The popular cryptocurrency wallet MetaMask plans to add support for Bitcoin and Solana this year. Support for Solana will be activated in May, and Bitcoin support will be rolled out in the third quarter.
Integrating Solana and Bitcoin into MetaMask
MetaMask will integrate with the Solana network, marking its first support for a non-Ethereum Virtual Machine (EVM) network. Users will have access to Solana-based decentralized applications, enabling trading and token swapping. Support for Bitcoin will also be launched in the third quarter, allowing users to trade and access applications on the Bitcoin network through MetaMask.
Introducing Numerous New Features
MetaMask is preparing to introduce new features aimed at enhancing user experience. The platform will eliminate gas fees and enable gas-inclusive swap transactions. Additionally, it will allow the use of multiple Secret Recovery Phrases (SRP), enabling users to manage different wallets within a single MetaMask application. Furthermore, MetaMask plans to issue a physical bank card developed in partnership with Mastercard.
Conflict with SEC and Its Resolution
Consensys, the company behind MetaMask, has resolved its legal dispute with the U.S. Securities and Exchange Commission (SEC), which concerned its staking services. The settlement was reached after the SEC suspended lawsuits against Coinbase and Binance.
MetaMask continues to expand its wallet functionality, adding new networks and features to ensure a more convenient user experience.
