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Phantom Wallet Integrates Sui – The Daily Hodl

December 5, 2024 – Grand Cayman, Cayman Islands


Leading wallet Phantom, which has over seven million MAUs (monthly active users), chooses Sui’s ‘high-performant’ blockchain as its next integration.

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

At seven million monthly active users, Phantom has the largest on-chain user base of wallets in the Web 3.0 industry.

With over 560 million total on-chain 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 (decentralized application) builders are betting on a multichain future rather than focusing on only one ecosystem.

Jameel Khalfan, global head of ecosystem at the Sui Foundation, said,

“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 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.

Brandon Millman, CEO of Phantom, said,

“We’re excited to bring Sui support to millions of Phantom users.

“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.”

Contact

Sui Foundation

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

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https://dailyhodl.com/2024/12/05/phantom-wallet-integrates-sui/

2024-12-05 19:22:47

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