MetaMask Enables Users’ Interaction With Cardano Blockchain

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The prominent Ethereum wallet MetaMask has announced its support for the Cardano blockchain. MetaMask disclosed its decision to integrate Cardano wallet Snap, enabling users to interact with the protocol’s blockchain.

This move is one of the recent and significant feats for Cardano, and it has gained significant traction within the crypto community. Also, ADA, Cardano’s native token, has reacted positively with impressive reclaims amid the growing attention on the blockchain.

MetaMask Integrated Cardano Wallet Snap

According to an X post, Ethereum’s leading wallet, MetaMask, has expanded its horizon within the crypto space by integrating the Cardano blockchain.

👌 Cardano Wallet Snap, built by @nufiwallet, enables MetaMask users to create @Cardano accounts, connect to Cardano dapps, manage ADA, tokens, NFTs, and more.https://t.co/dzg7i9FswO

— MetaMask Developer (@MetaMaskDev) September 3, 2024

This latest move will integrate Cardano Wallet Snap on Metamask. This will open up several possibilities for MetaMask and Cardano customers as they explore more features and functions using their wallets. 

According to the details, MetaMask users can conveniently create Cardano accounts to interact with the blockchain and its decentralized applications.

The NuFi team facilitated the extension by integrating Cardano on MetaMark’s Snap feature. With the integration, third parties can leverage the Snap feature to boost the functions of the Metamask wallet.

One of the key benefits is the ability to include community-based extensions on the wallet. Also, the integration makes it easy for users to explore the Cardano blockchain. They can even generate Cardano keys from the MetaMask seed phrase using the integrated Snap feature.

This process is quite simple for those already conversant with MetaMask’s functionalities. Additionally, MetaMask users can easily purchase Cardano’s native token, ADA, from their wallets. They can do so using credit cards or swapping compatible assets in their holdings for ADA coins.

MetaMask also revealed the steps for users to easily add the Cardano Wallet Snap to MetaMask without complex technicalities. The customer needs to download and install the Snap, then visit the NuFi platform to connect MetaMask to the wallet extension.

Cardano Witnesses More Support Within The Industry

The Cardano blockchain has recorded more support within the industry after its latest upgrade. Notably, the Cardano blockchain completed its Chang hard fork, transmitting the network to the Voltaire era.

One small step for Cardano; One giant leap for the industry https://t.co/ENXV41XdhZ

— Charles Hoskinson (@IOHK_Charles) September 1, 2024

Besides MetaMask, Cardano received the support of a key competitor, Polkadot, for on-chain governance. Also, on August 30, Chainlink disclosed the integration of its data streams for Cardano to enable low latency and secure market data on the network.

New assets supported by #Chainlink Data Streams ↓

ADA – @Cardano
ILV – @illuviumio
INJ – @injective
JTO – @jito_sol
LDO – @LidoFinance
ONDO – @OndoFinance
SUI – @SuiNetwork pic.twitter.com/hTXjpTtJtC

— Chainlink (@chainlink) August 30, 2024

Additionally, Chainlink’s integration could spur other decentralized exchanges (DEX) like Saturn Swap, Minswa, and Dexhunter to adopt the Cardano blockchain.

Before now, rumors circulated throughout the industry that DexScreener, the leading DEX analytics network, would be onboarding the Cardano blockchain. According to an X user, @TheUnpopularEL, the integration is now authentic.

So it's confirmed @dexscreener is definitely integrating Cardano and they are now in contact with Minswap, Dexhunter and Saturn swap as far as I know.

Cardano community made this happen and the algo community gave us a hand.

This is a W for onboarding people to $ADA

— EL (@TheUnpopularEL) September 3, 2024

The X user noted that DexScreener is already negotiating with Saturn Swap, Minswa, and Dexhunter as part of its preparation for Cardano integration.

Meanwhile, ADA recorded a moderate uptick following the latest upgrade and other support for the Cardano blockchain. ADA trades at $0.3266, reflecting a 0.11% increase over the past day.