Phantom has announced it will end support for the Sui network on September 24, 2026. After that date, Sui balances will no longer appear in the app, and Sui transactions won’t be supported. Gradually, the network will disappear from Phantom’s list.
Also, this is not a fund seizure; your assets remain on the Sui blockchain and are controlled by your recovery phrase, not by Phantom. But if nothing is done before September 24, accessing those assets will require moving to a different wallet entirely.
If someone wants to stay on Phantom, the cleanest move is to swap your Sui assets to a supported network before the transition date. Additionally, Phantom has waived its fee on cross-chain swaps from native SUI to wrapped SUI on Solana through September 24; network and exchange fees still apply, but the Phantom fee is gone.
It can also swap into SOL, ETH, or USDC, though standard fees apply. Upon keeping using Sui after the transition date, there is a need to import your wallet into a Sui-compatible app. Moreover, the Sui Foundation’s recommended wallet is Slush.
With that, import the Secret Recovery Phrase, and the existing address and assets will appear automatically. If having multiple recovery phrases or private keys in Phantom that hold Sui assets, export and import each one separately.
Phantom will never contact someone first, ask for the Secret Recovery Phrase or private key, or offer to move the assets on their behalf. Any message, email, or DM offering migration help is a scam. Furthermore added that, all legitimate guidance lives inside the app and in Phantom’s official help documentation.
Phantom dropping Sui support is a crucial signal for the ecosystem. When a major multi-chain wallet steps back from a network, it raises questions about developer conviction and user retention on Sui. For SUI price momentum, the news might add short-term uncertainty, and the holders who don’t act may find their assets harder to access, which could contribute to selling pressure as the September 24 deadline approaches.
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