The popular Ethereum (ETH)-focused crypto wallet MetaMask plans to introduce native Bitcoin (BTC) and Solana (SOL) support in the coming months.
MetaMask announced this week that Solana would be added in May, which represents the wallet’s first native non-Ethereum Virtual Machine (EVM) support.
[adinserter block="1"]The project plans to add Bitcoin compatibility sometime in Q3.
SOL defied a wavering crypto market on Friday and surged by 7.5%. The sixth-ranked crypto asset by market cap is trading at $147.49 at time of writing.
MetaMask announced the new features amid a swelling user base. In a statement issued in February, the wallet’s developer Consensys said that the project’s monthly active users (MAU) rose from 19 million to more than 30 million between September 2023 and January 2024. That’s an increase of over 55%.
The number of monthly active users nearly matches MetaMask’s historical high of 31.7 million recorded in January 2022.
The wallet also recently inked a partnership with retail trading giant Robinhood that enables MetaMask users to purchase crypto assets directly within the wallet using Robinhood’s order engine.
The U.S. Securities and Exchange Commission (SEC) also recently agreed to drop its lawsuit against Consensys after suing the blockchain software firm over MetaMask last year. The regulator had claimed the wallet acted as an unregistered securities broker.
Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
