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%.

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

Draper: Bitcoin’s Tech Pulls Crypto Innovation, Fiat Faces Extinction

Bitcoin offers an alternative for nearly 20% of unbanked adults globally, allowing them to...

Ethereum Whale Withdrawals Trigger Aave Liquidity Crunch, Rates Soar

Large investors withdrew $1.7 billion in Ethereum from Aave in the past week.The sudden...

US Bank Groups Urge OCC to Delay Crypto Trust Bank Applications

Five U.S. banking associations raised concerns with the OCC about crypto firm applications for...

Bitcoin Surges, Swings as Trump, Musk Drive Wild Crypto Moves

Bitcoin has experienced significant price swings after recently reaching a record high.Elon Musk and...

Bitcoin Drops 2% From $120K as Traders Brace for Deeper Correction

Bitcoin dropped over 2% from a daily high near $120,000, pulling in market liquidity...

Must Read

What Are Sniper Bots Used in Defi Trading?

You've heard about DeFi, but what about sniper bots? These high-speed trading tools are shaking up the crypto scene.But don't fret, you're not...