Loading cryptocurrency prices...

Exodus to End Monero Support Aug 10; Users Advised to Move XMR Funds

Exodus to Discontinue Monero Support by August 2025; Monero Market Closing, Wallets Update, and XMR Sees Strong Growth

  • Exodus will discontinue Monero (XMR) support by August 10, 2025, and Monero Market will close operations by May 14, 2025.
  • Monero’s price, transaction levels, and blockchain statistics show robust growth over the past year.
  • Feather Wallet and P2Pool released new updates, enhancing user experience and software reliability.

Exodus announced it will end support for Monero (XMR) on August 10, 2025. Users who hold XMR in Exodus wallets are advised to import their mnemonic seeds into compatible wallets before that date, according to the company’s official notice. In a separate move, Monero Market confirmed it will cease operations by May 14, 2025, at 00:00 UTC, as stated in their announcement and on their website.

- Advertisement -

The latest release of Feather Wallet—version 2.8.1—brings several quality-of-life improvements, updated dependencies, and a minor enhancement with a new separator in the Revuo tab, as outlined in the changelog. Meanwhile, P2Pool published its v4.5 update, featuring new tools, bug fixes, and updated software libraries.

Key Monero blockchain statistics, collected on May 5, 2025, show the network reached a block height of 3,404,889 with a hash rate of 4.45 GH/s.

The average number of transactions per block was 44.94, bringing the weekly transaction average per day to 36,287. Each block produced a reward of 0.6 XMR.

Market metrics showed positive trends for Monero. Its market cap stood at $5.16 billion, with a street price of $273.01 per XMR. As of May 5, 2025, the price reached $279.70 in USD and €246.65 in EUR. Compared to the prior week, prices increased by over 6%, while monthly gains exceeded 24%.

- Advertisement -

Year-over-year, XMR rose 123% in USD and almost 112% in EUR. The coin’s trading pair with Bitcoin (BTC) saw a 6.3% weekly gain, with a yearly increase of nearly 50%.

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

Crypto Vet Arthur Hayes Warns Monad Could Crash 99%

Arthur Hayes warns that the new layer-1 blockchain Monad could lose up to 99%...

Ethereum Gas Limit Set to Rise 180M, Could Climb Higher in 2026

Ethereum aims to increase its gas limit to at least 180 million, potentially higher...

Warren Buffett’s Top 10 Quotes to Inspire Long-Term Investing

Warren Buffett emphasizes long-term investment as key to financial success.He advises against losing money...

Bitcoin Poised for Rally Amid Recession Fears, Says Crypto Expert

Bitcoin currently reflects a bearish global growth outlook, similar to the period during COVID-19...

CoinShares Drops SEC Solana ETF; KuCoin Gains EU MiCA License

CoinShares has withdrawn its SEC application for a staked Solana ETF after the underlying...
- Advertisement -

Must Read

A Beginner’s Guide To Cryptocurrency Mining

Cryptocurrency is considered one of the most popular forms of financial assets today. Many of these digital assets operate within blockchain technology which works...