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Home News Crypto

MetaMask Unveils Major Upgrade, Adds Support for Solana and Bitcoin

1 March 2025
in Crypto, News
Reading Time: 3 mins read
114 2
source: theblock.co

source: theblock.co

Crypto wallet service provider MetaMask will soon undergo a major overhaul of its interface and introduce a host of new features, including native support for Solana and Bitcoin.

The update, expected to roll out soon, expanding MetaMask’s functionality beyond Ethereum and EVM-compatible blockchains. This marks a significant shift for the wallet, which has primarily catered to Ethereum-based assets since its launch.

The developers of the widely used cryptocurrency wallets announced the they are introducing a redesigned user interface alongside new features aimed at enhancing self-custody and transaction efficiency. They stated these changes are designed to improve flexibility and accessibility for users managing assets across different blockchains.

One of the features that would be introduced is the multi-Secret Recovery Phrase (SRP) management which allows users to operate multiple wallets within a single account.  The team also noted that the upcoming Ethereum Pectra upgrade will introduce smart accounts for all MetaMask users, enhancing security and automation within the wallet’s self-custodial framework.

Another significant change is the removal of the ETH gas fee requirement. Users will soon be able to pay transaction fees with any token of their choice. Meanwhile, the Smart Transactions feature, which the team boasts has a 99.995% success rate, is expected to further improve transaction reliability by mitigating failed transactions and MEV (Maximal Extractable Value) attacks.

Beyond on-chain improvements, MetaMask is expanding into real-world financial transactions with the MetaMask Card, allowing users to spend cryptocurrency without relying on a traditional bank account. 

As MetaMask strengthens its position in self-custody and decentralized finance, its parent company, Consensys, is pushing forward with a broader vision for Web3. Last year, Consensys unveiled a project called “Network State,” aimed at fostering personal sovereignty within the AI-driven global economy. Founder Joe Lubin described it as a step toward a decentralized ecosystem where individuals can conduct more aspects of their lives “on-chain.” He emphasized blockchain’s role in finance, identity, and communication, calling the initiative a collaborative effort to shape a self-sovereign future. Lubin sees Network State as a catalyst for a major paradigm shift in how people interact with technology and governance.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: BitcoinMetamaskSolana
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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