Institution Profiling / Internet infrastructure institution

Phantom Wallet integrates Sui as TVL hits $1.72 billion

Phantom Wallet integrates Sui as TVL hits $1.72 billion is tracked as a internet infrastructure institution within the internet infrastructure ecosystem.

Phantom Wallet integrates Sui as TVL hits $1.72 billion
Caption: Phantom Wallet integrates Sui as TVL hits $1.72 billion · Source context: featured article image · Relevance reason: visual context for Phantom Wallet integrates Sui as TVL hits $1.72 billion · Image provenance: BTW media library

Sources

Public references used for this article.

CategoryInstitution

Phantom Wallet integrates Sui as TVL hits $1.72 billion is tracked as a internet infrastructure institution within the internet infrastructure ecosystem.

RegionGlobal

Phantom Wallet integrates Sui as TVL hits $1.72 billion has public-source relevance to network operations, governance, dependency mapping, or market structure.

Signal FocusInternet infrastructure institution

Phantom Wallet integrates Sui as TVL hits $1.72 billion has public-source relevance to network operations, governance, dependency mapping, or market structure.

Content TypeProfile

Phantom Wallet integrates Sui as TVL hits $1.72 billion is tracked as a internet infrastructure institution within the internet infrastructure ecosystem.

Primary DomainGovernance

Public-source signals support medium-impact monitoring for infrastructure visibility and dependency analysis.

TopicInternet infrastructure institution

Phantom Wallet integrates Sui as TVL hits $1.72 billion is profiled by BTW Media because published evidence links it to internet infrastructure, governance, operational dependencies, or market visibility.

ImpactMedium

Public-source signals support medium-impact monitoring for infrastructure visibility and dependency analysis.

Confidence?Confidence Grade
0.90–1.00AHigh — direct sources
0.75–0.89A/BStrong
0.55–0.74B/CMedium
0.35–0.54C/DWeak–medium
0.10–0.34DWeak signal
0.00–0.09DInternal monitoring
Limited confidence (80%)

Several public sources

Phantom Wallet integrates Sui as TVL hits $1.72 billion is profiled by BTW Media because published evidence links it to internet infrastructure, governance, operational dependencies, or market visibility.

  • Sui becomes the first blockchain outside Solana, Bitcoin, and Ethereum to integrate with Phantom Wallet.
  • The network’s total value locked (TVL) surges to $1.72 billion, driven by partnerships and innovative features.

What happened: Sui integration marks a milestone for Phantom Wallet

Phantom Wallet, the leading non-custodial, multichain crypto wallet boasting over 7 million monthly active users, has expanded its ecosystem by integrating with the Sui blockchain. This development, confirmed by the Sui Foundation on December 5, positions Sui as the first blockchain outside Solana, Bitcoin, and Ethereum to join Phantom’s ecosystem. Additionally, Sui is the first blockchain leveraging the Move programming language to collaborate with Phantom.

With a user base processing nearly 560 million on-chain transactions this year, Phantom Wallet’s integration introduces Sui’s community to advanced wallet features. Jameel Khalfan, Global Head of Ecosystem at the Sui Foundation, stated, “This integration represents a giant leap for the Sui ecosystem, providing access to a first-class wallet experience.”

Despite challenges earlier this year, including technical glitches and incorrect balance displays, Phantom’s continued innovations reinforce its position as a multichain wallet leader.

Also read:Pavlovsky exits DeFi platform Marginfi due to policy disputes Also read:Blockchain scam alert: Over $20M lost in rug pulls

Why this matters

The Sui blockchain has seen a meteoric rise in recent months. Its native token reached an all-time high of $4.40, reflecting a 110% monthly growth. Moreover, Sui’s total value locked (TVL) hit a record $1.72 billion, elevating it to the eighth-largest blockchain, surpassing competitors like Avalanche and Polygon.

The network’s partnerships, including collaborations with Babylon Labs and Franklin Templeton, have been instrumental in its growth. Recent developments such as BTC staking through liquid staking tokens (LBTC) exemplify Sui’s innovation in the DeFi space. Despite a brief technical halt in block production, Sui’s resilience has bolstered investor confidence and adoption. This integration with Phantom Wallet not only validates Sui’s growth but also positions both platforms for continued success in the Web3 ecosystem.

At A Glance

  • Name: Phantom Wallet integrates Sui as TVL hits $1.72 billion
  • Type: Internet infrastructure institution
  • Base: Global
  • Profile focus: Institution

What It Does

  • Public records support monitoring of its role, services, and key relationships.

Why It Matters

  • Public-source signals support medium-impact monitoring for infrastructure visibility and dependency analysis.
  • Operational criticality: Medium
  • Time horizon: Next quarter

What To Watch

  • Monitoring focuses on verified service continuity, governance changes, and relationship signals.
NowMedium priority

Track verified source updates, role changes, and current public evidence.

QuarterMedium policy sensitivity

Public-source signals support medium-impact monitoring for infrastructure visibility and dependency analysis.

YearNext quarter outlook

Longer-term relevance depends on verified operating, policy, and relationship changes.

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