MetaMask announces Bitcoin and Solana integration in 2025, expanding wallet functionality. Settlement reached with SEC to settle lawsuit.
Developers Submit Updated Roadmap, Company Announces Settlement with US SEC to Close Lawsuit
Developers of the popular crypto wallet MetaMask have announced that it will support Bitcoin, as well as tokens and applications from the Solana ecosystem. According to the updated roadmap, Solana integration is scheduled for May, while Bitcoin compatibility will arrive in the third quarter of 2025. The developers had announced plans to add Bitcoin as early as a year ago.
We're overhauling the MetaMask UI/UX. 🦊
Not only that, we're bringing in developments that will level up the entire industry.
MetaMask has more than 100 million users worldwide, according to data from the service. Since 2021, more than 5 billion transactions have been processed through the platform.
Hitherto, MetaMask supported Bitcoin only in the form of "wrapped" tokens (WBTC), which operate on the Ethereum blockchain and other compatible networks. This meant that users had to exchange BTC for WBTC via third-party services and pay fees. Now it will be possible to store and send 'native' bitcoins directly.
MetaMask has only ever supported Ethereum Virtual Machine (EVM) compatible blockchains, such as BNB Chain (Binance Smart Chain), Avalanche, zkSync, Polygon, Arbitrum and others. Unlike these, Bitcoin and Solana have their own architecture. Support for Solana, expected in May, will be the first integration in MetaMask of a blockchain that does not use EVM.
The update will also include an improved interface, an updated logo and new features. Users will be able to pay fees ('gas') with the token they send without having to own ETH, manage multiple wallets in one application, and use batch transactions, combining multiple transactions into one.
In the US, a physical MetaMask card will also be available for cryptocurrency payments on the Mastercard network. The launch is planned for April.
MetaMask's Vision for Web3: The Key Development Areas
MetaMask also listed several promising areas for Web3 development. "Ideas for eager developers" include: subscription payments, deferred transactions (allowing DEXs to purchase a token at a future price) and decentralised AI agents.
"Our priority is to make Web3 more accessible, intuitive and useful for everyone, from experienced users to beginners. Applications are still limited, the number of networks continues to grow and it is difficult to find your way around. Above all, we need to make wallets more powerful and at the same time more secure,' reads the roadmap.
On 27 February, Joseph Lubin, CEO of Consensys, the MetaMask developer, announced that the US Securities and Exchange Commission (SEC) had agreed to dismiss the case against the crypto wallet. Lubin said that Consensys was "prepared to fight this case to the end, but is pleased with this outcome".
The SEC had sued Consensys in June 2024, alleging that the blockchain company had violated the law by providing a staking service via MetaMask. Consensys had received notice of the proceedings back in April of that year.
In response to the notice, Consensys had in turn sued the SEC for classifying Ethereum as a financial security, claiming that the regulator was "targeting" the MetaMask software. However, in September 2024, the court dismissed the lawsuit filed by Consensys.
Bitcoin fell sharply to $93,000, triggering liquidations of $510M in 24 hours and wiping out all gains for the year. The Fear and Greed index dropped to 10, signalling panic among traders.
Arthur Hayes, former CEO of BitMEX, urged Zcash (ZEC) holders to withdraw their coins from exchanges and move them to shielded addresses, revealing that ZEC is now his second largest position.
The price of XRP falls 7 per cent on the eve of the launch of the first US spot ETF managed by Canary Capital, as traders weigh hype, deleveraging and the risk of the classic 'sell the news'.
Tether moves like a sovereign wealth fund: it hires traders from HSBC and accumulates billions in physical gold. The strategy, which mirrors the behaviour of central banks, marks a break from dependence on the US dollar.
Developers Submit Updated Roadmap, Company Announces Settlement with US SEC to Close Lawsuit
Developers of the popular crypto wallet MetaMask have announced that it will support Bitcoin, as well as tokens and applications from the Solana ecosystem. According to the updated roadmap, Solana integration is scheduled for May, while Bitcoin compatibility will arrive in the third quarter of 2025. The developers had announced plans to add Bitcoin as early as a year ago.
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MetaMask has more than 100 million users worldwide, according to data from the service. Since 2021, more than 5 billion transactions have been processed through the platform.
Hitherto, MetaMask supported Bitcoin only in the form of "wrapped" tokens (WBTC), which operate on the Ethereum blockchain and other compatible networks. This meant that users had to exchange BTC for WBTC via third-party services and pay fees. Now it will be possible to store and send 'native' bitcoins directly.
MetaMask has only ever supported Ethereum Virtual Machine (EVM) compatible blockchains, such as BNB Chain (Binance Smart Chain), Avalanche, zkSync, Polygon, Arbitrum and others. Unlike these, Bitcoin and Solana have their own architecture. Support for Solana, expected in May, will be the first integration in MetaMask of a blockchain that does not use EVM.
The update will also include an improved interface, an updated logo and new features. Users will be able to pay fees ('gas') with the token they send without having to own ETH, manage multiple wallets in one application, and use batch transactions, combining multiple transactions into one.
In the US, a physical MetaMask card will also be available for cryptocurrency payments on the Mastercard network. The launch is planned for April.
MetaMask's Vision for Web3: The Key Development Areas
MetaMask also listed several promising areas for Web3 development. "Ideas for eager developers" include: subscription payments, deferred transactions (allowing DEXs to purchase a token at a future price) and decentralised AI agents.
X
On 27 February, Joseph Lubin, CEO of Consensys, the MetaMask developer, announced that the US Securities and Exchange Commission (SEC) had agreed to dismiss the case against the crypto wallet. Lubin said that Consensys was "prepared to fight this case to the end, but is pleased with this outcome".
The SEC had sued Consensys in June 2024, alleging that the blockchain company had violated the law by providing a staking service via MetaMask. Consensys had received notice of the proceedings back in April of that year.
In response to the notice, Consensys had in turn sued the SEC for classifying Ethereum as a financial security, claiming that the regulator was "targeting" the MetaMask software. However, in September 2024, the court dismissed the lawsuit filed by Consensys.
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