- MetaMask to support Solana in May and Bitcoin by Q3 2025.
- New feature allows users to batch transactions for cost savings.
- Physical debit card available in select U.S. states in March.
MetaMask has unveiled a new roadmap designed to improve its wallet features and enhance user experience. The new plan includes support for Bitcoin and Solana, smart contract capabilities, and a physical debit card launch. The wallet also aims to revamp its user interface to make transactions more seamless and reduce complexities for users.
MetaMask Introduces Smart Contracts and ERC-5792
MetaMask will add smart contract capabilities to its wallet to enhance security and flexibility in recovery mechanisms. Currently, the wallet operates as an Externally Owned Account (EOA) which relies on private keys for control. This new functionality improves security through smart contracts, which eliminate the risks associated with human error.The move also aims to expand user control through programmable accounts, enhancing flexibility and security for transactions.
MetaMask will also introduce ERC-5792, a feature that supports batched transactions. This allows users to combine multiple actions, such as “approve + swap,” into a one transaction, saving both time and gas fees. Dan Finlay, MetaMask’s co-founder, emphasized that this feature would simplify complex transactions and reduce transaction costs for users.
Updates to Add Bitcoin and Solana Support
MetaMask will add support for Bitcoin and Solana to its wallet . Solana integration is expected to roll out in May, marking the first non-EVM chain supported by the wallet. Bitcoin support will follow in Q3 of the year. This will allow users to access both Bitcoin and Solana from their wallet without additional wallets or wrapped tokens.
Moreover, MetaMask will overhaul its user interface to make the experience smoother. The wallet will introduce features such as gas-included swaps, enabling users to swap tokens without need for ETH in their wallets. Furthermore, the wallet will support multiple Secret Recovery Phrases (SRPs) to allow users to manage different wallets from a single app.
MetaMask will also launch its physical debit card in mid-March. The card will enable users to spend their crypto assets at any merchant that accepts Mastercard. Initially launched in the UK and EU, the physical card will be offered in select U.S. states, to enable users to spend their crypto assets.
Consensys Settles Legal Dispute with SEC
MetaMask’s developer, Consensys, has resolved a legal case with the U.S. Securities and Exchange Commission (SEC) related to MetaMask’s staking service. The SEC had alleged violations of securities laws, but the case has now been settled. This follows a similar resolution in the SEC’s case against Coinbase earlier this year.
These developments indicate MetaMask’s efforts to improve its wallet’s capabilities, security and user experience.The addition of new features and support for popular blockchains aims to enhance its position in the competitive crypto wallet market. The planned updates demonstrate the company’s commitment to provide a seamless, efficient, and secure wallet experience for its users.