Will Metamask really launch his token before 2026?

Metamask, the essential crypto portfolio of the Ethereum ecosystem, could finally launch its token. Joe Lubin, CEO of Consensys, has just announced that this launch could occur “earlier than expected”. A promise that excites traders … but which also leaves many doubts.

The timing on the launch of the Token Metamask panics the markets

Joe Lubin, co -founder of Ethereum and CEO of Consensys, recently told the media The Block that the Metamask token was “on the way” and that it could be born “earlier than expected”. An announcement that revives excitation around the famous Token Mask, expected for several years by the Crypto community.

But in the prediction markets, enthusiasm is far from unanimous. On Myriad Markets, traders only grant 32 % likely to a launch before November 1. An estimate that contrasts with the insurance displayed by Lubin.

Polymarket is a little more optimistic, evaluating at 46 % the probability of a deployment by the end of 2025.

This caution is explained by the history of Metamask. Since 2021, Lubin regularly evokes the arrival of a token without ever delivering a precise calendar.

The team has always defended a “progressive decentralization” strategy, preferring to consolidate the technical bases rather than yielding to an opportunistic rush to liquidity. An approach that reassures the solidity of the project, but which ends up irritating investors looking for clarity.

Market skepticism Also rest on three key factors. First, Consensys, Metamask parent company, is under pressure from a trial brought by the dry, a potential obstacle for the calendar and the distribution methods of the token.

Second, Lubin's words remain voluntarily vague: “earlier than expected” remains an imprecise formula, without concrete horizon. Finally, too early a launch would risk repeating the errors of other projects, criticized for their lack of maturity and the volatility they have caused.

An ecosystem in full structuring for the token era

Metamask has not slowed his pace in recent months, however. The portfolio has chained strategic innovations that strengthen its central role in the ecosystem:

• Musd, a stablecoin deployed on Ethereum and Linea, which illustrates an infrastructure already calibrated to accommodate new assets.
• The Social Login via Google and Apple, which radically simplifies the user experience and prepares a massive onboarding of newcomers.
• The Metamask Metal card, thought of as a bridge between blockchain and daily life, allowing you to spend your cryptos without going through the banking box.
• The integration of Solana and the .sol addresses, which opens the way to a multi-chain positioning and strengthens accessibility.

These advances are not anecdotal: they reflect a clear strategy aimed at Metamask much more than a simple Ethereum portfolio. The stated objective is to lay the foundations for a real decentralized neobank, capable of competing with certain centralized solutions.

However, several gray areas remain. Neither the economic model of the future token, nor the distribution methods (Airdrop, Staking, Retroactivity?) Are clearly defined.

As for its exact utility, it still remains to be specified: will it be centered on governance, on the reduction of costs or on access to exclusive services? Without white paper or official roadmap, speculation still dominates.

One thing is certain: the launch of the metamask token seems closer than ever. The ecosystem is growing, the infrastructure is in place, and the recent declarations of Joe Lubin add an additional weight to this anticipation. It remains to be seen whether the traders will be able to capture the right timing in this waiting game which, for years, has maintained the whole community in suspense.