MetaMask integrate Solana and Bitcoin – Forex News by FX Leaders

MetaMask is expanding its user base by enabling  Solana and Bitcoin support on its wallet.

“MetaMask will allow its users to engage with decentralized applications throughout the Solana ecosystem and purchase, sell, and exchange tokens starting in May,” the company announced.

Additionally, the app will start to support Bitcoin in July or September, enabling MetaMask users to keep the oldest cryptocurrency in the world in their wallets.

MetaMask has gained popularity as a software wallet for trading and storing cryptocurrencies because it supports Ethereum and several chains compatible with EVM, such as Avalanche and Binance Smart Chain.

However, the increasing demand for Runes meme coins on Bitcoin, Ordinals collectibles, and Solana meme coins is causing the cryptocurrency ecosystem to grow in different directions. Last month, Solana boasted nearly twice as many daily active users as the Ethereum ecosystem, according to data from blockchain research firm Chain Catcher.

Additionally, as Solana and Bitcoin activity has grown, so has the popularity of wallets that assist network users.

multi-chain wallet Phantom had 15 million monthly active users as of last month, a 1,400% increase over its user base two years prior. Coinbase Wallet’s active user base nearly doubled between 2023 and 2024.

Olumide Adesina

Financial Market Writer

Olumide Adesina is a French-born Nigerian financial writer. He tracks, analyzes, and reports changes in financial markets with over 15 years of working experience in investment trading.

21 hours ago

Add an article to your Reading List

Register now to be able to add articles to your reading list.

” aria-hidden=”true”> Save

1 day ago

Add an article to your Reading List

Register now to be able to add articles to your reading list.

” aria-hidden=”true”> Save