Phantom Wallet announced support for the SUI network

In a recent blog post, the Sui Foundation officially announced that Phantom Pocket, a high-end protectionless multi-chain cryptographic wallet, will be integrated into the Sui network.

Phantom is the largest on-chain wallet user base in the Web3 landscape, boasting nearly 7 million monthly active users. With over 560 million total on-chain transactions this year alone, Phantom is making waves with features like staking, in-app token swaps, NFT storage, multi-chain support, and seamless Ledger hardware wallet integration.

This development is an important moment for the Sui Network, as it is the first blockchain beyond Solana, Bitcoin and Ethereum to get support from this innovative wallet.

“Phantom Wallet's integration with Sui represents a significant change for the Sui ecosystem, providing a first-class wallet experience with many of the features the Sui community has been asking for,” said Jameel Khalfan, Head of Global Ecosystem. The Sui Foundation. “Phantom Wallet is selective about which chains they support, and we're proud to now be included in this prestigious group.”

Phantom Integration is designed to empower Sui users with a robust and secure wallet solution. It will also be accessible as a browser extension on Chrome, Firefox, Edge, and Brave, and as a mobile app for iOS and Android devices.

“We are excited to bring Sui support to millions of Phantom users,” said Brandon Millman, CEO of Phantom. He underscored that Sui's thoughtful approach is consistent with their commitment to scalability and developer-oriented solutions for high-performance blockchains.

Phantom Wallet's integration with the Sui network is a major step towards enhancing interoperability, and shows the growing interest in the future of multi-chain between wallet providers and dApp developers.

In particular, Sui's price has risen more than 100% in the past month, pushing the blockchain to a market cap of $10.8 billion, fueling demand for alternative Layer 1 blockchains. Sui is now ranked eighth among blockchain networks by total value locked (TVL), at $1.5 billion.