MetaMask, the Ethereum-based crypto wallet with over 30 million monthly active users, will launch native Solana ($SOL) support in May 2025, according to CEO Dan Finlay. This marks the first time MetaMask integrates a non-EVM chain, enabling direct access to Solanaβs ecosystem of decentralized applications (dApps) and decentralized finance (DeFi) protocols.
The integration allows users to store, send, and receive $SOL natively within MetaMaskβs interface while maintaining compatibility with existing Ethereum-based assets. Solanaβs $SOL traded at $166.42 at press time, with its 24-hour trading volume surging 18% to $3.2 billion following the announcement, according to KuCoin data.
Developers confirm the update will include automatic network detection for Solana dApps and streamlined swaps between EVM and Solana assets.
MetaMaskβs Strategic Expansion Beyond EVM Chains
This move ends MetaMaskβs exclusive focus on Ethereum Virtual Machine (EVM) chains like Polygon and Binance Smart Chain. The walletβs infrastructure now incorporates Solanaβs Sealevel runtime environment, requiring new transaction processing logic for its proof-of-history consensus mechanism.
Finlay emphasized this integration addresses growing demand for cross-chain functionality, stating, βSolanaβs high-throughput capabilities complement Ethereumβs security-focused design.β MetaMaskβs browser extension and mobile app will both receive updates, with testnet support expected by March 2025.
Solanaβs Ecosystem Readiness
Solanaβs ecosystem hosts over 400 dApps, including Serum DEX and Raydium, which saw immediate price impacts post-announcement. Key metrics:
- Serum (SRM): +3.2% to $0.48
- Raydium (RAY): +4.1% to $1.62
- Total Value Locked (TVL): $1.3 billion (+7% weekly)
The integration could funnel MetaMaskβs user base into Solanaβs NFT markets and gaming platforms. Solanaβs co-founder Anatoly Yakovenko noted, βThis bridges developer communities that previously operated in silos,β in a statement to The Defiant.
Market Impact and Trader Positioning
Derivatives data reveals increased bullish activity, with $SOL futures open interest climbing 22% to $1.8 billion. Crypto traders are monitoring two key levels:
Support | Resistance |
---|---|
$158 | $172 |
Analysts suggest the integration may pressure competing wallets like Phantom to enhance cross-chain features. Ethereumβs dominance ratio dipped 0.4% following the news, though ETH prices held steady at $3,812.
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The MetaMask-Solana integration represents a watershed moment for blockchain interoperability, potentially reshaping liquidity flows between EVM and non-EVM ecosystems. Market participants anticipate volatility around the May launch date as traders position for anticipated user migration.