MetaMask Spreads Wings To Other Blockchain Networks, Launches Snaps
Portfolio Pulse from Khyathi Dalal
Web3 wallet MetaMask has introduced a new software mechanism called Snaps, which will allow its usage on non-Ethereum Virtual Machine (EVM) blockchains such as Cosmos, Solana, and Starknet. Until now, MetaMask was operational on Ethereum and Ethereum-compatible blockchains. The company plans to launch 34 Snaps with different characteristics and has partnered with over 150 developers to accelerate the development work. MINA Protocol will be the first integration into MetaMask Snaps.
September 12, 2023 | 10:59 pm
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MetaMask, a widely used Ethereum wallet, is expanding to non-EVM blockchains. This could potentially impact the demand for Ethereum as MetaMask users have more options for blockchain networks.
MetaMask is a widely used Ethereum wallet. Its expansion to non-EVM blockchains means that users will have more options for blockchain networks, which could potentially decrease the demand for Ethereum. However, the impact is uncertain and will depend on the adoption rate of these new networks by MetaMask users.
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