9 Best Cardano (ADA) Wallets for Staking and HODLing in 2023

As Cardano gains momentum year after year, investors are looking into proper options to stake and hodl their ADA. Of course, a reliable wallet makes all the difference in the world. I've compiled a list of the 9 best Cardano wallets that combine security, ease of use, and powerful staking capabilities. Let's get started!

Investors are increasingly turning to Cardano (ADA) as a promising cryptocurrency, and selecting the appropriate wallet is crucial for staking and hodling ADA. This article presents the 9 best Cardano wallets for staking and HODLing in 2025, focusing primarily on Web3 wallets but also covering the best Cardano hardware wallets.

1. Nami Wallet - Simple Browser Cardano Wallet

At first glance, Nami Wallet appears to be just another browser-based crypto wallet. However, it offers more than meets the eye, being specifically designed for the Cardano blockchain.

Nami simplifies the staking process, making it possible to complete in just a few clicks. Staking pools are easily accessible through the wallet, and the transparent interface ensures you know exactly where your ADA is headed. Plus, the low fees make earning more efficient.

You aren't forced to deal with bloated layers of features. Instead, it keeps things neat—perfect if you want a wallet that gets straight to the point.

2. Yoroi Wallet - Lightweight Wallet for Fast ADA Transactions

Yoroi Wallet is one of the most dependable options for holding and staking Cardano. Developed by EMURGO, a cornerstone member of the Cardano ecosystem, this lightweight wallet makes it simple to manage your ADA.

Available as a browser extension and mobile application, Yoroi's design focuses on resource efficiency, which means you won't have to worry about it bogging down your devices.

Here's a breakdown of its main features that caught my eye:

- Lightweight architecture: Yoroi Wallet is designed to be lightweight, operating without the need to download the entire Cardano blockchain. This makes it an excellent choice for those who value fast performance and quick sync times. It's also ideal if you have limited storage space on your device.

- Ease of use: Opening a Yoroi Wallet is a quick and straightforward process. It doesn't require extensive technical knowledge or navigating complex menus. The user interface is intuitive and beginner-friendly, making it easy to navigate and perform essential functions like sending, receiving, and staking ADA.

- Multiple language support: Catering to a global audience, Yoroi Wallet is available in multiple languages. This makes it accessible to users from diverse regions and language backgrounds, ensuring they can navigate the wallet's features and functions without language barriers.

- Hardware wallet integration: For those prioritizing enhanced security, Yoroi Wallet integrates seamlessly with several popular hardware wallets, including Ledger and Trezor. This integration allows you to leverage the advanced protection measures offered by hardware wallets while still enjoying the convenience of a software wallet.

- Staking capabilities: Staking ADA is a breeze with Yoroi Wallet. It provides a curated list of staking pools, complete with performance metrics and detailed information. You can effortlessly choose a staking pool that aligns with your risk tolerance and yield preferences. It's worth noting that staking rewards are not credited directly within the Yoroi Wallet but can be easily accessed and withdrawn once available.

These features make Yoroi Wallet a go-to for ADA holders who value ease of use and functionality.

3. Daedalus Wallet - Powerful Heavyweight Full-Node Desktop Wallet

Daedalus Wallet is a powerhouse. This is definitely not a lightweight wallet. Daedalus operates as a full-node wallet, meaning it downloads the entire Cardano blockchain to your device. This requires more resources, but it also yields unmatched security and decentralization.

Built as a desktop wallet specifically for the Cardano ecosystem, Daedalus comes equipped with features that seasoned Cardano investors will appreciate.

In that sense, it's not the easiest wallet for beginners or newcomers. Here's what makes Daedalus powerful:

- Full-node architecture: Daedalus runs a complete Cardano node on your device. This means that it independently verifies every transaction and block on the blockchain without relying on third-party servers or light clients. It offers maximum security and decentralization as your device contributes to the network. However, it does require more storage space and a stable internet connection to fully sync with the blockchain.

- Staking capabilities: Staking ADA is fully supported within the Daedalus Wallet. You can participate in the Cardano staking mechanism by selecting a staking pool and delegating your ADA. The wallet provides detailed information on each staking pool, including its performance metrics and fees, to help you make an informed decision. It's worth noting that staking rewards are not credited directly within the Daedあきedalus Wallet but can be easily accessed and withdrawn once they become available.

- Hardware wallet integration: If you prioritize extra protection for your cryptocurrency assets, Daedalus Wallet integrates seamlessly with several popular hardware wallets, including Ledger and Trezor. This integration combines the user-friendliness of a software wallet with the advanced security measures of a hardware wallet. It's an excellent option for those who value both convenience and maximum protection.

- Multi-asset support: While primarily designed for Cardano (ADA), Daedalus also supports other native tokens on the