge browser, and is also available on devices for Windows, MacOS and Linux. The design is too basic and slightly boring, but it is easy to use and navigate.
Unlikey Solflare, Brave Wallet does over a portfolio view which is a nice way to gain a wider overview of all the services offered by Brave in a wider format.
Solflare vs Brave Wallet: Product Features
Solflare and Brave Wallet are two popular cryptocurrency wallets offering a range of features. Solflare has an in-app DEX connected to aggregators like Jupiter on Solana with a 0.40% swap fee and reduced to 0% by staking 10000 SLRS.
Solflare wallet also has additional features such as support for NFTs and the ability to stake digital assets such as Solana (SOL) in order to earn staking rewards.
Brave Wallet has an in-app DEX connected to exchanges like 1inch and Matcha, with 1% fees on all swaps. Similar to Solflare Wallet, Brave Wallet also supports NFTs but does currently not offer an option to earn staking rewards.
And while Solflare users can buy crypto with fiat currencies via MoonPay, Brave Wallet users can buy crypto in the wallet with fiat via Coinbase Pay, Ramp.Network, Sardine and Transak.
Solflare is a wallet that supports only tokens on the Solana blockchain, including SPL tokens, USDT, USDC and USDH. It offers Ledger integration for secure hardware wallet support.
On the other hand, Brave Wallet allows users to store 1000s of cryptocurrencies, including USDT on Ethereum, Solana, Polygon, Avalanche and Optimism. It also supports USDC on Ethereum, Polygon, Solana, BSC and Aurora and offers hardware wallet support for Trezor and Ledger.
Solflare vs Brave Wallet: Security
Brave Wallet and Solflare are two of the most secure wallets available, both offering advanced security measures. Brave is fully open source and non-custodial, with a bug bounty program on HackerOne, and phishing intelligence built directly into the browser.
Solflare is partly open source, and also non-custodial. It has been audited by Certik and Halborn, and has anti-phishing technology. Both wallets have strong security measures in place to keep your funds safe.
Solflare vs Brave Wallet: Conclusion
Solflare Wallet has made significant strides in becoming a go-to for users within the Solana ecosystem by reaching 200,000 browser users and gaining a high rating of 4.7 on Android.
It's this dedication to Solana that provides users a tailored experience, particularly evident in its integration with Solana-specific DeFi exchanges like Jupiter.
However, its appeal is somewhat niche as it predominantly serves Solana users but also because the wallet has not seen much development as of late.
On the flip side, Brave Wallet leverages it's own Brave Browser to allow for a seamless wallet access to it's users. Unlikely Solflare, Brave Wallet is only available through the Brave Browser and not available on Android.
Unlike Solflare, Brave Wallet is not just restricted to one blockchain but instead if available on all EVM-based blockchains and Solana.
Both wallets offer features such as swap of cryptocurrencies, the ability to buy and sell cryptocurrencies with fiat currencies and support for NFTs.
If you only plan to use the Solana ecosystem and prefer to use an Android or IOS app, then only Solflare can satisfy those needs.
If you however also want to access the Ethereum ecosystem, that's not possible with Solflare Wallet but only with Brave Wallet.
Jack is a crypto writer and reviewer who has been active in the space since he caught the crypto bug in 2017. With a passion for trying out new shiny things, Jack is always eager to try the latest cryptocurrency exchanges, wallets or DeFi applications.