Phantom Ends Support for Sui Network on September 24th

Phantom, a popular cryptocurrency wallet provider, has announced that it will stop supporting Sui Network on September 24th. This decision affects users who have SUI assets stored in their Phantom wallets.

To mitigate the impact, Phantom has removed its cross-chain conversion fee until September 24th. Users can either transfer their SUI assets to another compatible wallet or convert them into wrapped SUI.

The current price of SUI is around $0.83, which is lower than its peak value of $5.36 in January 2025.