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MetaMask Announces Overhaul, New Features and More

March 3, 2025
in News
Reading Time: 3 mins read
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Popular self-custodial cryptocurrency wallet MetaMask is set to undergo a significant overhaul.

The update introduces a revamped user interface, support for additional blockchain networks, and changes to transaction processing. Notably, Bitcoin and Solana will be natively supported for the first time, allowing users to manage assets across multiple blockchains within a single wallet. Additionally, a new gas abstraction system will enable users to pay transaction fees using a variety of tokens, reducing reliance on ETH.

The update also includes the launch of the MetaMask Card, which will allow users to spend cryptocurrency directly at participating merchants. These changes aim to improve the wallet’s functionality and accessibility whilst maintaining its commitment to decentralised self-custody.

MetaMask Announces Overhaul, New Features and More Source: MetaMask

What changes are coming to MetaMask?

MetaMask is introducing several updates that aim to simplify the user experience and expand its capabilities across multiple blockchains. These updates include:

  • User Interface Overhaul – The redesigned interface is expected to improve navigation and make transactions more transparent, reducing complexity for users managing assets across different networks.
  • Bitcoin and Solana Integration – MetaMask is expanding beyond Ethereum to include:
    • Bitcoin (Expected Q3 2025) – Users will be able to store, send, and receive Bitcoin without needing wrapped tokens or third-party wallets.
    • Solana (Expected May 2025) – Users will gain the ability to interact with the Solana ecosystem, including transactions and decentralised applications (dApps).
    • A new Multichain API will facilitate seamless interaction across Ethereum, Solana, Bitcoin, and other networks without requiring manual switching.
  • Gas Fee Abstraction – The update will allow users to pay gas fees with a variety of tokens instead of only ETH. This feature, expected to roll out by March 2025, is designed to make transactions more flexible.
  • Smart Transactions – A new system designed to improve transaction efficiency and security, reportedly achieving a 99.995% success rate by minimising failed transactions and front-running risks.
  • MetaMask Card – A new payment card, launched in partnership with Mastercard, will enable users to spend cryptocurrency at participating retailers:
    • Virtual Card (Available Now) – Eligible users can sign up to use the card for online transactions.
    • Physical Card (Expected April 2025) – A metal card for select regions will allow direct crypto spending in physical stores.
MetaMask Announces Overhaul, New Features and More
MetaMask Announces Overhaul, New Features and More Source: MetaMask

What’s next to MetaMask?

Beyond these updates, MetaMask is implementing additional security measures, including Smart Accounts set to launch following Ethereum’s Pectra upgrade. These accounts will introduce:

    • Multisig wallets with spending controls to improve fund management.
    • Delegated permissions allowing users to automate certain transactions securely.
    • Revocable security settings to offer better protection against unauthorised transactions.

MetaMask’s updates reflect broader trends in the cryptocurrency industry, where usability and interoperability are becoming increasingly important.

Credit: Source link

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