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Reading: MetaMask Expands to Bitcoin and Solana, Enhancing User Experience
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COINTURK NEWS > Cryptocurrency News > MetaMask Expands to Bitcoin and Solana, Enhancing User Experience
Cryptocurrency News

MetaMask Expands to Bitcoin and Solana, Enhancing User Experience

In Brief

  • MetaMask will integrate Bitcoin and Solana for seamless access.

  • New features will significantly improve the user experience.

  • Consensys has settled its legal issues with the SEC.

Fatih Uçar
Fatih Uçar 12 months ago
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The popular cryptocurrency wallet MetaMask is set to add support for Bitcoin $67,262 and Solana $85 within this year. Wallet users will be able to access these two major networks without the need for other wallets or wrapped tokens. Support for Solana will be activated in May, while Bitcoin support will be rolled out in the third quarter of this year.

Integrating Solana and Bitcoin into MetaMask

MetaMask will integrate with the Solana network, marking its first support for a non-Ethereum $1,984 Virtual Machine (EVM) network. Users will have access to Solana-based decentralized applications, enabling trading and token swapping. Solana users will benefit from the security and extensive blockchain support offered by MetaMask.

Contents
Integrating Solana and Bitcoin into MetaMaskIntroducing Numerous New Features
MetaMask Bitcoin and Solana Support

Support for Bitcoin will also be launched in the third quarter. Users will be able to trade Bitcoin and access applications on the Bitcoin network through MetaMask. This expansion aligns with MetaMask’s goal of providing multi-network access through a single wallet.

Introducing Numerous New Features

MetaMask is preparing to introduce new features aimed at enhancing user experience. It will eliminate gas fees and enable gas-inclusive swap transactions, with this system applying to all transactions by March. Users will be able to swap tokens without holding ETH.

Additionally, the platform will allow the use of multiple Secret Recovery Phrases (SRP). Users will manage different wallets within a single MetaMask application, with this feature expected to launch in April. Furthermore, MetaMask plans to issue a physical bank card, developed in partnership with Mastercard, allowing users to make real-world payments with cryptocurrency. The virtual MetaMask card is already available in specific regions, while the physical card will be launched in April.

In other news, Consensys, the company behind MetaMask, has resolved its legal dispute with the U.S. Securities and Exchange Commission (SEC). The SEC had alleged that Consensys violated laws due to its staking services. The settlement came after the SEC suspended lawsuits against Coinbase and Binance.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 28 February, 2025 - 1:35 pm 28 February, 2025 - 1:35 pm
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