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Reading: SafePal launches $3 million Solana builder’s grant to scale ecosystem growth
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Blockchain

SafePal launches $3 million Solana builder’s grant to scale ecosystem growth

Last updated: February 11, 2026 1:45 pm
Published: 2 months ago
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This publication is provided by the client. The text below is a paid press release that is not part of Cointelegraph.com independent editorial content. The text has undergone editorial review to ensure quality and relevance, it may not reflect the views and opinions of Cointelegraph.com. Readers are encouraged to conduct their own research before taking any actions related to the company. Disclosure.

$2 Million worth of hardware wallet sponsorships and $1Million of marketing resources have been allocated for Solana ecosystem projects in 2026

Singapore/Hong Kong, February 11, 2026, Press release – SafePal, a non-custodial crypto wallet suite trusted by 30 million users across 200+ blockchains, today announced a $3 Million grant program to scale ecosystem growth for the Solana blockchain.

The grant will run throughout the year of 2026 and comprises $2 Million worth of hardware wallets coupled with $1 Million worth of marketing resources for Solana ecosystem projects. The move was announced during Solana Accelerate APAC following the success of pilot Walletdrops with DeFi protocols such as Jumper Exchange, 1inch, and more recently Morpho.

“Innovative projects are emerging on active ecosystems like Solana as the industry matures, but are still in need of efficient and high impact growth initiatives,” said Veronica Wong, CEO and Co-founder of SafePal.” Token airdrops are popular but often lead to short-lived momentum or attract mercenary behaviour — hardware Walletdrops have proven to be more effective especially in user retention and combating issues such as bot abuse, so we’re really confident this grant will scale growth for Solana builders while creating value for users.”

To commemorate the official launch of the grant, SafePal has produced 1500 limited edition hardware wallets that will be distributed during Solana Accelerate Hong Kong to attendees, VIPs, core contributors, and also through bounty programs. Future potential utilities such as staking and airdrop boosts are also being planned for these wallets and grant allocations.

“Builders are at the heart of Solana’s growth and sustainable adoption comes from real users, ” Daniel Zhang, Mandarin and Cantonese Market Lead at Solana Foundation, said: “Teams like SafePal are supporting ecosystem development in a compelling way while improving security and user experience.”

Solana ecosystem projects will be able to apply for the grant through the official SafePal website, and will be evaluated based on eligibility criteria such as length of time being live, monthly active users, total value locked (TVL), community size, relevant events hosted (i.e. hackathons and workshops), and more.

As part of a broader commitment to the Solana ecosystem, SafePal has also introduced features such as a dedicated Solana DeFi hub section for Dapps in its mobile software and hardware wallet line, native integrations to enable users to buy, swap, trade, stake $SOL and SPL(Solana Program Library) tokens, tokenized stocks and other trending verticals.

Looking ahead, the wallet suite also plans to deepen collaborations with other blockchain ecosystems and crypto protocols this year, as part of its roadmap to evolve into a comprehensive DeFi and CeFi hub.

Founded in 2018, SafePal is a next generation non-custodial crypto wallet suite backed by Animoca Brands, Binance and Superscrypt. The suite empowers access to decentralized and centralized finance on 200+ blockchains across its hardware, software, and browser extension wallet solutions.

Encompassing a diverse mix of crypto asset management solutions like cross-chain swapping, trading and yielding tools, centralized exchange (CEX) mini programs, a banking gateway and Mastercard for users — SafePal serves 30 million users globally across 200+ regions and countries in 16 languages.

SFP is a decentralized BEP-20 and ERC-20 token fuelling the SafePal ecosystem with various utilities such as discounts on SafePal products, staking boost and airdrop rewards, seamless conversion to gas tokens, and more.

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