MetaMask, the widely used self-custodial crypto wallet for Ethereum, is set to undergo significant changes. On February 28th, the company announced at ETHDenver that it will soon support Bitcoin and Solana.
These updates aim to simplify crypto management by allowing users to store, send, and trade multiple cryptocurrencies within a single platform. MetaMask plans to improve transaction efficiency and introduce new features to enhance user experience.
The Roadmap Ahead
By mid-2025, users will be able to handle Bitcoin directly without needing a separate wallet or using wrapped tokens.
The addition of Solana support is expected even earlier, in May 2025.Â
This marks the first time MetaMask is expanding beyond Ethereum-based assets, making the wallet more versatile for crypto holders.
Better Transactions and Lower Fees
MetaMask is also working on making transactions smoother. A new feature called ERC-5792 will allow users to bundle multiple transaction steps into one. Instead of separately approving and swapping tokens, everything will happen in a single click. This will save time and lower gas fees.
Dan Finlay, co-founder of MetaMask, highlighted how this feature will improve the user experience. He explained that transactions will be processed in a unified way, reducing costs and making interactions with DeFi platforms more efficient.
Despite its dominance in the market, MetaMask faces increasing competition. Other wallets have gained users by offering unique network integrations and additional functionalities. To stay ahead, MetaMask is focusing on enhancing its interface and expanding its capabilities.
Also Read: MetaMask active users see a massive jump of 55% in just 4 months
New Features and Improved Interface
Along with new blockchain support, MetaMask is redesigning its user interface. The updated wallet will allow users to manage multiple seed phrases within a single account, making it easier to organize different wallets.
Another major upgrade is the introduction of abstracted gas fees, which will enable users to pay for transactions with any token rather than just ETH.
Security improvements are also a key focus. With these changes, MetaMask aims to provide a safer and more efficient experience for its users.
Regulatory Victory for Consensys
The announcement comes shortly after a legal win for Consensys, the company behind MetaMask. The U.S. SEC recently dropped its investigation into the Ethereum development firm. This decision removes a significant regulatory concern for MetaMask and its parent company.
MetaMask Debit Card Expands to U.S.
In addition to technical upgrades, MetaMask is launching its own debit card in select U.S. states. The card, which has been available in the UK and EU for a few months, will allow users to spend their crypto assets more easily.
With support for Bitcoin and Solana, improved transaction processes, and enhanced security, MetaMask is working to make crypto more accessible. These updates aim to provide a seamless experience for both new and experienced users.
As the industry evolves, MetaMask is positioning itself as a more comprehensive solution for digital asset management.
Also Read: MetaMask Launches Crypto Card in Limited US Rollout, Large Scale Launch In Pipeline