Phantom Wallet Adds Sui Blockchain Support

Integration of the high-performance first-level Sui blockchain, created by Mysten Labs, gives users access to many new features. Among them are token staking, instant and convenient exchange of crypto assets, as well as management of collectible NFT tokens. Additionally, integration with the popular hardware wallet Ledger is provided, which increases the security of transactions, and multi-chain support has been implemented, allowing you to work with several networks simultaneously.

Particular attention to Sui is due to its recent achievements in the cryptocurrency market. This asset has demonstrated impressive growth - over the past week, its value has increased by 24%, and over the past month, growth has amounted to an impressive 113%. This allowed Sui to reach a new all-time high and consolidate its position at 20th place in the CoinGecko rating with a market capitalization of $12.2 billion.

For Phantom, the integration of Sui is not only an expansion of functionality, but also a strategic step towards meeting the growing number of users interested in promising blockchains. Support for Sui makes Phantom an even more versatile tool for working with crypto assets.

It is worth noting that the Phantom developers continue to introduce innovations to improve the usability of the wallet. Previously, the function of creating wallets using email and a four-digit PIN code was added, which significantly simplified the registration process. Now users do not need to remember complex seed phrases, which makes working with cryptocurrency more accessible for beginners and a wide range of users.

Thanks to these improvements, Phantom maintains its status as one of the most convenient and multifunctional cryptocurrency wallets on the market. Support for such promising assets as Sui demonstrates the developers' desire to keep up with trends and provide their users with the most modern solutions.