The altcoin powering a privacy-focused web browser is skyrocketing after the announcement of an extension-free crypto wallet.
Anti-ad web browser Brave, powered by the Basic Attention Token (BAT), recently announced the release of Brave Wallet, sparking a 37% rally for the browser’s utility token, sending the crypto asset from a 24-hour low of $1.32 to $1.81.
“Today, we launched the Brave Wallet, a crypto wallet built into the Brave desktop browser, enabling Brave users to store, manage, grow, and swap their crypto portfolio from a single wallet.
Unlike most crypto wallets, the Brave Wallet does not require extensions; it’s browser-native, reducing security risks and reliance on extra CPU and memory.”
Brave says the wallet can be used to see CoinGecko crypto charts, exchange non-fungible tokens (NFTs), purchase digital assets with fiat currencies and interact with decentralized applications (DApps) on any Ethereum Virtual Machine (EVM) network.
BAT’s announcement comes on the heels of the company partnering with smart contract platform Solana (SOL), granting millions of Brave users and creators access to SOL’s vast decentralized finance (DeFi) network.
“Brave will integrate the Solana blockchain into the Brave browser, providing default Solana ecosystem support to Brave’s 42 million monthly active users and 1.3 million verified Creators.”
BAT has since stabilized and is exchanging hands at $1.47 time of writing.
Check Price Action
Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/pinkeyes
The post Privacy-Focused Web Browsing Altcoin Rises 37% After Launch of New Crypto Wallet appeared first on The Daily Hodl.
