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Phantom Wallet Integrates Sui Blockchain for 15M Users

Phantom Wallet has integrated the Sui blockchain, providing its 15 million users direct access to the Move-based network and its decentralized applications (dApps). This update allows seamless management of SUI tokens and expands Phantom’s growing list of supported blockchains.

Phantom Wallet Now Supports Sui

Phantom Wallet, initially built for Solana, now supports multiple blockchains, including Bitcoin, Ethereum, Base, Polygon, and now Sui. This integration enables users to send, receive, and manage SUI tokens while interacting with popular Sui-based dApps like Suilend and Bluefin.

Sui Gains Momentum in Crypto Adoption

Sui is becoming a major hub for Ethereum outflows via Wormhole, highlighting growing adoption of its blockchain protocols. As more users move assets to Sui, the network continues to expand its influence in the crypto space.

Currently, Sui’s total value locked (TVL) is at $1.6 billion, down from its record $2 billion on January 4. Meanwhile, SUI’s token price trades at $3.63, reflecting a 31% drop from its all-time high but still maintaining a 180% increase over the past year.

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Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

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