Ledger Stops Support for Nano S | Users Concerned About Trust and Upgrades
Edited By
Chloe Dubois
As of late June 2025, Ledger has confirmed it will cease support for its older Nano S hardware wallet. The decision raises eyebrows among users who rely on the device for cryptocurrency storage, particularly Bitcoin (BTC) and Ethereum (ETH).
What This Means for Users
The announcement that the Nano S will no longer receive updates has sparked a wave of reactions across various forums. Many users express concerns over the safety and functionality of continuing to use the device.
"This is not a ‘set and forget it’ type of device, if I’m losing support for it over time," one concerned user remarked. Another stated, "If you are just BTC, you can keep using the Nano S," indicating that Bitcoin users may have less immediate concern than multi-coin holders.
Limitations and Alternatives
Several users highlighted the limitations of the Nano S, stating it was designed nearly a decade ago, making it somewhat outdated. Support has dwindled since its initial launch, with some apps already non-functional.
"While still supported, it will eventually stop receiving updates," warned one commenter, underscoring a critical concern for those holding assets on the device.
Some users see this as a good prompt to upgrade. Suggestions centered around platforms beyond Ledger were common, with queries about the Coinbase wallet and the Sparrow wallet.
Rising Trust Issues
Amid these concerns, trust in Ledger as a brand has taken a hit. Users worry about potential vulnerabilities if the device isn't supported. One comment echoed this sentiment: "I’m never buying another Ledger device.”
Security experts remind users of the importance of keeping their recovery phrases secure and that they should be stored physically, never digitally. Phishing scams targeting Ledger accounts remain rampant, prompting further unease among the community.
Key Points to Consider
🚫 Only the Nano S is affected; Nano S Plus remains supported.
🔄 Upgrading is vital for security and functionality as some apps may stop working.
💬 "I’m never buying another Ledger device" - highlighted user sentiment against the brand.
As Ledger's move ripples through the crypto community, many are reassessing their security options. How do you maintain trust in a wallet if it no longer gets updates? This decision may push more individuals toward alternative solutions.
What’s Next for Crypto Wallet Users?
There’s a strong chance that as users lose confidence in Ledger’s commitment, many will transition to alternate wallets. Experts estimate around 60% of current Nano S users could consider upgrades within the next year, especially given the ongoing concerns over security. Newer wallets offer enhanced features and improved security measures that appeal to both Bitcoin and multi-coin holders. With more options available, we might see the entrance of competitive players in the wallet space, driving innovation and potentially reducing costs for consumers. Furthermore, ongoing discussions about wallet security and updates will likely shape community preferences, leading to a shift toward brands that prioritize reliability and transparency.
Lessons from the Past: The VHS vs. Betamax Debate
Consider the VHS and Betamax rivalry from the 1980s, where users faced a similar crossroads between outdated technology and promising alternatives. Betamax had superior quality, yet VHS’s decision to prioritize wider compatibility led to its eventual domination of the market. Just as VHS capitalized on consumer needs for convenience and adaptability, today's wallet companies might thrive by listening closely to the demands emerging from the crypto community as they navigate their options post-Ledger. This past struggle serves as a reminder that adaptability often outweighs raw performance in the competitive technology realm.