Wrapped Ethereum (Sollet) wallet

What is Wrapped Ethereum (Sollet) (SOETH)?

soETH came from the Sollet bridge, an early route for bringing Ethereum assets onto Solana. Each soETH was an SPL token minted against ETH held on the Ethereum side, and for a while it was how ether circulated in Solana applications. That context matters more than the mechanics here, because the Sollet bridge is no longer the live path for moving ETH to Solana - newer bridged forms of ether took over, and soETH is the legacy one.

So if you hold soETH, treat it as a historical balance rather than a current on-ramp. It is still an SPL token in your account and it still moves like any other: it needs an associated token account, and transfers are paid in native SOL, not in the token. But it is not interchangeable with other wrapped ether on Solana, and it should not be confused with them - the ticker resemblance is the trap. A price quote for ETH is not automatically a quote for this token, and liquidity for legacy bridged assets is not the same thing as liquidity for the asset they represent.

Supported networks in Tangem (1): Solana.

Because a dormant legacy token may sit untouched for years before you ever need to do anything with it, what matters is that the key still works when that day comes. Tangem's key is generated inside the card and never leaves it, so there is no file to lose and no phone migration to survive; a second card holding the same key is the backup, and a seed phrase is yours to use only if you want one. Old balances survive best on something that does not need charging or updating, and a card in a drawer is exactly that.