Phantom Wallet to integrate Sui L1 blockchain
The post Phantom Wallet to integrate Sui L1 blockchain appeared on BitcoinEthereumNews.com.
Sui’s layer-1 blockchain network has been revealed as the latest addition to Phantom, a Solana-native wallet with over 7 million monthly active users. Phantom has chosen the Sui (SUI) protocol as its latest integration to expand unified cryptocurrency storage and trading across web3, according to a press release shared with crypto.news on Dec. 5. Jameel Khalfan, Sui Foundation’s global head of ecosystem, commended the team for securing Phantom Wallet support, stating that the integration will provide the Sui community with highly requested features. Phantom Wallet is selective about which chains they support, and we are proud to be now included among this notable group. The integration of Phantom Wallet with Sui represents a giant leap for the Sui ecosystem, which now gets access to a first-class wallet experience with several features that the Sui community has been asking for. Phantom CEO Brandon Millman echoed Khalfan’s enthusiasm, highlighting Sui’s progress and alignment with Phantom’s vision for blockchain participation. Sui’s thoughtful approach to scalability and developer-focused solutions aligns with our commitment to high-performant blockchains. We look forward to building together and supporting their growth Phantom recently included Coinbase’s L2 network Base on its wallet. Users can now store assets using Solana (SOL), Bitcoin (BTC), Ethereum (ETH), or Base. The web3 startup also bought Blowfish to improve its wallet security systems. Blowfish’s acquisition was revealed shortly after an update glitch for iOS users wiped out access for some users. Phantom’s popularity has grown alongside Solana’s rise, with the wallet recording 560 million total on-chain transactions year-to-date. Users have utilized Phantom to store crypto, trade assets, buy non-fungible tokens, and stake digital currencies. Source: https://crypto.news/phantom-wallet-to-integrate-sui-l1-blockchain/
Filed under: News - @ December 5, 2024 8:27 pm