News

Phantom Wallet Integrates Sui Blockchain for Enhanced Performance

Key Points:

  • Phantom Wallet now supports Sui blockchain, joining Solana, Bitcoin, and Ethereum.
  • This makes Phantom the go-to wallet for users seeking diverse blockchain options for dApps and DeFi.
  • Sui offers faster transactions and lower fees, boosting Phantom Wallet’s multi-chain capabilities.
Phantom Wallet now officially supports the Sui blockchain. That makes Sui the fourth Layer 1 public chain to be supported by Phantom after Solana, Bitcoin, and Ethereum are integrated into the platform.

Phantom Wallet Expands Blockchain Support

The move is another milestone in the Phantom Wallet journey to offer extensive support for diverse blockchain ecosystems. With its integration, Sui has been added to the lineup of Phantom, answering the needs of this fast-growing ecosystem looking for scalable and efficient blockchain networks while offering users a more significant range of decentralized apps and services.

The Sui blockchain is designed as a high-performance Layer 1 network, which should offer faster transaction speeds at lower fees than its rivals. With its focus on scalability and flexibility, Sui has attracted many developers and users looking for efficient solutions in the DeFi, gaming, and NFT spaces.

Read more: Phantom Wallet Adds Base Network Expanding Multi-Chain Access

Sui Blockchain’s Advantages for Users

The CEO of Phantom noted that “Integrating Sui to our platform aligns with our mission of fostering blockchain interoperability and enabling users to explore new opportunities in the crypto space.”

Phantom Wallet users can easily manage, send, and receive assets on the Sui blockchain, in addition to Solana, Bitcoin, and Ethereum. Now, the developers of Sui get all the benefits of this well-established infrastructure and tools, making user onboarding into their applications much easier for users to interact with.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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