Leading Ethereum wallet MetaMask announces support for Cardano wallet Snap, a solution developed by Web3 self-custody wallet provider NuFi.
Per a recent announcement, this integration will allow MetaMask users to interact with the Cardano blockchain. In particular, MetaMask users can leverage the solution to create Cardano accounts and interact with Cardano decentralized applications (dApps).
The solution will also allow users to manage their Cardano native assets, including ADA and other tokens. This initiative, funded by Catalyst, simplifies the process of exploring the Cardano network for people already familiar with MetaMask.
Cardano Wallet Snap Integration on MetaMask
For context, the NuFi team used MetaMask’s Snap feature to integrate Cardano support into the popular Ethereum wallet. The Snap feature allows third parties to enhance MetaMask’s functionality by adding community-built extensions to the wallet.
Through NuFi’s Cardano wallet Snap, users can generate Cardano keys from the MetaMask seed phrase. The feature allows MetaMask users to buy ADA with credit cards or exchange other assets for the Cardano native token.
Adding Cardano Snap
Adding the Cardano Wallet Snap to MetaMask does not require any technical expertise. The steps include installing the Snap, visiting the NuFi platform, and connecting MetaMask to the extended wallet.
Upon adding the Snap, users will receive a Cardano Wallet and address, where they can receive funds to interact with Cardano dApps.
Users can find their favorite Cardano decentralized application in the dApp directory and link it to their wallet. The NuFi widget serves as a bridge between MetaMask and the Cardano Wallet.
As a result, all signed transactions must first be approved in the Snap and later confirmed in the MetaMask interface before a submission to the Cardano blockchain. It bears mentioning that the Cardano Wallet Snap is available on MetaMask version 12.0.0 and above.
Cardano Sees Major Support Since Chang Hard Fork
The development comes shortly after Cardano completed the Chang hard fork, marking the network’s move to the Voltaire era. Following the upgrade, Cardano has received enormous support from multiple crypto projects.
As reported earlier, Cardano’s major rival, Polkadot, welcomed the project to on-chain governance.
Furthermore, speculations have emerged that DexScreener, a prominent DEX analytics platform, might soon support Cardano. Popular Cardano community member “EL” said the DexScreener team is currently in discussion with Cardano-based decentralized exchanges, including Dex Hunter, Minswap, and Saturn Swap, regarding the upcoming integration.
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Source: https://thecryptobasic.com/2024/09/05/metamask-users-can-now-interact-with-cardano/?utm_source=rss&utm_medium=rss&utm_campaign=metamask-users-can-now-interact-with-cardano