EVM Wallet Address Explained + New Trends in Multichain Wallets for 2025

What is an EVM Wallet Address - Technical and Format Concepts

“EVM Wallet Address” is the unique on-chain identity for users to send and receive assets and interact with smart contracts in the Ethereum Virtual Machine (EVM) ecosystem. It typically starts with “0x” followed by 40 hexadecimal characters, for a total length of 42 characters.

The process of generating an Address is roughly as follows:

• Create Private Key (Randomly Generated)
• Calculate the corresponding public key from the private key
• Hash the public key and take the last 20 bytes as the Address.

Since the address is derived from the public key, anyone with the private key can fully control the corresponding on-chain assets. In other words, private key = asset ownership itself.

The transparency of EVM addresses is also very strong: anyone can view the balance, transaction history, and historical behavior of that address on the blockchain explorer, so it is also a “public account.”

Introduction to blockchain ecosystems and compatible chains that support EVM Addresses

EVM Addresses are not exclusive to Ethereum. Any chain that is EVM compatible can use the same address. This includes:

• Ethereum
• BNB Chain
• Polygon
• Avalanche C-Chain
• Arbitrum
• Optimism
• Base
• Fantom
• Various EVM compatible L2 / L3

The common point of these chains is: they use the EVM mechanism internally, which allows for sharing the same set of public/private key system, thereby allowing the same 0x Address to be universally applicable.

This means: you can manage assets from multiple chains with a single address.

This greatly enhances convenience for users and lowers the learning threshold.

How to generate EVM Address with Wallet? Mainstream Wallets and Operation Process

Most mainstream crypto wallets can easily generate EVM addresses. The process usually goes as follows:

• Open your Wallet application (such as MetaMask, Gate Wallet, etc.)
• Select “Create New Wallet / Create Wallet”
• Wallet generates seed phrase
• You confirm and back up the mnemonic phrase.
• The wallet automatically generates your first EVM Address based on the private key.

The entire process takes about 1 minute. Newcomers do not need to understand cryptography, just need to do the following things:

• The mnemonic phrase must be stored offline.
• Do not take screenshots.
• Do not save in the phone album
• Never input into unknown websites.

As long as the mnemonic phrase is safe, your EVM Address assets are safe.

2025 New Features: Multichain Wallet Support

In 2025, the development of the Multichain Wallet will enter a new stage.

For example:

• Most mainstream wallets have started to offer Multi-chain Accounts.
• A single account can simultaneously generate EVM Address, Solana Address, COSMOS Address.
• The wallet will automatically identify which chain the assets belong to.
• Future development directions may even include simultaneous support for Bitcoin accounts.

This trend makes “Single Wallet = Multichain Asset Center” a reality.

Main benefits for users:

• An account can manage multiple chains.
• No need to create an Address for each chain.
• Cross-chain asset management is easier.
• Easier to participate in DeFi / NFT / airdrops.

As more wallets integrate chain ID standards and cross-chain asset display, multichain wallets are gradually becoming the mainstream direction of Web3.

Practical scenarios for using Address: Recharge/Withdraw/DeFi/NFT

After obtaining the EVM Address, you can execute in Web3:

1. Deposit / Withdraw

Exchanges, wallets, and apps all support receiving payments via EVM Address. However, it is important to note: when depositing, you must select the correct chain (ERC20 / BSC / Polygon, etc.), otherwise the assets may not be recoverable.

2. DeFi operations

• Swap Trade
• Liquidity Provision
• Staking, Lending
• Airdrop Claim

These all require EVM Address.

3. NFT related operations

• NFT Minting
• NFT Trading
• NFT Market Usage (OpenSea, Blur, etc.)

4. Cross-chain / Bridging Operations

Many cross-chain bridges allow the transfer of assets between different chains using the same EVM Address.

Safety tips and common beginner mistakes

1. Mnemonic phrase / Private key leakage = All assets will be lost

It is important to remember: no official team will ask you for your mnemonic phrase or private key.

2. Selecting the wrong chain leads to assets being unrecoverable

For example: send ETH to BNB Chain or send ERC20 to non-EVM chain

These errors are very common and also the most dangerous.

3. No distinction between contract address and personal address

Beginners often confuse “contract address” with “wallet address”.

Causing assets to be sent into a smart contract, unable to be returned.

4. Manual input of the Address causes character errors

It is recommended to always use:

• Wallet auto-copy
• QR code scanning

This can avoid asset loss caused by typing errors.

Conclusion: The Importance of EVM Addresses and Usage Recommendations

EVM Wallet Address is not just an account; it is also a “digital ID” that allows you to enter the Web3 world.

With the evolution of the Multichain Wallet in 2025, EVM Addresses are no longer limited to the Ethereum ecosystem, but have become the core bridge for cross-chain asset management. For beginners:

• Choose a large, stable Wallet application
• The storage of the mnemonic phrase is the most important.
• Each transaction confirms the chain network
• Try to learn to use the Multichain Wallet to improve efficiency.

Understanding and safely using EVM addresses will lay the strongest foundation for your future entry into Web3.