The Crypto Krew
Home » MetaMask Wallet Adds Native Solana Support Via Browser Extension

MetaMask Wallet Adds Native Solana Support Via Browser Extension

by Terron Gold
0 comments

MetaMask has added support for Solana on its web-based browser extension, the crypto wallet provider announced Tuesday. Users of the MetaMask Extension can now trade, swap, or bridge Solana-based tokens and access decentralized applications within the Solana ecosystem. The wallet service provider also stated that it will integrate Solana into its mobile app within a few weeks.

MetaMask previously enabled users to connect to non-EVM networks via plugins called Snaps. “Solana is just the start,” MetaMask said in the announcement. “We’ll be adding more non-EVM networks over the coming months, to make wallet juggling a thing of the past.” In February, the crypto wallet announced an upcoming Solana integration, also stating that it will support the Bitcoin network by the third quarter of 2025.

MetaMask is one of the largest non-custodial cryptocurrency wallets, with an estimated annual user base of 100 million, according to the firm. The wallet provider has also been considering launching its own crypto token, a discussion dating back to 2021. Joseph Lubin, CEO of MetaMask parent company Consensys, said in 2022 that the wallet’s token may drive the platform further towards decentralization.

On The Block’s “Crypto Beat” podcast earlier this month, MetaMask co-founder Dan Finlay said the launch of its own token is still a “maybe,” while acknowledging that the new regulatory landscape for crypto in the U.S. has given “safety for far more kinds of token launches.” In February, the U.S. Securities and Exchange Commission and Consensys agreed in principle to end the enforcement action against MetaMask, following the dismissal of other enforcement actions targeting major crypto companies, including Coinbase and Kraken.

You may also like

Subscribe

Subscribe our newsletter for latest news, service & promo. Let's stay updated!

Copyright 2024 The Crypto Krew – All Right Reserved. Designed and Developed by Track 7 Media

This website uses cookies to improve your experience. To read more or opt here visit the privacy policy. Accept Read More