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Phantom to end Monad support on August 26 as co-founder urges wallet switch

Phantom to end Monad support on August 26 as co-founder urges wallet switch

Phantom says users must swap or migrate Monad assets before support ends on August 26, while Monad co-founder Keone Hon calls the move a setback and points users to other EVM wallets.

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Fact Check
The official Phantom X account (@phantom, July 25, 2026) explicitly states Phantom 'plans to end its support for Monad network on August 26th' and confirms the claim's specific details: assets remain fully accessible, users can import their Recovery Phrase into a Monad-compatible wallet, or swap to wrapped MON on Solana. BlockBeats corroborates the August 26 date. Some secondary outlets (Odaily, PANews) and an aggregator tweet cite August 12, creating conflicting evidence, but the official primary source clearly supports August 26 and all substantive migration details in the claim.
Summary

Phantom said it will end support for the Monad network on August 26, after previously revising the cutoff from August 12. After that date, users will no longer be able to view, send, swap or interact with Monad-based assets in the app, though balances will remain on-chain and accessible through another compatible wallet. Phantom said users can either swap MON inside the app before the deadline or export their Secret Recovery Phrase and import it into another supported wallet; it has waived its own fee on cross-chain swaps from native MON to wrapped MON on Solana until August 26, while network and exchange fees still apply. Monad co-founder Keone Hon said Phantom is narrowing its focus to its core business, called the change a step backward for Monad, and urged users to consider other EVM-focused wallets including MetaMask, Backpack, Rabby, Rainbow, InfinEx and Ambire.

Terms & Concepts
  • Secret Recovery Phrase: A wallet backup phrase that users can import into another compatible wallet to regain access to the same address and balances.
  • Wrapped MON: A Solana-based version of MON that Phantom said users can swap into before Monad support ends.
  • EVM: Ethereum-compatible network standard.