MetaMask Expands to Solana and Plans Bitcoin Support
- MetaMask now supports Solana, allowing its 30 million monthly active users to manage SOL and SPL tokens natively.
- Bitcoin support is planned for late 2025, potentially making MetaMask the first wallet to support Ethereum, Solana, and Bitcoin.
- Solana’s monthly active addresses matched those of every other layer-1 and layer-2 network combined as of June.
- Phantom, a Solana-native wallet, has 15 million monthly active users and $25 billion in user assets, having added Ethereum and Bitcoin support in 2024.
- The integration allows users to import existing wallets using a single Secret Recovery Phrase across different chains.
MetaMask’s multichain rollout aims to simplify user experience by providing a unified portfolio view across multiple blockchains while raising security concerns about seed phrase management.
If MetaMask successfully converts even 10% to18% of its user base into cross-chain participants, it could significantly impact Solana’s dApp ecosystem from an Ethereum wallet interface.Source
