Currently, the two leading blockchain platforms, Ethereum and Arbitrum, have both announced support for dApps (Decentralized Applications) standards. Even cryptocurrency wallet apps are adopting this standard to attract users. However, MetaMask has taken a different approach and has not yet planned to support this technology.
When asked about this matter, Lex Jupiter, the Product Director of MetaMask, stated that they are closely monitoring all new developments in the market and continuously improving to enhance user experience and keep up with industry trends. Recently, MetaMask introduced MetaMask Snap, a new feature.
MetaMask remains one of the top cryptocurrency wallet apps with a large user base, estimated to be around 30 million active users per month. However, this number has significantly decreased from the 100 million monthly users in 2022 due to the impact of market downtrend.
MetaMask aims to become a versatile cryptocurrency wallet that supports multiple blockchains, including both layer1 and layer2 solutions, and is compatible with various EVM (Ethereum Virtual Machine) standards, rather than focusing solely on one specific ecosystem.
Regarding the most frequently asked question from the community – “When will MetaMask release its own token?” – the product manager replied:
“MetaMask doesn’t necessarily need to have its own official token, so at the moment, we have no plans to launch a separate token for the project.”