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MetaMask Moves Beyond EVM, Targets Gas-Free Crypto Trading
Key Takeaways
- MetaMask will support Bitcoin and Solana, expanding beyond Ethereum-based networks;
- The wallet aims to remove gas fees and introduce batched transactions for smoother swaps;
- A redesigned home screen will display all assets across multiple chains in one place.
According to the February 27 announcement, the self-custody wallet will add Solana in May, the first time it supports a non-Ethereum
To make transactions easier, MetaMask is updating its gas-included swaps feature. This will allow users to pay transaction fees with any token they hold rather than just the one they are swapping.
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Over time, the company hopes to remove gas fees entirely to make transactions smoother for users. As MetaMask put it:
Longer term, we believe we can eliminate gas as a user-facing concern in nearly all interactions.
A new feature called batched transactions (ERC-5792) is also on the way. This will let users complete multiple transaction steps, such as approving and swapping tokens, with a single click.
Additionally, MetaMask is shifting from Externally Owned Accounts to smart contract-based accounts. This upgrade will introduce new ways to manage assets while improving security.
Furthermore, MetaMask is redesigning its home screen to display all assets across different blockchains in one place. This update aims to simplify navigation by removing the need to switch between networks. The company explained the reason behind the change, saying, “Users don’t want to think about another game mechanic every time they make an action”.
Meanwhile, Coinbase