Phantom Drops Sui Support on Sept. 24: What SUI Holders Need to Do Before the Deadline
Phantom will end support for Sui (SUI) on September 24, 2026, impacting wallet functionality but not asset ownership. Users must migrate assets to another Sui-compatible app or exchange them for supported tokens. Phantom temporarily waives fees for swapping SUI to wrapped SUI on Solana. The company advises caution against phishing attempts during migration.
How this was made
The 30-second read
Why it matters
The sunset forces migration, may cause temporary liquidity strain on SUI markets, and could affect related projects like Suilend and NAVI Protocol.
Market read
The deadline creates a time‑sensitive catalyst for SUI traders and wallet users.
What to watch
Potential increase in demand for native Sui wallets and third‑party bridges could offset short‑term pressure.
Background
Phantom previously added native Sui support in Jan 2025, making it the first Move‑based blockchain on the wallet.
Ticker impact
Phantom will sunset Sui support on Sep 24 2026, removing wallet view, send, swap and DApp access.
Potential short‑term sell pressure on SUI as users exit Phantom and seek alternatives.
The deadline creates a clear, time‑bound catalyst affecting liquidity and user experience.
Market effects
May prompt other wallet providers to highlight Sui support, influencing wallet competition.
Primarily affects users of Phantom globally; limited regional effect.
Relevant to the broader crypto ecosystem as a signal of wallet integration risk.
Counterpoint
Some users may view the removal as an opportunity to shift to competing wallets, potentially boosting those platforms.
Key entities
- companyPhantom
Wallet provider removing Sui integration.
- blockchainSui
Move‑based blockchain whose token is SUI.
