Phantom ends Sui Network support as TVL falls 82% – Has SUI become a dead chain?

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Phantom, a self-custody digital wallet, plans to end its support for the Sui Network on September 24th. From that date, users will no longer be able to view, send, swap, or connect their Sui assets using Phantom’s wallet. Sui’s TVL has fallen by 82%, and Phantom’s departure removes a distribution channel for Sui applications. Users will need to migrate to another compatible wallet or exchange their assets for other tokens supported by Phantom. User assets will remain accessible on the Sui Network, but access options will be limited.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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