It was first described by Eugène Louis Simon in 1900,[2] and is only found in Sri Lanka.

[3] Jerzy Prószyński considered that there was confusion over the identity of specimens described as Panachraesta paludosa so the transfer to Myrmarachne should be rejected.

The species did appear to be part of Prószyński's informal group "myrmarachnines".

[3] Myrmarachne is placed in tribe Myrmarachnini, part of the Salticoida clade of the subfamily Salticinae.

This article related to jumping spiders (Salticidae) is a stub.