COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Solflare Launches New Feature Allowing MetaMask Users to Manage Solana Wallets
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Solana (SOL) > Solflare Launches New Feature Allowing MetaMask Users to Manage Solana Wallets
Solana (SOL)

Solflare Launches New Feature Allowing MetaMask Users to Manage Solana Wallets

In Brief

  • In the midst of price declines, Solflare, a Solana wallet, has launched a new feature that enables MetaMask users to manage their Solana portfolios directly from their existing MetaMask wallets.ContentsThe Future of SolanaVulnerabilities in the Crypto Sector The Future of Solana Solana has long been incompatible with MetaMask, meaning crypto enthusiasts had to create a […]
COINTURK NEWS
COINTURK NEWS 2 years ago
Share
SHARE

In the midst of price declines, Solflare, a Solana wallet, has launched a new feature that enables MetaMask users to manage their Solana portfolios directly from their existing MetaMask wallets.

Contents
The Future of SolanaVulnerabilities in the Crypto Sector

The Future of Solana

Solana has long been incompatible with MetaMask, meaning crypto enthusiasts had to create a new wallet to store SOL and NFTs published on the network. Solflare believes that the release of the new feature will reduce entry barriers to Solana and encourage Ethereum enthusiasts to give it a try.

Filip Dragoslavic, co-founder of Solflare, said in a press release shared with users:

“MetaMask is by far the most popular wallet, and the friction of setting up a new wallet has deterred many potential Solana users.

Dragoslavic added that the integration could “change the game” and introduce Solana to the “incredibly vibrant application ecosystem” in Web3, attracting the largest user base in the Web3 space.

This can be considered a significant development as the two networks were based on different infrastructures and contributed to the fragmentation that harmed the blockchain sector. This feature works by using a tool called “Solana Snaps” to connect with Ethereum and other EVM-compatible chains, allowing for the management of all assets from a single location.

At its core, there is an integrated bridge supported by DLN, a product of deBridge that enables the migration of EVM assets to Solana. According to the announcement, the transfer of EVM assets to Solana takes less than a minute after a “simple setup process”.

Christian Montoya, the product lead for MetaMask Snaps, described the new feature as a “significant step towards achieving a smoother user experience”.

Vulnerabilities in the Crypto Sector

After high-profile attacks affecting crypto bridges like Horizon and Ronin resulted in the theft of billions of dollars, bridges emerged as a potential security vulnerability in the crypto ecosystem. Last year, the deBridge project, which forms the basis of the Solflare-MetaMask integration, was targeted in a cyber attack attempt by North Korea’s Lazarus Group.

It is worth noting that according to a statement from a project spokesperson, there has never been an attack on deBridge’s infrastructure, and no critical security vulnerability has been exposed.

“Unlike most cross-chain bridges, deBridge is built to render classic bridge exploits meaningless,” they added, stating that the design of the DLN cross-chain trading infrastructure is based on the 0-TVL principles, ensuring that there are no exploitable weak points.

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.

You Might Also Like

Solana Breaks Barriers: Latest Technical Insights Propel Price Predictions

Solana Powers Up Dubai with Strategic VARA Partnership

Solana’s Market Faces Increased Pressure from Technical Patterns

MetaMask Expands its Features with Solana Support

Discover Why Solana Might Lag Behind Ethereum in the Coming Years

COINTURK NEWS 12 September, 2023 - 10:55 pm 12 September, 2023 - 10:55 pm
Share This Article
Facebook Twitter
Share
Previous Article PayPal Expands Crypto Asset Services with New Platform Announcement
Next Article Bitcoin Price Rises by 5.5% in the Last 24 Hours
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

AUSTRAC Imposes New Limits on Crypto ATMs in Australia
Cryptocurrency Law
Investors Brace for Major Cryptocurrency Price Swings This Week
Meme Token
Bitcoin’s Journey to Stability: What Lies Ahead?
Technical Analysis
Meet CryptoAppsy, the cryptocurrency assistant
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?