Unlocking Solana (SOL) DApps for Millions

• MetaMask Snaps has partnered with Solflare to integrate Solana support into MetaMask, making it easier for users to manage Solana assets.
• This integration is part of MetaMask Snaps’ broader strategy to expand its functionality beyond Ethereum-based networks, allowing seamless integration with non-EVM blockchains.

MetaMask Snaps has partnered with Solflare, a prominent Solana wallet service. This alliance enables users to effortlessly oversee their Solana assets within MetaMask, a wallet platform with a user base exceeding 100 million. This integration is poised to streamline the often arduous task of setting up a new wallet, a hurdle that has deterred numerous prospective Solana enthusiasts.

MetaMask adds support for Solana with Solflare

By installing the @solana Snap made by Solflare, @MetaMask users can:
Store Solana tokens and NFTs
Bridge seamlessly from EVM and get native SOL/USDC in under 40 seconds
Access all Solana apps that support Solflare pic.twitter.com/t3N8jOO6KT

— Solflare Wallet (@solflare_wallet) September 12, 2023

Filip Dragoslavic, one of the co-founders of Solflare, expressed that this integration holds the potential to be a significant milestone in introducing the vast user base of Web3 to the Solana ecosystem. This collaboration aligns with MetaMask Snaps’ broader strategy to enhance functionality and provide a more seamless user experience.

It’s important to note that MetaMask Snaps aims to expand its capabilities beyond blockchain networks that naturally support the Ethereum Virtual Machine. Snaps are modular software components that can be seamlessly integrated into the wallet, enabling MetaMask’s use on non-EVM blockchains like Cosmos, Solana, Tezos, Starknet, Algorand, and others.

The available Snaps have undergone thorough audits and received approval from ConsenSys, MetaMask’s parent company. However, the future vision for Snaps involves a decentralized community responsible for reviewing and approving new Snaps. This shift towards community-driven governance aligns with blockchain technology’s core principles of decentralization.

This integration not only empowers users to manage Solana’s native token, SOL but also facilitates interaction with various decentralized applications (DApps) within the Solana ecosystem. It also allows existing MetaMask users to connect their wallets across Ethereum and other Ethereum Virtual Machine (EVM) chains with the Solana blockchain.

Users can visit Solflare’s website or link their wallet to any Solana application to connect with Solana. Additionally,  users can bridge their EVM assets into the Solana network following a straightforward installation process.

MetaMask Snaps Open Beta

The announcement stated that MetaMask Snaps Open Beta marks a pivotal step in their journey towards establishing a fully permissionless ecosystem within MetaMask.

Furthermore, MetaMask Snaps is characterized as plugins that enhance user functionality, including support for Bitcoin. This launch introduces new blockchains, enhanced transaction security, and notification Snaps. Additionally, there are plans to incorporate additional APIs such as new account types, customizable assets, and home screen widgets. Notably, MetaMask collaborated with Agoric to develop the secure JavaScript confinement system utilized by Snaps, emphasizing it as a significant technical achievement.

This launch signifies a new phase for MetaMask, opening the door to greater community-driven creativity and innovation within the crypto wallet.

Recent Achievements

As of the time of this report, the crypto wallet boasted 34 Snaps that had received MetaMask’s approval. Earlier this month, MetaMask introduced a feature enabling users to convert crypto to fiat within the wallet. 

However, this functionality was initially accessible only to users in the United States, the United Kingdom, and select European regions, offering conversions for USD, GBP, and EUR.

Furthermore, the crypto wallet introduced Ethereum purchases via PayPal for its American users in May.

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