coinspress.com
MetaMask is set to integrate Bitcoin and Solana into its platform in the near future, expanding its functionality for users of these prominent cryptocurrencies.
This move will allow users to interact with both ecosystems directly within MetaMask, eliminating the need for other wallets or wrapped tokens.
Full support for Bitcoin is expected to roll out in Q3 of this year, while Solana integration is slated for May. This will mark MetaMask’s first venture beyond Ethereum-based chains, allowing users to engage with Solana’s decentralized applications and services. Solana’s popularity, fueled by its growing memecoin market, saw impressive activity in January, with over 12 billion transactions processed.
In addition to the new blockchain integrations, MetaMask is also revamping its user interface and experience. A major feature coming in March will simplify transactions by including gas fees within token swaps, removing the need for users to hold ETH for transaction fees.
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MetaMask will also introduce the ability to manage multiple wallets with separate Secret Recovery Phrases (SRPs) in a single app next month. Moreover, the company is launching a physical MetaMask card in April, enabling users to make crypto payments through Mastercard’s network, with a virtual version already available in select regions.
On the regulatory front, MetaMask’s developer, ConsenSys, reached an agreement with the U.S. Securities and Exchange Commission to resolve an ongoing enforcement case concerning MetaMask’s staking service, which had been accused of violating securities laws.