Metamaska is ready to launch an important update that will bring smart contract capabilities and provide native assistance for bitcoin and solana networks.
The announcement made on 28 February through the official X account of Metamaska is a major update for wallets, mainly focused on the Etharium (ETH) ecosystem.
The update will include a re -designed user interface, the ability to manage multiple seed phrases and abstract gas fees, which will enable users to pay for transactions using any token instead of eth.
In addition, the platform plans to launch smart transactions, designed to prevent unsuccessful transactions and restrict MeV attacks. After the next pectra upgrade of Ethereum, the Metamask will also introduce smart account features that will increase the self-costi process.
This version will make Metamaska a cross-chain wallet that prefer security and purpose when managing property from multiple blockchains.
The announcement follows a regulatory victory for consensus, the original company of Metamaska. As reported by Crypto.news on 27 February, the US Securities and Exchange Commission has demolished its investigation on the Etreum Development Company.
The consensus was accused of acting as an unregistered securities broker, as part of a large crack led by former SEC President Gary Gensler. However, the agency has softened its position and has dismissed cases against Uniswap, Gemini, Coinbase, Openia and Robinhood since the post of interim chair mark Uyda.
Joseph Lubin, the founder of Consensys and co-producer of Ethereum, called the decision a win for the cryptocurrency industry.
Despite the constant dominance of Metamaska in the self-custody wallet market, the competition is intense. The most popular wallet on Solana (Sol) has increased to 15 million users since the launch in 2021.
Phantom began as a solana-keval wallet, but since then the atherium has been taken out for the ecosystem. The recent roadmap of Metamaska indicates an attempt to hold its top position in the rapidly changing cryptocurrency wallet space.
