The popular MetaMask wallet, known for managing Ethereum-based digital currencies, plans to add support for Bitcoin (BTC) and Solana (SOL) in the coming months. MetaMask announced this week that Solana will be added to the wallet in May, marking the first time this wallet will support a blockchain incompatible with the Ethereum Virtual Machine (EVM). Additionally, the project aims to add support for Bitcoin in the third quarter of the year. Meanwhile, Solana saw a 7.5% increase on Friday, defying the volatile trend of digital currency markets. MetaMask introduced these changes amidst a significant increase in its user base. According to ConsenSys, the development company behind MetaMask, the monthly active users of this wallet have grown from 19 million in September 2023 to over 30 million in January 2024, indicating a 55% increase in MetaMask users. It is noteworthy that the number of MetaMask users has almost reached its historical record of 31.7 million users in January 2022. Furthermore, MetaMask has recently partnered with Robinhood, allowing users to directly purchase digital currencies through MetaMask using Robinhood’s order engine. On the other hand, the U.S. Securities and Exchange Commission (SEC) has withdrawn its complaint against ConsenSys. The SEC had previously accused MetaMask of engaging in illegal activities as a securities broker. Visit the digital currencies’ real-time price page to monitor token and cryptocurrency prices live and instantaneously.
