Controlling the phase and crystal structure of nanomaterials is a challenging mission in a wet chemical method and has remarkable importance to the materials properties. Herein, we demonstrate a facile sol−gel method to synthesize Bi 2 O 3 , Fe 2 O 3 , BiFeO 3 , Bi 36 Fe 2 O 57 , secondary phase, and mixed phase of BiFeO 3 (Bi 25 FeO 40 and Bi 2 Fe 4 O 9 ) by tailoring the parameters such as molar concentration, calcination temperature, and duration. Further, all the electrode materials were demonstrated for supercapacitor (SC) application. The pure-phase BiFeO 3 nanoparticles show a highest specific capacitance of 253 F/g at a current density of 1 A/g compared to all other electrodes under a 3 M KOH electrolyte. The higher specific capacitance of BiFeO 3 nanoparticles is ascribed to their higher surface area, pure ABO 3 structure, and lower charge-transfer resistance. Moreover, the BiFeO 3 nanoparticles were also tested under a neutral electrolyte (1 M Na 2 SO 4 ) and found to have 3.7 times lower specific capacitance compared to the alkaline electrolyte (3 M KOH). The electrokinetic study of the as-synthesized active electrodes illustrates the maximum capacitive involvement to store the overall charge. The BiFeO 3 nanoparticles display outstanding stability with a retention rate of 99.02% after 1100 consecutive galvanostatic charge−discharge cycles at various current densities. Moreover, a solid-state symmetric SC device (SSD) was fabricated using BiFeO 3 nanoparticles. The device delivered a maximum energy density of 17.01 W h/kg at a current density of 1 A/g and a power density of 7.2 kW/kg at a current density of 10 A/g. The BiFeO 3 SSD showed an excellent capacitive retention rate of 88% after 5000 cycles, suggesting that it could be a promising electrode material for practical application in energy storage devices.