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Ethereum Stagnates MetaMask Expands to Bitcoin

MetaMask Expands Beyond Ethereum to Include Bitcoin

  • MetaMask is expanding to support Bitcoin, moving beyond its original focus on Ethereum.

  • Consensys posted a job for a product manager to develop MetaMask’s Bitcoin functionality.

  • The MetaMask Snaps feature launched in 2023, enabling community-developed functionalities.

  • MetaMask plans to release a cross-chain API supporting at least 50 non-EVM networks.

  • MetaMask reported having 30 million monthly active users as of January 2024.

MetaMask is extending its reach by incorporating Bitcoin support and developing a cross-chain API, reflecting its strategy to embrace multiple blockchain ecosystems. The wallet aims to maintain its user base of 30 million monthly active users by adapting to the evolving crypto landscape.

Source (2.6)https://decrypt.co/302395/ethereum-wallet-metamask-expanding-bitcoin?rand=52368
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