Hardware wallet sales skyrocketed 230% year-over-year as centralized exchange hacks resulted in $2.3 billion in stolen cryptocurrency during 2025. Ledger, Trezor, and Tangem reported combined sales exceeding 8.7 million units, with security-focused devices featuring biometric authentication and multi-signature support leading demand. The surge followed high-profile breaches at three major exchanges, prompting security experts to recommend self-custody solutions utilizing air-gapped cold storage and secure element chips.
Cybersecurity analysts predict hardware wallets will become standard for crypto investors by 2027, with next-generation devices integrating passkey authentication and decentralized recovery systems to eliminate private key vulnerabilities while maintaining user control.
