Know How To Add Solana To Metamask And Facts About Both Platforms

Metamask has been a dominant crypto wallet right from the beginning in the crypto sphere. It runs on the Ethereum ERC-20 protocols to ensure high compatibility. Thus, its innate support is limited to some cryptos only. The users holding tokens from other blockchains need to add them to Metamask often. One of those cryptos is Solana as it’s one of the fastest-growing blockchain networks.

Solana is a scalable decentralized network that facilitates the development of high-end dApps. It also supports various other decentralized solutions like Web3, NFTs, and much more. Being a non-ETH network, it doesn’t interact with Metamask very easily. 

Adding Solana to Metamask Using Binance Smart Chain

This method involves converting the SOL into wrapped Solana (wSOL). One can compare it with the compressed file that eases the transfer of data. However, it represents crypto from both blockchains with the same values. 

In essence, it denotes Solana on Ethereum momentarily and then restores its original state. Here’s how to do it step-by-step.

Step 1: Open CoinMarketCap Website

First, users need to open CoinMarketCap and go to Wrapped Solana’s token page. Once there, they need to click on “more” on the drop-down menu. After that, they need to select the contract address of Wrapped Solana. After that, they need to input the BNB Smart Chain (BEP20) section in the same list.

Step 2:  Using Metamask Extension

The next step is to open the  Metamask extension. Users will have to use the passcode to unlock it. But the Metamask app users can use a fingerprint, PIN, or a face ID to unlock it. After that, they need to select BSC as the default network.

Step 3: Import Tokens and Enter the Contract Address

Once they choose the Binance Smart Chain network, they need to choose the “Import tokens”. They just need to scroll down to the Metamask window to find it. After selecting it, they need to paste the contract address copied from the website. The next message after putting the address is the “Ticker and Token” symbol.

Next, the users can click on “Add Custom Token” and opt for “Solana”.  

The users should know that sending native SOL tokens to Metamask may cause a permanent loss of funds.

Adding Solana to Metamask Using An Alternate Method 

There’s another method that Solana users explore for adding it to Metamask. Some platforms accept Solana tokens as a means of exchange for NFTs and other crypto assets. Thus, if SOL holders simply use those wallets, they can simply execute the transaction.  

One such platform is Phantom Wallet which works as a mobile app and also a desktop extension. 

Step 1: Install the Phantom Wallet

To do that, users need to visit the Phantom website. Depending on the device, the user can download the app or the browser extension. 

Step 2: New Wallet Creation

Those who have downloaded the extension can simply click on the extension icon. Once the wallet screen appears, they can click on “Create a New Wallet”. Those who have downloaded the app can open the software and tap on “Create a New Wallet”.

Step 3: Enter Credentials

To create a new wallet, they need to put the credentials. The platform advises the users to create a strong password, put it in, and click on “Continue”. 

Step 4: Creating a Backup

After confirming the password, it’s time to create a “backup recovery phrase”. It needs to have the same level of intricacy so no one can guess it easily. Once done, they can put the characters, tick the box, and click on “Continue”. 

Step 5: Note Shortcut Keys

The shortcut key can be very useful in facilitating access to the wallet. It is recommended to note them down on a piece of paper and secure it.

Metamask is an open-source application that offers easy navigation and amazing support. It delivers better control and access to the funds on so many devices. Furthermore, the platform has been created to facilitate the management of tokens on all fronts. To make transactions easy, it doesn’t require users to secure the private keys every time. 

The Ethereum blockchain makes it a reliable choice with high adaptability. In addition, Metamask works on all major devices and browsers. 

Conclusion

Solana gets more scalable when it is connected with Metamask. The wallet comes with some exclusive features and helps the network get more users too. It enhances the interoperability and enables the blockchain to do more. By integrating the two, the Solana users make the most of this high-end wallet. Using the aforementioned methods, SOL holders can make their lives easier. 

Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.