MetaMask to Launch Multichain Wallet by October End

MetaMask plans to launch Multichain Accounts by the end of October 2025, enabling users to seamlessly manage both EVM (Ethereum) and non-EVM (Solana, soon Bitcoin) networks in a unified interface. This enhances asset management across varied blockchain ecosystems.

MetaMask’s expansion into Multichain Accounts is crucial for enhancing its platform with broader cross-network capabilities, impacting user accessibility and asset management.

MetaMask’s Multichain Accounts Introduction

MetaMask, a key Consensys product, will soon release Multichain Accounts, integrating both EVM and non-EVM networks. This marks a significant step, confirmed by their official website, aimed at unifying cross-chain asset management. Previously an Ethereum-exclusive wallet, MetaMask is now expanding its capabilities to include platforms like Solana and planned additions such as Bitcoin and Tron. Gal Eldar, Global Product Lead, highlighted the transformative nature to broaden MetaMask’s services into a comprehensive platform for onchain personal finance. This update is poised to affect cross-chain liquidity flow as users can now consolidate their assets. Industry leaders like Joseph Lubin and Dan Finlay support this vision, as seen through recent roadmap discussions.

Potential Impact on Total Value Locked (TVL)

MetaMask’s new account model potentially affects total value locked (TVL) across various chains, especially on the recently incentivized Linea network. With over $30 million in LINEA tokens earmarked for distribution, the effects on on-chain activity are significant. Developers have displayed positive sentiment across MetaMask’s GitHub and roadmap discussions, citing improvements in user experience and potential benefits for DeFi protocols. Gal Eldar emphasized:

MetaMask was built to give people true ownership of their assets. Now we’re extending that same principle to the world’s most important markets, giving people access without ever giving up custody. This marks another step in transforming MetaMask into an onchain platform for personal finance. Ultimately, we’re working not just to bring people onchain, but to create the reasons users will never want to leave.

These developments may influence various industry sectors and drive shifts in digital asset management trends.