KEY ($0.00) TAKEAWAYS
- Phantom wallet integrates SUI, enhancing its multichain capabilities and offering access to Sui’s unique blockchain features.
- Sui’s object-centric model improves asset ownership, making it fast, secure, and accessible for Phantom’s 15 million users.
- Sui has rapidly gained traction, entering the top 10 by Total Value Locked and becoming a major destination for Ethereum outflows.
- The integration underscores Phantom’s commitment to a multichain future, aligning with its goal of making crypto accessible to all.
The Phantom wallet, a leading non-custodial multichain cryptocurrency wallet, has announced its support for SUI, a rapidly growing Layer 1 blockchain. This integration allows Phantom’s 15 million monthly active users to access SUI within their wallets, marking Sui as the only Move-based chain and the third Layer 1 fully supported on the platform. The announcement was made here.
Sui has gained attention for its object-centric model, which enhances asset ownership by making it fast, secure, and accessible. With this integration, Sui users on Phantom can now send, receive, and manage their SUI in one interface. They can also access tokens like BLUE ($0.18) and SEND ($1.65), swap SUI with thousands of tokens, and engage with decentralized applications such as Suilend, Navi, Aftermath, and Bluefin.
Founded in 2021, Phantom has quickly become a popular choice in the industry. In 2024, it facilitated 850 million transactions and offered features like in-app token swaps, NFT ($0.00) storage, staking, and seamless multichain integration. The integration with SUI reflects Phantom’s commitment to fostering a multichain future, providing users within the Solana ecosystem the opportunity to explore Sui’s unique blockchain.
Brandon Millman, CEO of Phantom, stated, “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 start of 2024, Sui has climbed into the top 10 by Total Value Locked (TVL), reaching over $2 billion on January 4, 2025. It has also become the second-largest destination for Ethereum outflows on Wormhole, indicating significant trust from the crypto community. The Phantom integration follows the success of Suilend, an evolution of the Solana-native Solend protocol.
Christian Thompson, Managing Director of the Sui Foundation, commented, “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.”
Phantom is available as a mobile app for iOS and Android, and as a browser extension for Chrome, Firefox, Edge, and Brave.
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