MetaMask, a popular Ethereum (ETH) wallet, has exciting plans to introduce native support for Bitcoin (BTC) and Solana (SOL) in the near future.
In a recent announcement, MetaMask revealed that Solana will be integrated in May, marking the wallet’s first support for a non-Ethereum Virtual Machine (EVM) platform.
The project is also set to add compatibility for Bitcoin in the third quarter of this year.
Despite the volatility in the crypto market, SOL experienced a 7.5% surge on Friday, trading at $147.49 at the current time.
MetaMask shared these upcoming features amidst a growing user base. According to a statement from Consensys, the developer of MetaMask, the monthly active users (MAU) increased from 19 million to over 30 million between September 2023 and January 2024, representing a growth of over 55%.
This surge in users almost matches MetaMask’s historical peak of 31.7 million in January 2022.
Additionally, MetaMask recently partnered with Robinhood, allowing users to purchase crypto assets directly within the wallet using Robinhood’s order engine.
The U.S. Securities and Exchange Commission (SEC) also decided to drop its lawsuit against Consensys, which had accused the blockchain software firm of operating MetaMask as an unregistered securities broker.
Don’t Miss a Beat – Subscribe to our email alerts for the latest updates.
Follow us on Twitter, Facebook, and Telegram for more news.
Stay updated with the latest news and trends with The Daily Hodl.
Generated Image: Midjourney
