Ethereum Wallet MetaMask Is Adding Support for Solana Alongside Bitcoin

This year, Metamask is rolling out support for Solana and Bitcoin, a movement with which the Ethereum-oriented crypto wallet can throw a wider network for new users.

From May Metamask will enable its users to buy, sell and exchange from tokens and with decentralized applications in the Solana Ecosystem, the company said Thursday in a statement. The application also starts to support somewhere between July and September, so that Metamask users can keep the oldest cryptocurrency in the world in their wallets.

Metamask – which was made by Ethereum Software Giant Consensys (disclosure: one of the 22 investors in an editorial independent Decrypt) —Onging are Bitcoin plans Decrypt In January.

“We have been a little slower to achieve this moment of multiple maturity, but I think this will be a moment when we are just opening a much wider multi-chain world,” Metamask fellow founder told Finlay Decrypt At Eth Denver.

Since 2016, Metamask has risen to a fame as a popular software portion for acting and holding cryptocurrencies, because of the support for Ethereum and a series of EVM-compatible chains such as Avalanche and Binance Smart Chain. But with the increasing demand for meme coins on Solana, together with and ordinals, collecting objects and runes meme coins on Bitcoin, the crypto ecosystem is growing in other directions.

Solana almost double the number of daily active users such as the Ethereum Ecosystem last month, facts From blockchain research agency Chain Van Catcher appears. And because the activity on Solana and Bitcoin has risen, is also the popularity of portfolios that use the users of the networks.

Multi-Chain Wallet Phantom registered 15 million monthly active users from last month, an increase of 1,400% compared to its user numbers two years earlier, according to the company’s data. And Coinbase wallet doubled roughly its active user base from 2023 to 2024, according to to app -analysis work activities from apps.

However, the embrace of Metamask from Solana and Bitcoin is not just about compete with other hot portfolios, Finlay said Decrypt. These additions support the vision of the wallet provider to create a “permissionlessly expandable” product with which Metamask users can build support for new functions and chains through his Snaps -functionality.

“We bet the space of new protocols will be a continuous growing thing,” he said.

Additional reporting by Jason Nelson

Published by James Rubin