@web3modal/wallet is a wallet connection library designed for web3 applications. It provides a simple and user-friendly interface for connecting various cryptocurrency wallets to decentralized applications (dApps). This package is part of the Web3Modal ecosystem, which aims to enhance the user experience by allowing seamless wallet integration. While @web3modal/wallet offers a robust solution for wallet connections, there are several alternatives in the web3 space that developers can consider:

• @walletconnect/web3-provider is a library that enables wallet connections using the WalletConnect protocol. It allows users to connect their mobile wallets to dApps through a QR code or deep linking. This library is particularly useful for developers who want to support a wide range of wallets without requiring users to install browser extensions. If your dApp needs to cater to mobile users or support multiple wallet types, @walletconnect/web3-provider is an excellent choice.
• ethers is a comprehensive library for interacting with the Ethereum blockchain. While it is primarily focused on providing a complete set of tools for Ethereum development, it also includes wallet functionality. Ethers.js allows developers to create, manage, and connect wallets, making it a versatile option for those who want to handle both wallet connections and blockchain interactions in a single package. If your project requires extensive Ethereum functionality beyond wallet connections, ethers.js is a powerful option.
• fortmatic (now known as Magic) is a user-friendly wallet solution that allows users to log in to dApps using their email or phone number. This approach simplifies the onboarding process for new users who may not be familiar with cryptocurrency wallets. Fortmatic provides an easy way to integrate wallet functionality without requiring users to manage private keys or seed phrases. If your dApp aims to attract a broader audience and reduce friction in the onboarding process, Fortmatic is a great alternative.
• web3modal is the original library that inspired @web3modal/wallet. It provides a similar wallet connection experience, allowing users to connect various wallets to dApps. Web3Modal supports multiple wallet providers and offers a customizable interface for developers. If you are looking for a well-established solution with a wide range of wallet support, web3modal remains a solid choice.

To see how these packages compare, check out the comparison: Comparing @walletconnect/web3-provider vs @web3modal/wallet vs ethers vs fortmatic vs web3modal.