Solvex, an innovative blockchain project, has announced the upcoming upgrade of its native wallet, which is due in May 2025. This is part of its bigger plan to truly open up decentralization to all and expand on the power of blockchain.

As per the Solvex team, this native wallet is non-custodial in nature,  speaking to consumers' growing desire to take control of their own assets. It will also feature support for multiple types of assets, essentially becoming a one-stop shop for the modern crypto user. The Solvex wallet will also be compatible with NFT use and DeFi projects, especially given that Solvex itself started out as one.

In terms of security, the Solvex wallet will feature multiple layers, making it one of the most secure asset storage solutions in the industry. The Solvex wallet will have staking properties enabled, opening up users to a world of passive income.

Other notable developments in the Solvex ecosystem in Q2 2025 include the DAO infrastructure rollout.  These will continue to position it as one of the most promising blockchain products of the year. The team behind Solvex has almost a decade of experience in blockchain, and this has informed the groundbreaking nature of its products. For example, the Solvex ecosystem boasts a 24/7 auto trading bot, which is one of the most in-demand features among crypto users.

But the financial aspect only scratches the surface of what Solvex offers its users. For one, it is a fully decentralized project optimized to benefit community members and content creators, making sure that those who contribute the most to the community benefit from it.

At the centre of all of this is its native token SOLVEX, with a total supply of 100 million units. 50 million of these have been permanently burned from the supply, boosting the price of the token, which has a current market cap of 12 million dollars. The Solvex team famously only takes 10% of the supply for itself, with the rest controlled by the community. The EVM-compatible project is powered by a low-gas Layer-1 chain and leverages smart contracts.

From all indications, the upcoming Solvex wallet will be a notable development in the Solvex ecosystem, but will not be the last that users have to look forward to.

About Solvex

Solvex is an EMV-compatible blockchain project developed by top minds in the distributed ledger sector that features a native wallet, payment cards, a fully community-backed ecosystem, and much more. Solvex’s mission is simple: to bring decentralization to the world, one project at a time.

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