Phantom Wallet Announces Support For SUI Network
in latest blog postalThe Sui Foundation has officially revealed that top non-custodial multi-chain cryptocurrency wallet Phantom Wallet will be integrated with the Sui network.
Phantom has the largest on-chain wallet user base in the web3 field, with approximately 7 million monthly active users. With total on-chain transactions exceeding 560 million this year alone, Phantom is making waves with its outstanding features such as staking, in-app token swaps, NFT storage, multi-chain support, and seamless Ledger hardware wallet integration. Made waves.
This development marks a pivotal moment for the Sui Network, as it becomes the first blockchain outside of Solana, Bitcoin and Ethereum to receive support for this innovative wallet.
“The integration of Phantom Wallet with Sui represents a huge leap forward for the Sui ecosystem, which now has access to a best-in-class wallet experience with multiple features that the Sui community has been requesting,” said Jameel Khalfan, Global Head of Ecosystems. Sui Foundation. “Phantom Wallet is selective about the chains it supports, and we are proud to now join this prestigious group.”
Phantom’s integration will provide Sui users with a powerful and secure wallet solution. It is also accessible as a browser extension for Chrome, Firefox, Edge, and Brave, as well as a mobile app for iOS and Android devices.
“We’re excited to bring Sui support to the millions of Phantom users,” said Phantom CEO Brandon Millman. He emphasized that Sui’s thoughtful approach to scalability and developer-centric solutions is consistent with their commitment to high-performance blockchains.
The integration of Phantom Wallet into the Sui Network is an important step toward increasing interoperability and demonstrates the growing interest among wallet providers and dApp developers in a multi-chain future.
Notably, Sui’s value has increased by more than 100% in the past month, with the blockchain’s market capitalization reaching $10.8 billion amid growing interest in alternative Layer 1 blockchains. Sui currently ranks eighth among blockchain networks in terms of total value locked (TVL) at $1.5 billion.
