Phantom Drops Sui Support as SUI Price Eyes Key $0.87 Breakout

NewsMon, 24 Aug 2026 06:27:10 UTC2 hours ago
Phantom Drops Sui Support as SUI Price Eyes Key $0.87 Breakout

TLDR

  • Phantom will stop supporting the Sui blockchain on September 24, 2026, ending an integration launched in January 2025.
  • Users can migrate SUI to another compatible wallet or convert it into wrapped SUI on Solana before support ends.
  • Sui’s DeFi TVL has fallen to about $470 million, well below the more than $2 billion recorded around Phantom’s 2025 integration.
  • SUI trades near $0.83 and remains below its 200-day moving average around $0.87, a key level for the current bullish setup.
  • A sustained move above $0.87 could strengthen SUI’s recovery, while nearby daily and weekly support levels remain important.

Phantom will end support for the Sui blockchain on September 24, 2026, giving users one month to move or convert their assets. The change closes an integration that began in January 2025, when Sui joined Phantom’s growing multichain wallet. At launch, Phantom had about 15 million monthly active users, giving Sui broad retail access. The decision arrives as SUI price trades near $0.83 after a steep fall from its January 2025 record of $5.36.

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