Active Wallet Growth Solana

A crypto wallet is a device or application that stores a collection of keys and can be used to send, receive, and track ownership of cryptocurrencies. Wallets can take many forms. A wallet might be a directory or file in your computer's file system, a piece of paper, or a specialized device called a hardware wallet. A keypair is a securely generated private key and its cryptographically-derived public key. A private key and its corresponding public key are together known as a keypair. A wallet contains a collection of one or more keypairs and provides some means to interact with them. The public key (commonly shortened to pubkey) is known as the wallet's receiving address or simply its address. The wallet address may be shared and displayed freely. The private key is required to digitally sign any transactions to send cryptocurrencies to another address or to make any changes to the wallet. The private key must never be shared. Different wallet solutions offer different approaches to keypair security, interacting with the keypair, and signing transactions to use/spend the tokens. Solana supports several types of wallets in the Solana native command-line app as well as wallets from third-parties.