cyrpto add, BTC, contract, features, MetaMask, smart, SOL, support Mark February 28, 2025 0 Comments

MetaMask to add BTC, SOL support and smart contract features

Metamask should launch a key update that will provide intelligent contract capacities and provide native management for Bitcoin and Solana networks.

The announcement, made on February 28 via the official Metamask account, marks a major update for the portfolio, which mainly focused on Ethereum (Ethn) ecosystem.

The update will include a redesigned user interface, the possibility of managing several seed sentences in a single portfolio and abstract gas Fresh, which will allow users to pay transactions using any token rather than ETH.

We revise the metamasque ui / ux. 🦊

Not only do we provide developments that will increase the whole industry.

This is what we cook.

🧵👇 pic.twitter.com/tplkdwr9bz

– metamask.eth 🦊 (@metamask) February 28, 2025

In addition, the platform plans to launch intelligent transactions, a feature designed to prevent unsuccessful transactions and restrict the assaults of MEV. After the next Pectra d’Ethereum upgrade, Metamask will also introduce intelligent account features that will improve the car-leather procedure.

This version will make Metamask a transverse portfolio which favors security and conviviality while managing the active ingredients of many blockchains.

The announcement follows a regulatory victory for consensys, the parent company of Metamask. As before reported By crypto.News on February 27, the American Commission for Securities and Exchange has abandoned its investigation into the Ethereum Development Society.

ACPSENSYS was accused of having operated as a broker in unregistered securities, as part of a greater repression led by the former president of the SEC, Gary Gensler. However, the agency has softened its position and rejected business against UNISWAP, GEMINI, COINBASE, OPENSAA and ROBINHOOD since the acting president Mark Uyeda took office.

The founder of Ansensys and co-creator of Ethereum, Joseph Lubin, described the victory decision for the cryptocurrency industry.

I am happy to announce that consensys and the SEC have in principle agreed that the case of applying securities concerning Metamask should be rejected. Subject to the approval of the commission, the SEC will file a stipulation with the court which actually closes the case. …

– Joseph Lubin (@ethereumjoseph) February 27, 2025

Despite Metamask’s continuing domination from the self-toilet portfolio market, competition is intensifying. Phantom, the most popular portfolio on Solana (GROUND), has cultivated to 15 million users since its launch in 2021.

Phantom began as a Solana portfolio only but has since been branched towards the Ethereum ecosystem. The recent Metamask roadmap indicates an attempt to keep its first place in the cryptocurrency portfolio space in rapid development.