Phantom Wallet to Integrate Sui Layer-1 Blockchain

Phantom Wallet, a popular Solana-native wallet with over 7 million monthly active users, has announced its integration with the Sui Layer-1 blockchain. This addition will significantly enhance the wallet’s capabilities, enabling unified cryptocurrency storage and trading across web3. The integration, revealed on December 5, highlights Phantom’s ongoing effort to expand its support for multiple blockchains, providing users with more flexibility and options.

Sui Blockchain’s Integration with Phantom Wallet

Phantom Wallet, known for its selective approach to adding blockchain networks, has chosen Sui as the latest protocol to integrate into its ecosystem. This move is seen as a significant milestone for the Sui ecosystem, giving the community access to a high-quality wallet experience and several features that have been highly requested by Sui users.

Jameel Khalfan, the Sui Foundation’s Global Head of Ecosystem, expressed his excitement over the partnership, stating that Phantom’s integration will address many of the Sui community’s needs:

“Phantom Wallet is selective about which chains they support, and we are proud to be now included among this notable group. The integration of Phantom Wallet with Sui represents a giant leap for the Sui ecosystem, which now gets access to a first-class wallet experience with several features that the Sui community has been asking for.”

Phantom’s Commitment to High-Performance Blockchains

Brandon Millman, CEO of Phantom, also praised the integration, noting that Sui’s approach to scalability and developer-focused solutions aligns well with Phantom’s goals. He emphasized that the integration would support Sui’s growth and enhance its capabilities within the broader blockchain ecosystem:

“Sui’s thoughtful approach to scalability and developer-focused solutions aligns with our commitment to high-performant blockchains. We look forward to building together and supporting their growth.”

Other Recent Developments at Phantom Wallet

Phantom Wallet has recently made other notable strides in expanding its blockchain support. Earlier, it integrated Coinbase’s Layer-2 network, Base, allowing users to store assets in Solana, Bitcoin, Ethereum, or Base. Additionally, Phantom has focused on enhancing its security features by acquiring Blowfish, a move that came after an iOS update glitch temporarily affected access for some users.

The wallet’s popularity has surged alongside Solana’s rise, as it has become a go-to solution for storing, trading, and staking digital assets. As of this year, Phantom has recorded 560 million total on-chain transactions, showcasing the increasing trust users place in its platform.

The Growing Ecosystem of Phantom Wallet

With this new integration, Phantom Wallet continues to broaden its scope within the web3 and blockchain space. By supporting both Solana and Sui, alongside Ethereum and Bitcoin, Phantom is solidifying its position as a multi-chain wallet. This integration with Sui enhances its appeal to users who require access to the growing ecosystem of Sui-based projects while maintaining a seamless and secure wallet experience.

The partnership is expected to drive adoption among developers and users within the Sui ecosystem while also contributing to Phantom Wallet’s expansion beyond its initial Solana base. As the web3 space continues to grow and evolve, this strategic integration may position both Phantom and Sui for increased success.