Charles Guillemet, CTO of Ledger, confirmed that the Nano S is being phased out due to memory constraints that prevent it from supporting modern crypto apps and security features

Quotes that support claims

Ledger stated that the Nano S hardware has reached its technical limits, making it increasingly difficult to support modern blockchain applications and advanced security features.

Ledger will phase out software support and updates for its nine-year-old Nano S hardware wallet due to memory constraints that restrict the product from utilizing modern crypto apps and security upgrades, Chief Technology Officer Charles Guillemet explained on X.