Bitcoin in MetaMask: Why you should put all your crypto eggs in one basket
MetaMask spent years because the default gateway to Ethereum, the browser extension that turned “join pockets” into muscle reminiscence for hundreds of thousands of customers.
Now Consensys is betting that very same reflex can work throughout blockchains. In late May, MetaMask flipped the swap on native Solana assist, letting its 30 million month-to-month energetic customers handle SOL and SPL tokens with out putting in Phantom or some other Solana-first pockets.
Bitcoin assist sits someplace on the 2025 roadmap, initially slated for the third quarter however not but shipped.
If it lands, MetaMask will turn into the primary major pockets to natively assist Ethereum, Solana, and Bitcoin. These three ecosystems have traditionally required separate apps, seed phrases, and psychological fashions.
The timing isn’t delicate. Artemis knowledge from June confirmed that Solana’s month-to-month energetic addresses matched these of each different layer-1 and layer-2 community mixed.
Solana stopped being the “Ethereum various” and began wanting just like the place the place precise customers had been exhibiting up.
For MetaMask, that created an uncomfortable dynamic: the pockets with the most important distribution was lacking the chain with probably the most exercise.
Phantom, the Solana-native incumbent with 15 million month-to-month energetic customers (MAUs) and $25 billion in consumer belongings, had already made the other transfer, including assist for Ethereum and Bitcoin all through 2024.
The multichain pockets wasn’t a future idea; it was already right here, and MetaMask was late.
The UX thesis: one account, three rails
What MetaMask is proposing goes past characteristic parity. The product now provides a unified portfolio view throughout Ethereum and Solana, with swaps and bridges constructed instantly into the interface.
Users can import current Solana wallets utilizing the identical Secret Recovery Phrase that governs their Ethereum keys, collapsing what was a multi-app juggling act right into a single session.
When Bitcoin assist arrives, the loop closes: one restoration phrase, one interface, three fully completely different consensus mechanisms and cryptographic schemes.
The comfort is clear. The danger is much less mentioned however tougher to disregard. A single seed phrase now controls secp256k1 keys for EVM chains and ed25519 keys for Solana, with Bitcoin’s key derivation subsequent in line.
One compromised backup exposes each chain concurrently. Consensys has printed safety steerage across the multichain mannequin, however the trade-off stays: blast radius versus ease of use.
An extension bug earlier this yr that brought about MetaMask to put in writing extreme knowledge to SSDs on some Chromium setups didn’t assist the reliability narrative.
Consensys shipped a repair, however the episode underscored how extension-level failures can erode belief quicker than characteristic bulletins construct it.
This is the place account abstraction comes into play. Consensys pairs the multichain rollout with its Delegation Toolkit and the upcoming EIP-7702 normal in Ethereum’s Pectra improve.
These instruments allow fuel sponsorship, transaction batching, and session-style permissions, which compose the software program layer that lets wallets disguise seed phrases fully and execute multi-step flows with out repeated approvals.
The result’s what the business calls “invisible wallets,” the place customers work together with apps with out ever fascinated by keys, fuel, or chain IDs.
It’s a compelling imaginative and prescient, however EIP-7702 additionally opens new avenues for phishing. Malicious dapps can request broad permissions that allow them act on behalf of customers, and distinguishing legit requests from scams turns into the pockets’s job.
MetaMask’s safety alerts and the way aggressively it surfaces warnings round delegate permissions will matter as a lot because the UX enhancements themselves.
Shelf house as distribution
Wallet interfaces have turn into the brand new homepage.
If MetaMask surfaces Solana dApps, stablecoin bridges, and memecoin swaps in the default view, hundreds of thousands of EVM-native customers will pattern Solana not as a result of they researched the ecosystem however as a result of the trail of least friction pointed them there.
The similar logic applies to Bitcoin. Daily energetic addresses on Bitcoin routinely vary from 700,000 to 1 million, and ordinals plus inscriptions have turned BTC into one thing greater than a financial savings asset.
A local Bitcoin tab inside MetaMask would let Ethereum and Solana customers experiment with Bitcoin-based collectibles or Lightning funds with out switching contexts, and it could give Bitcoin-first customers a motive to attempt stablecoin swaps or DeFi protocols on quicker chains.
The strategic query is whether or not distribution alone can shift ecosystem gravity. MetaMask’s 30 million MAUs dwarf Phantom’s 15 million, however Phantom owns mindshare amongst Solana customers and has spent years constructing tooling round NFTs, token launches, and social discovery.
If MetaMask converts even 10% to 18% of its consumer base into energetic cross-chain members inside the first few weeks, it might imply a number of million individuals immediately shopping Solana dapps from an Ethereum pockets.
It’s not a winner-take-all consequence however reframes the aggressive panorama. Phantom will possible double down on energy options and community-driven discovery, leaning into what made it the default for Solana natives in the primary place.
MetaMask is betting that “adequate” cross-chain UX plus account abstraction rails will probably be extra precious than specialised depth.
The regulatory shadow and the super-app endgame
The SEC sued Consensys in June 2024, alleging that MetaMask Swaps and staking options generated greater than $250 million in charges with out correct dealer registration.
Consensys is contesting jurisdiction, and the case hasn’t killed momentum, but it surely provides a layer of uncertainty to each product growth.
Each new chain, swap route, and income stream invitations contemporary scrutiny.
Meanwhile, OKX Wallet operates as a full-fledged super-app, supporting 100+ chains and sensible account options, demonstrating what’s attainable when regulatory constraints are lighter.
Coinbase Smart Wallet took a special path fully, utilizing passwordless flows and embedded wallets to push previous 1 million accounts created over the summer season, all on Base, all EVM, no Solana or Bitcoin in sight.
Coinbase targets customers who don’t know they’re utilizing a pockets, arguably the true endgame for mainstream adoption.
MetaMask sits in the center: too seen to keep away from regulation, too decentralized to pivot into a completely custodial mannequin, and too massive to disregard the chains the place customers are literally spending time.
The multichain push is as a lot about survival as it’s about ambition. If pockets market share turns into a proxy for ecosystem affect, then the pockets that spans probably the most chains with the least friction controls the place the subsequent cohort of customers lands.
Phantom was first on Solana and Bitcoin, whereas MetaMask is attempting to be first with “every thing without delay.”
The pockets wars have shifted from key administration to defaults. Whoever owns the primary faucet, consisting of the preliminary connection, the primary swap, and the chain that masses when a brand new consumer opens the app, will steer the place hundreds of thousands of individuals suppose crypto occurs.
If MetaMask’s Bitcoin integration ships earlier than year-end, 2026 will open with a single interface that treats Ethereum, Solana, and Bitcoin as tabs in the identical browser relatively than separate universes. At that time, the query isn’t which chain wins; it’s which pockets decides.
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