Solana Ecosystem

Backpack Wallet

A multi-chain wallet developed by Coral (the team behind xNFT protocol) that combines MPC and self-custody models. Backpack pioneered executable NFTs (xNFTs) that embed full applications inside NFTs, enabling a decentralized app store experience within the wallet. It supports Solana, Ethereum, and other chains with a focus on developer extensibility and programmable wallet experiences.

IDbackpack-wallet

Plain meaning

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A multi-chain wallet developed by Coral (the team behind xNFT protocol) that combines MPC and self-custody models. Backpack pioneered executable NFTs (xNFTs) that embed full applications inside NFTs, enabling a decentralized app store experience within the wallet. It supports Solana, Ethereum, and other chains with a focus on developer extensibility and programmable wallet experiences.

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Backpack Wallet (backpack-wallet)
Category: Solana Ecosystem
Definition: A multi-chain wallet developed by Coral (the team behind xNFT protocol) that combines MPC and self-custody models. Backpack pioneered executable NFTs (xNFTs) that embed full applications inside NFTs, enabling a decentralized app store experience within the wallet. It supports Solana, Ethereum, and other chains with a focus on developer extensibility and programmable wallet experiences.
Related: Wallet, Phantom, Mad Lads
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Branch

Wallet

Software or hardware that manages cryptographic keys and enables users to sign transactions, view balances, and interact with dApps. Hot wallets (Phantom, Solflare, Backpack) are internet-connected for convenience. Cold wallets (Ledger, Trezor) store keys offline for security. Wallets don't actually 'hold' tokens—they hold the private keys that control on-chain accounts.

Branch

Phantom

The most popular Solana wallet, available as a browser extension and mobile app with multi-chain support (Solana, Ethereum, Polygon, Bitcoin). Phantom provides token swaps, NFT management, staking, and a built-in dApp browser. Known for its clean UX and rapid feature adoption, it has become the default entry point for most Solana users and consistently ranks among the top crypto wallets by active users.

Branch

Mad Lads

An NFT collection of 10,000 generative characters created by the Backpack/Coral team, launched in April 2023 as the first major xNFT collection. Mad Lads are executable NFTs that can embed applications directly within the token, pioneering a new paradigm for NFT utility beyond static media. The mint was one of the most anticipated Solana NFT launches and sold out rapidly.

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Web3

Wallet

Software or hardware that manages cryptographic keys and enables users to sign transactions, view balances, and interact with dApps. Hot wallets (Phantom, Solflare, Backpack) are internet-connected for convenience. Cold wallets (Ledger, Trezor) store keys offline for security. Wallets don't actually 'hold' tokens—they hold the private keys that control on-chain accounts.

Solana Ecosystem

Phantom

The most popular Solana wallet, available as a browser extension and mobile app with multi-chain support (Solana, Ethereum, Polygon, Bitcoin). Phantom provides token swaps, NFT management, staking, and a built-in dApp browser. Known for its clean UX and rapid feature adoption, it has become the default entry point for most Solana users and consistently ranks among the top crypto wallets by active users.

Solana Ecosystem

Mad Lads

An NFT collection of 10,000 generative characters created by the Backpack/Coral team, launched in April 2023 as the first major xNFT collection. Mad Lads are executable NFTs that can embed applications directly within the token, pioneering a new paradigm for NFT utility beyond static media. The mint was one of the most anticipated Solana NFT launches and sold out rapidly.

Solana Ecosystem

Banx

A peer-to-peer NFT lending platform on Solana enabling holders to borrow against NFTs using customizable loan terms and perpetual loan structures. Unlike pool-based lending, Banx connects individual lenders and borrowers directly, allowing negotiation of interest rates, durations, and LTV ratios. The platform supports perpetual loans that auto-renew until either party exits the position.

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Solana Ecosystembackpack-exchange

Backpack Exchange

A regulated cryptocurrency exchange built by the same team behind Backpack Wallet (Coral). Licensed in multiple jurisdictions, it offers spot and perpetual futures trading with a focus on the Solana ecosystem. Backpack Exchange integrates tightly with the Backpack Wallet for seamless fund transfers and aims to bridge the gap between centralized exchange liquidity and self-custodial wallet experiences.

Solana Ecosystembackpack-exchange-eu

Backpack MiFID License

Backpack Exchange's EU regulatory milestone, obtaining a MiFID II license through its acquisition of FTX EU in 2024. This made Backpack one of the few crypto-native exchanges with European regulated securities trading capabilities, enabling it to offer tokenized securities and regulated crypto products to EU customers alongside its Solana-focused spot and perpetual markets.

Solana Ecosystemglow-wallet

Glow Wallet

A Solana wallet emphasizing speed and developer experience with a clean interface, built-in token swap functionality, and experimental features for power users. Glow Wallet focuses on fast transaction signing, minimal UI friction, and support for advanced Solana features, positioning itself as an alternative to Phantom for users who prioritize performance and developer-oriented tooling.

Related terms

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Web3wallet-general

Wallet

Software or hardware that manages cryptographic keys and enables users to sign transactions, view balances, and interact with dApps. Hot wallets (Phantom, Solflare, Backpack) are internet-connected for convenience. Cold wallets (Ledger, Trezor) store keys offline for security. Wallets don't actually 'hold' tokens—they hold the private keys that control on-chain accounts.

Solana Ecosystemphantom

Phantom

The most popular Solana wallet, available as a browser extension and mobile app with multi-chain support (Solana, Ethereum, Polygon, Bitcoin). Phantom provides token swaps, NFT management, staking, and a built-in dApp browser. Known for its clean UX and rapid feature adoption, it has become the default entry point for most Solana users and consistently ranks among the top crypto wallets by active users.

Solana Ecosystemmad-lads

Mad Lads

An NFT collection of 10,000 generative characters created by the Backpack/Coral team, launched in April 2023 as the first major xNFT collection. Mad Lads are executable NFTs that can embed applications directly within the token, pioneering a new paradigm for NFT utility beyond static media. The mint was one of the most anticipated Solana NFT launches and sold out rapidly.

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Solana Ecosystem

Phantom

The most popular Solana wallet, available as a browser extension and mobile app with multi-chain support (Solana, Ethereum, Polygon, Bitcoin). Phantom provides token swaps, NFT management, staking, and a built-in dApp browser. Known for its clean UX and rapid feature adoption, it has become the default entry point for most Solana users and consistently ranks among the top crypto wallets by active users.

Solana Ecosystem

Solflare

A Solana-native wallet offering browser extension, mobile, and web interfaces with deep staking integration, hardware wallet support (Ledger), and a built-in dApp browser. Solflare was one of the first Solana wallets and provides advanced features like stake account management, token metadata display, and priority fee controls. It supports the Solana Wallet Standard for seamless dApp connectivity.

Solana Ecosystem

Backpack Exchange

A regulated cryptocurrency exchange built by the same team behind Backpack Wallet (Coral). Licensed in multiple jurisdictions, it offers spot and perpetual futures trading with a focus on the Solana ecosystem. Backpack Exchange integrates tightly with the Backpack Wallet for seamless fund transfers and aims to bridge the gap between centralized exchange liquidity and self-custodial wallet experiences.

Solana Ecosystem

Helium

A decentralized wireless infrastructure network that migrated from its own L1 blockchain to Solana in April 2023 for improved scalability and composability. Helium incentivizes individuals to deploy hotspots providing LoRaWAN (IoT) and 5G cellular coverage, earning HNT, MOBILE, and IOT tokens. With over 900,000 hotspots deployed globally, Helium is one of the largest DePIN projects on Solana.