Blockchain

Phantom Wallet expands to Sui network in pursuit of multichain dominance

Phantom Pockets has expanded help to the Sui community as a part of its transfer towards changing into a multichain pockets.

Phantom Pockets, initially generally known as a Solana-exclusive pockets, has now advanced right into a multichain platform, increasing past Solana, Bitcoin, Ethereum, and Polygon to now embody Sui.

“The combination of Phantom Pockets with Sui represents a large leap for the Sui ecosystem,” stated Jameel Khalfan, World Head of Ecosystem on the Sui Basis. “Phantom Pockets is selective about which chains they help, and we’re proud to now be included amongst this notable group.”

The growth comes as Sui’s worth has elevated by over 100% up to now month, driving the blockchain to a market cap of $10.8 billion amid rising curiosity in various Layer 1 blockchains.

Sui now ranks eighth amongst blockchain networks when it comes to whole worth locked (TVL), with $1.5 billion, in keeping with DeFiLlama information.

Phantom CEO Brandon Millman expressed help for Sui’s technical capabilities: “Sui’s considerate method to scalability and developer-focused options aligns with our dedication to high-performant blockchains.”

The pockets integration, accessible via each browser extension and cellular app, is ready to boost pockets performance for Sui customers whereas doubtlessly attracting new retail contributors.

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