Nearly every segment of the crypto sector underwent explosive growth in 2022. The steady inflow of institutional funds could possibly be interpreted every bit a signal that the best is yet to come.

For new users, figuring out how to obtain cryptocurrency can be a deadening task, and the challenge of securing the avails off exchanges is another hurdle some investors notice hard to overcome.

Hither's a rundown of some of the most used cryptocurrency soft wallets that support a wide swath of tokens and offer users access to decentralized finance (DeFi), nonfungible tokens (NFTs), staking opportunities and airdrops.

MetaMask

MetaMask was originally launched to back up the Ethereum blockchain and decentralized applications (DApps) that run on top of it. It is now available as a browser extension and smartphone application.

The visitor launched in 2022 and has largely benefited from a first-mover reward to become ane of the well-nigh popular and widely integrated wallets, and it is i of the few to support nearly every blockchain network.

A quick coil through the supported networks on Chainlist, a platform that provides a list of Ethereum Virtual Auto (EVM)-compatible networks and instructions on how to add together any listed network to their MetaMask wallet, shows hundreds of blockchain networks supported by MetaMask including many of the superlative smart contract competitors.

Currently, MetaMask supports Avalanche, Fantom, Binance Smart Chain, Polygon, HECO Mainnet, Optimism and Arbitrum, and it'south easy for users to apply diverse bridges to transfer tokens between the supported networks.

MetaMask has also integrated a swap feature straight into the wallet to give users access to an aggregated list of decentralized exchanges (DEXs). According to data from Dune Analytics, the daily swap volume on MetaMask bandy has steadily increased throughout 2022.

MetaMask swaps daily volume. Source: Dune Analytics

The rise in bandy book has as well come aslope rumors that MetaMask will eventually release a token of its own and many users are anticipating an airdrop.

Phantom

Phantom is a popular software wallet and browser extension available for Solana network users.

Similar to MetaMask, the Phantom wallet has a built-in DEX that allows users to make direct swaps within the software, thus fugitive the risk of connecting to a scam website or paying gas fees to transfer the funds out of the wallet to some other exchange.

There are rumors that Phantom could launch its own token and airdrop a portion of the supply to early on adopters. So far, however, this is zero more pure speculation and nothing has been mentioned by the developer withal.

The wallet also has an NFT tracking feature and users tin also transact with available NFT marketplaces.

Similar to other wallets, Phantom users tin can stake Solana (SOL) tokens without needing to transfer the assets. Recently, the team announced a partnership with MoonPay that will allow users to employ fiat currency and credit cards to buy tokens in the Solana ecosystem.

The project is as well developing smartphone applications that will allow users admission to the Solana network directly from their smart devices.

Keplr

Keplr wallet is the first inter blockchain communication (IBC)-enabled wallet and browser extension for the Creation network that allows users to store and access tokens within the ecosystem.

It currently supports more than than 15 networks including Creation, Secret Network, Kava, Crypto.org, IRISnet and Persistence, and the team regularly adds support for new bondage with several projects currently under beta access.

Holders of the supported tokens are able to stake their holdings straight through the Keplr wallet and the app works on Android and iOS devices.

At the moment, at that place are no rumors of a possible Keplr token or airdrop to users, but one can never be sure about what might happen in the crypto sector. If Keplr integrates popular features like its ain swap interface or an NFT marketplace, then the adventure of a native token is always a possibility.

Want more than data about trading and investing in crypto markets?

  • Brave launches browser-native crypto wallet to gainsay simulated extensions
  • Building multichain is a new necessity for DeFi products
  • 'Nosotros'll meet about 200 chains connected through Creation' IBC adjacent year,' says Tendermint CEO Peng Zhong
  • Exodus wallet integrates with SportX to enable esports betting with crypto
  • Coinbase launches standalone browser extension for Coinbase Wallet

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves take chances, you should conduct your own enquiry when making a decision.