Phantom will end native support for the Sui blockchain on September 24, 2026, after a mutual agreement with Sui. From that date, users’ Sui balances and transactions will no longer appear within Phantom’s interface. The company stresses that funds remain secure onchain, since Phantom is a self-custodial wallet and recovery credentials still control Sui assets. Users may either migrate to another Sui-compatible wallet, such as Slush, or convert Sui holdings. Phantom is temporarily waiving swap fees for converting native SUI to wrapped SUI on Solana and supports swaps into assets like SOL, ETH, or USDC. Users are urged to guard recovery phrases carefully to avoid migration-related scams.
This update represents a notable development in the Crypto sector. Organizations and founders tracking this space should evaluate potential strategic and technical implications on their operations.