- Blockchain Council
- January 20, 2025
ConsenSys, one of the leading blockchain software developers worldwide, is working rigorously on improving blockchain interoperability. It launched a new tool that supports and allows users to move tokens on different blockchain platforms on MetaMask crypto wallets. With this launch, the firm allowed users to bridge the gap across different blockchain networks by aggregating different blockchain networks in one place. The MetaMask bridge supports most major blockchains compatible with EVM (Ethereum Virtual Machine). These blockchains include Avalanche, Ethereum, Polygon, and BNB Smart Chain. The new tool launched by ConsenSys is to bridge the gap of Ether with Wrapped Ether, major stablecoins, and native tokens.
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According to ConsenSys, this new tool allows MetaMask users to move tokens from one network to another blockchain network without any hassle in finding a reliable bridge. According to MetaMask Bridges product manager Angela Potter, bridge cost, security properties, and speed differ significantly from each other, and it wastes a lot of time manually checking a ton of data every time a user tries to bridge.
She added that MetaMask Bridges automatically find you the best price available. Still, there is an option where users can choose from the available bridges according to the efficiency in performing the task. According to her, “MetaMask Bridges have curated the bridges that we think are the most decentralized and secure, and out of those, will recommend the best one for the user’s specific route.”
In November 2023, MetaMask expanded its Portfolio’s Bridge feature to allow bridging transactions for almost any token across supported networks. This improvement enables users to bridge most assets and receive their desired tokens on the destination network with a single approval, simplifying the process and minimizing the number of transactions.
Right now, its solution is in beta testing. Still, users can access it through a portfolio decentralized application launched recently that allows moving tokens on multiple blockchains on a single platform. The portfolio dApp was launched in beta back in September and is now available for users to bridge among networks easily.
As of July 2023, MetaMask increased the number of supported networks from four to nine, now including Arbitrum, Optimism, zkSync Era, Linea, and Base. Alongside this expansion, the bridging limit during the beta phase has also been raised from $10,000 to $50,000 per transfer.
Potter also confirmed that MetaMask is not charging any additional fee during the beta testing period. However, there was no statement or remark regarding the final release price for users. MetaMask is among the major software cryptocurrency wallets worldwide; it was launched in 2016 and was designed for the Ethereum blockchain. It is why MetaMask does not support the leading global cryptocurrency, Bitcoin.
On September 12, 2023, MetaMask Snaps became publicly available, further enhancing blockchain interoperability. This update allows MetaMask users to interact with non-EVM blockchains such as Bitcoin, Solana, and Cosmos, significantly broadening the wallet’s scope and usability.
Starting in 2025, ConsenSys announced a major development for MetaMask. The company will migrate MetaMask Institutional’s core functionality into the MetaMask Extension, Mobile, and Portfolio platforms. This marks a significant milestone, unifing the user experience across MetaMask’s three core interfaces.
Potter also said, “Some of the actual snaps allowed dApps to connect to Bitcoin, Solana, and Filecoin. Any dApp can utilize a snap once deployed, meaning EVM-compatible dApps can access the Bitcoin network through the enabled snap.”
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