Back to Flash News

Phantom to Stop Supporting Sui on September 24

Phantom announced that it will end support for Sui on Phantom as of September 24, 2026.

User funds remain safe and fully controlled by users. It is recommended to migrate wallets to other applications that support Sui before this date or exchange SUI for supported assets within Phantom, with no exchange fees.

Both parties stated that they still retain the possibility of exploring other collaborations in the future.

Phantom previously added Sui support in January 2025, including it in its multi-chain wallet network list.

Sui asset holders face pressure to migrate or exchange, as the event-driven wallet ecosystem adjusts, with Phantom focusing on core supported chains. Other Sui-compatible wallets may take on user traffic.

Source: Public Information

ABAB AI Insight

Phantom, originally a multi-chain wallet based on Solana, has integrated Ethereum, Base, Bitcoin, and others since its transformation in 2023. The introduction of Sui as the first Move language chain in 2025 and its subsequent withdrawal continues its logic of "retaining only the most capable chains," similar to the previous rapid delisting of Monad.

The termination of support and provision of a fee-free exchange window is motivated by optimizing product resources to focus on high-activity networks while reducing maintenance costs, strategically shifting multi-chain expansion from breadth to depth.

This is similar to the phased support adjustments for low-activity chains by wallets like MetaMask, as current multi-chain wallets are converging from broad access to a curated ecosystem.

Essentially, this involves technological replacement and resource reallocation. Wallets, as traffic entry points, prioritize serving high-usage networks, and the mechanism accelerates user asset migration through deadlines and fee waivers, pushing the Sui ecosystem towards native or more focused wallets.

ABAB News · Cognitive Laws

  1. Multi-chain support is a phased choice, not a permanent commitment.

  2. Deadlines are more enforceable than feature shutdowns.

  3. Traffic entry points always lean towards high-activity ecosystems.