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Ledger's future support for velo on stellar network

Stellar Network Token Support Sparks Debate | Ledger and VELO Tensions Rise

By

Nora Schmidt

Apr 22, 2025, 02:37 PM

Edited By

Clara Meier

Brief read

Graphic showing Ledger wallet with VELO logo and Stellar network symbols
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A wave of discussion has emerged around Ledger's potential support for VELO as a native token on the Stellar network, following claims from users about its management capabilities. While some users express optimism, others remain skeptical about the current status of VELO integration.

Users Push for Clarification

Several comments in recent forums have reflected a mix of confusion and anticipation. One comment notes, "Velo is listed on that link, though." This reflects a belief that the token should be manageable under certain conditions. However, another user stated, "Not yet," highlighting ongoing uncertainties about when full functionality might be available.

Key Themes in User Comments

  1. Confusion About Management: Many users are unclear why some believe VELO can be managed directly when recent updates suggest otherwise.

  2. Demand for Transparency: There's a strong call for clearer communication from Ledger regarding VELOโ€™s support.

  3. Anticipation: Users are eager to use VELO on Ledger Live, with many actively engaging in discussions about its implications.

"The tokens are secured via StellarTerm, but we want more functionality!"

Mixed Reactions from the Community

The sentiment in recent discussions appears largely neutral, with a blend of frustration and hope. Some users highlight the technical aspects while others simply want answers. One user stated, "Can you elaborate?" This plea indicates a pressing desire for detailed insights into Ledger's integration plans.

Insights from the Discussions

  • ๐Ÿ’ฌ "Some users argue that regulatory issues delay support."

  • ๐Ÿšง Official response from Ledger still pending as of the latest updates.

  • ๐Ÿ”„ "We need better functionality for VELO!" - a commonly echoed sentiment among the engaged users.

As discussions unfold, the community awaits concrete updates from Ledger regarding VELO's status. What will the future hold for VELO on Stellar? Only time will tell.