Phantom Wallet expands to Sui network enhancing multichain capabilities

Phantom Wallet has expanded its capabilities beyond Solana by integrating with the Sui network. This integration allows Phantom Wallet to support Bitcoin, Ethereum, Polygon, and Base, which is a significant development for the Sui ecosystem.

The partnership with Phantom Wallet is highly valued by the Sui Foundation, as they appreciate Phantom Wallet's selective approach to blockchain support. Sui's market value has increased by over 100% in the past month, reaching a market cap of $10.8 billion. Sui is currently ranked eighth in total value locked (TVL) among blockchain networks, with $1.5 billion according to DeFiLlama data.

Brandon Millman, the CEO of Phantom, commends Sui's focus on scalability and developer solutions, which aligns with Phantom's commitment to high-performance blockchains. The integration of Phantom Wallet with Sui will be available through both browser extension and mobile app, providing enhanced functionality for Sui users and potentially attracting new retail participants.

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