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Is ledger still the best option for storing crypto?

Ledger vs. New Alternatives | Cold Storage Security in 2025

By

Liam O'Shea

Jun 7, 2025, 01:30 AM

Edited By

Isabella Rossi

Updated

Jun 7, 2025, 08:35 PM

2 minutes to read

A Ledger hardware wallet resting on a wooden desk, showcasing its sleek design and digital security features, with a computer screen in the background displaying cryptocurrency data.

As interest in cryptocurrency gains momentum, users are reassessing secure storage methods. A growing group debates whether Ledger devices remain the best choice against a backdrop of rising hacks and scams.

Trust in Ledger Devices Remains Strong

Many users still back Ledger for secure cold storage. One supporter stated, "Keeping your private keys completely offline is deeply reassuring." They argue that Ledger's blend of security and functionality is unmatched, allowing access to features like staking and swapping through the Ledger Live app while maintaining security.

User Insights on Cold Storage Options

Recent discussions across various forums reveal varying opinions:

  • Enhanced Features of Ledger: A user highlighted the convenience of using Ledger Live, noting, "You can stake major assets, swap coins, and interact with dApps all while your private keys stay secure." They emphasized the importance of meticulous setup—backing up the recovery phrase, using a strong PIN, and enabling optional features for added protection.

  • Shifts Towards Alternatives: While some still support Ledger, others have turned to Cypherock devices, praising its Shamir's Secret Sharing feature. A user commented, "No seed phrase exposure at all. That setup kills single points of failure."

  • Concerns Over Future Threats: Discussions regarding quantum computing also draw attention. Users expressed concern about evolving technology potentially reversing cryptocurrency security measures. "We will need to assume that our devices will become vulnerable," one user stated.

Key Insights from Ongoing Discussions

  • 🔒 Many users still trust Ledger devices for their balance of safety and usability.

  • ✅ Cypherock gains attention with advanced security options.

  • 🔮 Users express concern over the implications of quantum computing on wallet security.

Trends in Crypto Storage Solutions

As technology advances, storage methods are expected to evolve. Some experts predict that by 2026, around 40% of new wallets will integrate advanced security features similar to Shamir's Secret Sharing. Additionally, with the advancements in quantum computing, many in the community anticipate that more storage solutions will implement upgraded encryption techniques.

This landscape shifts continually as users adapt to new security concerns and technologies. The quest for the most secure form of crypto storage is far from over. As featured in discussions, enthusiasts are now more inclined to diversify their storage strategies while balancing traditional options like Ledger against emerging innovations.