Thursday , 12 December 2024
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Phantom Wallet Integrates Sui

The Sui Foundation today announced that Phantom Wallet, the
leading non-custodial multichain cryptocurrency wallet, is now integrating with
the Sui network.

At 7 million monthly active users, Phantom has the largest
on-chain user base of wallets in the web3 industry. With over 560M total
onchain transactions year-to-date, and key features such as staking, in-app
token swaps, NFT storage, multichain support, and Ledger hardware wallet
integration, Phantom represents a significant milestone for the Sui network,
which becomes the first blockchain outside of Solana, Bitcoin, and Ethereum to
be supported by the wallet. Sui is also the first blockchain built around the
Move language to be supported by Phantom.

Integrating the Sui network is also a significant step
toward enhancing interoperability for Phantom Wallet, and demonstrates how
wallet providers and dApp builders are betting on a multichain future rather
than focusing on only one ecosystem.

“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,”
said Jameel Khalfan, Global Head of Ecosystem at the Sui Foundation. “Phantom
Wallet is selective about which chains they support, and we are proud to now be
included among this notable group.”

The integration of Phantom will provide Sui users with a
reliable and secure wallet solution available as a browser extension for
Chrome, Firefox, Edge, and Brave, as well as a mobile app for iOS and Android.

“We’re excited to bring Sui support to millions of
Phantom users,” said Brandon Millman, CEO of Phantom. “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.”

This article was written by FL Contributors at www.forexlive.com.

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