MetaMask Expands Functionality: Bitcoin and Solana Integration
Date: 2025-02-28 Author: Oliver Abernathy Categories: BUSINESS
MetaMask CEO at ConsenSys Daniel Finley said that native Solana support will appear in the wallet in May, and full Bitcoin integration is planned for the third quarter. At the moment, interaction with these networks is only possible through the Snaps cross-chain solution, and for Bitcoin, an alternative option is to use the tokenized version of the ERC-20 standard.
In March, the developers will implement a gas-free swap mechanism for all assets, which will allow users to pay fees in any available token. Support for the ERC-5792 standard will also be implemented, thanks to which it will be possible to conduct sequential transactions in one package. This innovation will reduce costs and speed up the execution of transactions.
The updates will also affect the MetaMask interface. In particular, the main screen will be able to display tokens in all supported networks without having to switch them.
In the future, the wallet will have an account abstraction function, which will allow it to be turned into a smart contract with extended access capabilities. This will provide additional levels of security, simplify access recovery in case of loss of a private key, and provide new ways of interacting with decentralized applications. The implementation of this option will become possible after the implementation of EIP-7702 during the April hard fork of Pectra in Ethereum.
Earlier, in May 2024, the MetaMask team already announced plans to integrate Bitcoin, assuming that the implementation would take only a month. However, the process dragged on, and only now are the developers ready to present a full-fledged solution.
