Phantom to Discontinue Support for Monad Network on August 26

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On July 25, Phantom announced it will cease support for the Monad network on August 26. The wallet will assist users in migrating or exchanging native Monad assets through in-app notifications and guides. Users can import their recovery mnemonics into Monad-compatible wallets or convert their assets to Wrapped MON on Solana. Phantom emphasized that all assets remain accessible and that the wallet remains non-custodial, ensuring users maintain control throughout the transition. This on-chain update follows a network upgrade decision by the Monad team.

ChainThink reports that, on July 25, according to official Phantom announcements, Phantom plans to cease support for the Monad network starting August 26 and will assist users in migrating or exchanging their native Monad assets through in-app notifications and support documentation.

Phantom stated that all Monad assets remain fully accessible.

After the transition is complete, users can import their recovery mnemonic into a Monad-compatible wallet or exchange their assets for Wrapped MON on Solana within Phantom.

Phantom emphasizes that it is a non-custodial wallet, meaning users always retain control of their on-chain assets, and their funds remain secure throughout the migration process.

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