Whether you’re buying crypto, trading NFTs, or playing web3 games, one tool matters above all: your software wallet.
Software wallets are the key to engaging with all things blockchain. Some simply secure your crypto and NFTs, whilst others have features such as staking, exchange services to NFT galleries, reward mechanisms and more.
The past few years have been dominated by one wallet in particular, but in that time, many others have gained traction. What are the best software wallets of 2024? Here’s our picks.
#5 OKX Wallet
- Launch Date: December 2022
- Supported Blockchains: 80+ blockchains, including Ethereum, Ethereum Layer-2’s, and Solana
Originally created to support users of the OKX crypto exchange, OKX Wallet has plenty of features for both NFT and DeFi fans alike.
Alongside a straightforward interface for managing your digital assets, OKX Wallet is also connected to the OKX exchange, allowing users access to thousands of crypto tokens.
OKX Wallet is often one of the first wallets to incorporate the latest trends, such as support for Bitcoin Ordinals, BRC-20 staking, and support for Solana Blinks.
As its brand presence, cryptocurrency exchange and NFT marketplace continue to rise, we believe OKX Wallet is all set to do the same across 2024.
#4 Trust Wallet
- Launch Date: November 2017
- Supported Blockchains: 70+ blockchains, including Bitcoin, Ethereum, and Solana
Created by Viktor Radchenko in 2017, and acquired by Binance in July 2018, Trust Wallet has been a popular software wallet for years, thanks to its clean user interface and its wide blockchain support.
Due to its links to Binance, Trust Wallet has become a favourite of DeFi enthusiasts – though it has also picked up fans in the NFT community, with free in-app NFTs, learn-to-earn tools, and powerful data analytics.
Although its ties to Binance have led to some skepticism over its security and longevity, Trust Wallet is fully open-source, with the code available to view on GitHub.
With a growing feature set, and an increase in both crypto-focused and NFT-focused users, Trust Wallet is positioned well to continue its upward climb in 2024.
#3 Rainbow
- Launch Date: April 2019
- Supported Blockchains: 9, including Ethereum, Optimism and Base
The first truly independent wallet on this list, Rainbow is a non-custodial wallet that’s best known for Rainbow Points – allowing any Ethereum user to cash in on their historic Ethereum use.
Catering primarily to Ethereum and its Layer-2 solutions, Rainbow has gained a rabid following for its rewards, with over 30 ETH distributed to users of Rainbow to date.
Many have anticipated that Rainbow will launch their own token, similar to NFT marketplace Blur, though as of writing, there has been no word from the Rainbow team – though as loyal users do receive more Rainbow Points, there is hope that a token airdrop or other rewards could arrive in future.
As this speculation grows, Rainbow’s community has continued to grow too – and as the wallet is free-to-download, easy-to-use and lightweight, many are choosing to adopt it regardless.
#2 Phantom
- Launch Date: January 2021
- Supported Blockchains: Solana, Bitcoin, Ethereum, Polygon
The most popular Solana software wallet, Phantom has played a central role in the growing popularity of Solana NFTs and memecoins, alongside more recent Solana innovations and trends.
Phantom puts the user experience first, so there’s no surprise it’s the #1 wallet on Solana – even acquiring and incorporating the features of other upstart Solana wallets, such as Bitski.
On top of Solana, Phantom also supports Bitcoin, Ethereum and Polygon, and includes an NFT gallery, in-app token swaps and a dApp explorer, providing easy access to platforms such as Jupiter.
Solana has grown massively in 2024, and many of its newcomers have adopted Phantom. With interest in Solana continuing to simmer, there’s no doubt that the popularity of Phantom will continue to increase across 2024.
#1 MetaMask
- Launch Date: July 2016
- Supported Blockchains: Ethereum, and any ETH-based token (ERC-20, ERC-721 and more)
The most popular software wallet in the world – with over 30 million monthly active users – MetaMask is still the king of wallets, despite its increased competition.
Although its user experience may lag behind some of its challengers, it has a wide set of features, including an NFT gallery, a token bridge, Ethereum staking, and MetaMask Portfolio – a collection of tools giving experienced users more control of their assets.
Despite this, general feelings towards MetaMask are mixed. Though it is generally no more unsafe than traditional banking, it has long been a target of both hackers and decentralization-maxis, with some concerned about the scale of its authority in web3.
However, its developers Consensys are public defenders of web3, and often lead the way in consumer adoption. Consensys has a long history of defending web3 against the U.S. SEC, and MetaMask has recently partnered with Mastercard for a debit card, available to select UK and EU users.
Though OKX Wallet, Trust Wallet, Rainbow and Phantom are all growing, MetaMask is still the most popular software wallet in the world – though will it maintain its position in 2025? Only time will tell!
Riding crypto waves since 2012, bridging digital and physical worlds through prose.