The strength of a project is not measured – only – by the hype it manages to create during a bull market. Especially when this dynamic is carried by a personality whose charisma is in the current image of the cryptocurrency sector: immature and opportunistic. Indeed, it is in difficult moments that the strength of resistance and reliability are demonstrated actors engaged in the digital adventure of cryptocurrencies.
And in this logic, Sam Bankman-Fried took the Solana blockchain to the top, before dragging it along. A situation that forces some large-scale projects to leave this sinking ship for other safer shores. And some developers put the key under the door without any notice, as in the case of the Sollet wallet native to this network. But how to recover the funds we held?
Sollet – Disappearance of Solana’s native wallet
While investors in the Solana ecosystem get excited to the bone BONK – with a strong smell of shitcoin – that has just been thrown at him, things are not better for this blockchain. A “reward” paid in the form ofan airdrop for holders of NFTs issued on this network. But this same unlikely coin will not be a sufficient tree to hide the crisis that the non-fungible token market is going through, following the decision to make copyrights optional initiated by its current leader. magic eden.
And since one disaster inevitably calls for others, some emblematic projects of the Solana network are now bringing the curtain down without further explanation. As in the case of the Sollet wallet native to this blockchain. A not always very functional tool whose purpose was to offer an “open source service for advanced users and developers”, according to its now inactive Twitter page. Why for a few weeks it is simply impossible to connect to this wallet or its website. And no help is offered to solve this problem…
Sollet – How to find your cryptocurrencies
And in the face of poor users, this situation can quickly become worrisome. Especially considering the already actual loss of funds in connection with the collapse of the FTX platform. But there’s no reason to worry in the case of the Sollet wallet, which is a “non-custodial” version. What does it mean the cryptocurrencies it allowed to be managed were not deposited into an account accessible to its developers. In fact, only the owner of the seed phrase (initial sentence) can access it, always warm on the Solana blockchain. But be warned, without this word list… your funds are definitely lost!
Once you find this seed phrase, the procedure is quite simple. Indeed, just download the official version of another wallet compatible with the Solana networklike ghost Where is it slope for example. But beware of possible scams. So you better check the link carefully before clicking on it. And make sure you have visited the official website or twitter account of the wallet in question. After that it is only a matter of a few minutes to find all the funds registered in the account in question. The magic of decentralization…