Sui's expansion into the broader crypto ecosystem takes another step forward as Phantom wallet integrates SUI, granting 15 million users access to its blockchain. With this integration, Sui becomes the only Move-based blockchain and the third Layer 1 to be fully supported on the leading non-custodial multichain wallet.

According to a company-issued press release, Sui’s integration into Phantom aligns with its broader push for mainstream adoption, leveraging its rise in Total Value Locked (TVL) to over $2 billion and its position as the second-largest destination for Ethereum outflows via Wormhole.

Its object-centric model has established Sui as one of the fastest-growing Layer 1 blockchains, providing a scalable and secure foundation for developers and users alike.

on the other hand, Phantom, launched in 2021, has become a major player in the wallet space, facilitating 850 million transactions in 2024 and offering key features like token swaps, NFT storage, staking, and multichain support.

Beyond this integration, Sui has recently achieved several key milestones that indicate its growing role in the blockchain sector. In January 2025, SUI reached an all-time high of $5.35, pushing its market capitalization to approximately $15.3 billion, placing it among the top 12 cryptocurrencies by market cap. Meanwhile, its DeFi ecosystem surpassed $2 billion in TVL, reflecting increased activity and adoption.

In addition, Sui introduced an SMS-based transaction feature, which aims to improve financial accessibility by allowing blockchain transactions without requiring internet access. This development is designed to expand blockchain adoption in regions with limited connectivity, demonstrating an effort to make decentralized finance more inclusive.