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Home/News Feed/Monad proposes wallet upgrade to change keys without losing address or assets

MON

Rp299

+Rp24 +8.55%

Monad proposes wallet upgrade to change keys without losing address or assets

Protocol Fundamentals

25 Aug 2026

Blockonomi

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Bullish

Monad has proposed a wallet security upgrade allowing users to replace or retire keys without changing their wallet address, enabling account recovery and stronger security options like multisig and quantum-resistant methods. This upgrade separates the permanent account address from transaction approval keys, addressing current risks of losing access if private keys are lost. The proposal is still in early draft form, with technical details and implementation timelines pending. Monad's DeFi ecosystem holds nearly $1 billion in total value locked, and its token MON has gained over 40% in the past month, reflecting growing network activity and investor interest.

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