Phantom vs Solflare: Which Solana Wallet Fits Your Needs?
Phantom vs Solflare compared on supported networks, hardware wallet support, swap fees, and security disclosures to help you choose the right Solana wallet.
Updated July 2026 · Reviewed by the PipeFlare team
Phantom and Solflare differ primarily in network scope, hardware wallet connectivity, and published security disclosures. Phantom operates as a self-custodial wallet across eight distinct blockchain networks, while Solflare concentrates exclusively on the Solana network and its associated applications. Choosing between Phantom and Solflare depends on whether you manage assets across multiple blockchains or focus entirely on Solana decentralized applications (dApps). Both wallets are free to download, operate without custodial intermediaries, and require you to safeguard your own secret recovery phrase. Phantom officially supports Solana, Ethereum, Base, Polygon, Robinhood Chain, Bitcoin (Native SegWit and Taproot), HyperEVM, and Sui. Solflare documents support for the Solana blockchain through browser extensions, a web app, and mobile apps for iOS and Android. Hardware wallet users will notice a clear hardware connectivity distinction between the two wallets. Phantom supports Ledger hardware devices, while Solflare documents mobile connectivity for both Ledger and Keystone hardware devices.
Phantom if you hold across several chains, Solflare if Solana is the only one you use. Either way the wallet itself is free.
Phantom vs Solflare at a glance
| Dimension | Phantom | Solflare |
|---|---|---|
| Supported blockchains | Solana, Ethereum, Base, Polygon, Robinhood Chain, Bitcoin (Native SegWit and Taproot), HyperEVM, and Sui (8 networks) | Solana only |
| Custody model | Self-custodial (private keys and secret recovery phrase held by user) | Non-custodial (private keys and secret recovery phrase held by user) |
| Official platforms | Browser extension and mobile app | Browser extension, web app, iOS, and Android |
| Hardware wallet connectivity | Ledger | Ledger and Keystone (documented on mobile) |
| Published platform swap fee | 0.85% fee on select swaps, charged on top of network fees | Not published in Solflare documentation (third parties report around 0.5% over routing) |
| Solana network transaction fees | Set by the network, paid in SOL | Set by the network, paid in SOL |
| Documented staking features | Homepage focuses on trading and payments rather than staking | In-app staking documented on mobile |
| Published code audits | States code has been audited by top software auditing firms, reports linked on GitHub | Not published in Solflare documentation |
| Published bug bounty | Up to $50,000 reward for vulnerabilities resulting in loss of user funds | Not published in Solflare documentation |
| Security protections | Scam detection flagging malicious transactions instantly, phishing blocklist, spam-NFT burn | Documented digital wallet safety best practices and notifications system |
| Download cost | Free to download and use | Free to download and use |
| Primary use case | Multi-chain asset management across eight networks with Ledger support | Solana-focused activity with in-app staking and Keystone or Ledger hardware connectivity |
Network Coverage and Multi-Chain Scope
Phantom supports eight blockchain networks in a single wallet, whereas Solflare focuses exclusively on the Solana network. According to the Phantom supported networks help article, Phantom connects to Solana, Ethereum, Base, Polygon, Robinhood Chain, Bitcoin, HyperEVM, and Sui. This multi-chain support allows you to hold assets from Ethereum Virtual Machine (EVM) networks, Bitcoin (Native SegWit and Taproot), and Solana within one account. Solflare takes a different approach by dedicating its entire software environment to the Solana blockchain and associated applications. Solflare documentation outlines wallet creation and account management built specifically for Solana tokens and programs. Solflare does not document support for non-Solana networks like Bitcoin, Ethereum, or EVM Layer 2 networks. Your decision between a multi-chain or single-chain wallet depends on where you hold your crypto assets across Web3. If you hold Bitcoin, Base tokens, and SOL across different ecosystems, Phantom consolidates those balances into one extension or mobile app. If your crypto activity remains strictly inside the Solana ecosystem, Solflare provides an environment aligned directly with Solana programs.
Published Security Disclosures
Phantom and Solflare approach security documentation with different levels of public disclosure regarding independent audits and bug bounties. On the Phantom security page, Phantom states its code has been audited by top software auditing firms and links audit reports on GitHub. Phantom does not publish the names of those software auditing firms on its security page. Phantom also operates a public bug bounty program for independent security researchers. White hat hackers can earn up to $50,000 for discovering vulnerabilities that could result in the loss of user funds. For active protection, Phantom states that scam detection flags malicious transactions instantly and includes an open-source phishing blocklist alongside a spam Non-Fungible Token (NFT) burn tool. Solflare covers wallet safety through its digital wallet best practices documentation and a notifications system. Solflare documentation also covers the Solana Wallet Adapter and the Solflare Software Development Kit (SDK) for secure decentralized application connections. Solflare's public documentation index does not publish independent audit reports, an official fee schedule, or a bug bounty program.
Swap Costs and Network Fees
Both Phantom and Solflare pass through standard Solana network transaction fees while handling in-wallet token swap fees differently. Network fees on Solana are paid in SOL and set by the network itself, costing the exact same amount in both wallets. You can review the structure of these network costs on the Solana transaction fees page. Phantom charges a published 0.85% fee on select token swaps executed inside the wallet. This platform swap fee is shown before you confirm the transaction and is charged on top of network gas fees. Phantom does not apply this 0.85% fee to every swap, so you should check the transaction details before confirming a trade. Solflare does not publish an official swap fee schedule in its documentation. Third-party reviews in 2026 report a Solflare platform fee around 0.5% on top of the Jupiter routing layer, but Solflare does not publish this figure officially. Always check the quoted fee and conversion rate inside the Solflare app before confirming any token swap.
Hardware Wallet Connectivity and Account Recovery
Connecting a hardware wallet keeps your private keys on a dedicated physical device rather than on your computer or phone. Phantom supports Ledger hardware devices, allowing you to sign transactions securely while using the Phantom extension or mobile app. Phantom's own wording is “Connect your Ledger to keep your crypto even safer.” Solflare supports both Ledger and Keystone hardware devices, documenting mobile connectivity for both brands. Keystone integration gives Solflare users an additional choice for physical signing hardware that Phantom's security page does not name. If you rely on a Keystone hardware device, Solflare is the compatible choice between these two wallets. Account recovery follows identical non-custodial rules across both wallets. Your secret recovery phrase controls your assets on the blockchain, and neither Phantom nor Solflare has access to restore lost funds. If you decide to switch between wallets, consult the receiving wallet's official documentation and send a small test transfer before moving substantial funds.
Phantom vs Solflare Selection by Use Case
Choosing between Phantom and Solflare depends on your network requirements, hardware brand, and staking preferences. Pick Phantom if you want a single wallet across Solana, Bitcoin, Sui, and EVM chains like Ethereum, Base, and Polygon. Phantom also offers features like perpetual futures, prediction markets, and a Visa debit card alongside standard token trading. Pick Solflare if you work only on Solana and want the features built around that one chain. The Solflare mobile app documents in-app staking for SOL, an in-app browser, and Keystone hardware compatibility. Solflare also documents support for the NFT Profile Picture Protocol and account creation across mobile and web platforms. If you need privacy-focused tools or advanced non-EVM ecosystems, compare options on the best crypto wallets ranked list. The answer would shift if Solflare added EVM networks or if Phantom added Keystone hardware device support.
The verdict
Pick Phantom if you hold tokens across multiple blockchain networks and want to manage Solana, Bitcoin, Ethereum, and Base from one wallet. Phantom gives you a published 0.85% swap fee disclosure on select trades, published bug bounty rewards up to $50,000, and Ledger hardware wallet support. It suits people who trade across several chains and want the security disclosures Phantom publishes. Pick Solflare if your crypto activity takes place entirely on Solana and you want in-app SOL staking and Keystone hardware compatibility on mobile. Solflare gives you a dedicated Solana environment with browser extensions, a web app, and mobile apps that connect directly to Solana programs. It suits Solana specialists, especially those using Keystone hardware devices. If you remain undecided between Phantom and Solflare, test both wallets with a small transaction before moving larger balances. Download your chosen wallet directly from Phantom or Solflare and record your secret recovery phrase offline in a secure location. That phrase is the only way back into the wallet, and nobody at either company can reissue it.
Frequently asked questions
Is Phantom or Solflare better for Solana?
Phantom is better if you manage assets across multiple blockchains alongside Solana, while Solflare is better if you focus strictly on Solana and use Keystone hardware. Phantom supports eight networks, Ledger devices, and published audit reports. Solflare focuses entirely on Solana, offers documented mobile staking, and supports both Keystone and Ledger hardware devices.
Does Solflare support Ethereum?
No, Solflare does not document support for Ethereum or Ethereum Virtual Machine (EVM) networks. Solflare's documentation describes it as a digital wallet for the Solana blockchain and associated applications. If you need Ethereum or EVM Layer 2 support alongside Solana, Phantom covers those networks.
Which has lower swap fees, Phantom or Solflare?
Phantom publishes a 0.85% fee on select token swaps, while Solflare does not publish an official platform swap fee schedule in its documentation. Independent reviews in 2026 report Solflare fees around 0.5% over routing layers, but this is not an official figure. Always compare the live quote in both apps before executing a swap.
Can I use a Ledger with both wallets?
Yes, you can connect a Ledger hardware wallet to both Phantom and Solflare. Phantom supports Ledger devices across its browser extension and mobile app, while Solflare documents Ledger connectivity in its mobile app and documentation. Connecting a hardware device keeps private signing keys off your internet-connected computer.
Can I import my Phantom seed phrase into Solflare?
Both wallets are non-custodial, meaning your secret recovery phrase controls your assets on the blockchain rather than any company. Neither company can recover your phrase if it is lost. If you choose to import an existing phrase into Solflare, consult the Solflare documentation for account import steps and transfer a small test amount first.
Is it safe to have both wallets installed?
Yes, it is safe to have both Phantom and Solflare installed on the same device. Both wallets operate as non-custodial software where you control your own private keys and secret recovery phrases, so installing one wallet does not grant access to the other. You control which wallet you connect when interacting with decentralized applications.
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