Phantom to Discontinue Sui Network Support on September 24
AI Market Summary
Phantom and Sui will end Sui support in the Phantom wallet on September 24, prompting users to migrate wallets or swap Sui into other Phantom-supported assets, with Phantom waiving transaction fees for these actions. The change is operational rather than protocol-level, but it can affect short-term wallet-driven demand, user onboarding, and liquidity routing for Sui across retail-focused channels.
Impact level
● Medium
Affected assets
SUI/USDT+1.67%
AI Insight · SUI/USDTAI Insight
● Neutral
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Phantom has announced it will officially discontinue support for the Sui network within its wallet interface on September 24. According to a joint statement from Phantom and Sui on August 24 (UTC+8), the decision marks a shift in current integration, though both parties indicated they may explore future collaborations. Users have until the September 24 deadline to migrate their Sui wallets to alternative supported applications or swap their Sui-based assets into other tokens available within the Phantom ecosystem. To facilitate this transition, Phantom is offering fee-free transactions for these swaps. This development, reported by ODAILY, emphasizes the importance of timely asset management for users holding Sui tokens within the Phantom platform to avoid potential access issues following the deprecation date.
