Sui Network Now Integrated into Phantom Wallet

The industry-leading non-custodial multichain cryptocurrency wallet, Phantom, officially supports SUI.

Image from SUI Blog

Benjamin

• Updated: Wednesday, January 29, 2025, 18:06

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At a Glance

• Phantom which supports Solana, Ethereum, Bitcoin, and Base rolled out beta support for Sui Network.
• Phantom’s 15 million monthly active users can now access SUI within their wallets.

The most anticipated integration of the Sui Network into the Phantom wallet has finally rolled out marking it wasier for the Sui community. The Sui Foundation has announced that the Sui blockchain is now officially supported on Phantom, one of the leading non-custodial multichain cryptocurrency wallets, bringing its unique features to Phantom's 15 million monthly active users.

Sui with its object-centric model that makes asset ownership fast, secure, and accessible to everyone is well known for its parallel processing ability to finalize and speedy transactions in the blockchain industry.

Sui users can now on Phantom:

• Send, receive, and manage SUI tokens within one user-friendly platform.
• Access tokens built on the Sui token standard like BLUE and SEND.
• Swap native tokens of SUI with many of other tokens.
• From within the phantom wallet access decentralized applications (dApps) like Suilend, Navi, Aftermath, and Bluefin.

Brandon Millman, CEO of Phantom, expressed enthusiasm about the integration, stating,

When we transformed Phantom into a multichain wallet in 2023, we did so with the commitment that only the most capable chains would be integrated into the app. Sui's focus on scalability and its superior user experience aligns perfectly with Phantom's goal of making crypto accessible for everyone.

Since the beginning of 2024, Sui has not only entered the top 10 blockchains by Total Value Locked (TVL) but has also seen its ecosystem grow to over $2 billion in value locked as of January 4, 2025. Additionally, Sui has emerged as a significant recipient of Ethereum outflows through the Wormhole bridge, showcasing the growing confidence in its infrastructure.

Christian Thompson, Managing Director of the Sui Foundation, commented on the integration,

The launch of Sui as the first Move-based chain on the Phantom Wallet validates what the community has accomplished in the past year. Sui's time has arrived, and it is clear that the ecosystem is ready to onboard the next billion users into crypto.

This article was originally published on: Jan 29, 2025 at 06:06 PM

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