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Sui Crypto Bounces Back to $1 Mark Amid Phantom Withdrawal

Guavy AI Editorial Team
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SUI
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The Sui cryptocurrency has made a recovery from its earlier sell-off, rising towards the $1 mark on Thursday.

This rebound comes after Phantom ended its support for the Sui network, as announced in August and implemented on September 24.

Phantom stated that users can no longer view or interact with their SUI tokens via Phantom, but these assets are still present on the blockchain and can be accessed using a different compatible wallet, such as Slush recommended by the Sui Foundation.

The current trend has SUI trading at around $0.99, up 3.25% from its earlier drop to $0.94, which now serves as an important support level.

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