[Phantom to Cease Support for Monad Network on August 26, Users Can Migrate or Exchange Assets] BlockBeats News, July 25: Crypto wallet Phantom announced plans to end support for the Monad network starting August 26. Phantom stated that it will notify Monad users through in-app notifications and provide relevant support documentation to assist users in migrating or exchanging Monad native assets. The official announcement emphasized that all Monad assets will remain accessible. After the transition is complete, users can restore their mnemonic phrases to import them into wallets compatible with Monad or exchange their assets within Phantom for Wrapped MON on Solana. Phantom assured that user funds will remain secure throughout the migration process, with assets always under user control. Since Phantom operates in a non-custodial manner, on-chain assets belong to users, and restoring mnemonic phrases does not grant wallet providers control over the assets. [Original Link]