Phantom Dumps Sui Support Amidst Iran Sanctions and Choppier Crypto Markets

Crypto markets are showing resilience despite high leverage and rising geopolitical tensions.

Phantom, a popular wallet, has announced it will stop supporting the Sui network on September 24, 2026. Users have been assured that their funds remain safe and in control.

The move follows Phantom's recent decision to drop Monad support, hinting at a narrower focus on supported networks.

The US Treasury Secretary has launched an aggressive financial campaign against Iran, targeting the country's economic lifelines and warning nations cooperating with Tehran of potential isolation.

Crypto markets are keeping an eye on oil prices, inflation, and global risk sentiment as tensions around the Strait of Hormuz escalate.