Sui Integrates with Phantom Wallet

Sui Expands Reach with Phantom Wallet Integration

Phantom Wallet, a popular multichain crypto wallet, has integrated the Sui blockchain, granting its 15 million users direct access to the Move-based network.

This significant development adds Sui to a list of supported blockchains including Bitcoin, Ethereum, Base, and Polygon, showcasing Phantom's commitment to multichain functionality. Initially focused on Solana, Phantom's expansion demonstrates the growing adoption of diverse blockchain technologies.

Key Benefits for Users

• Send, receive, and manage SUI tokens.
• Access Sui-based decentralized applications (dApps) like Suilend and Bluefin.

The integration is a major win for Sui, further solidifying its position within the crypto space. Its recent success as the second-largest destination for Ethereum outflows via Wormhole underscores its increasing popularity among users seeking alternative blockchain solutions.

“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,” said Brandon Millman, CEO of Phantom.

Sui's Growing Ecosystem

Sui's Total Value Locked (TVL) currently stands at $1.6 billion, having recently peaked at $2 billion on January 4th. While its native token, SUI, is currently down 31% from its all-time high, it remains up 180% year-over-year.

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