SUI Price Prediction as Phantom Ends Support Amid 82% TVL Crash
Covered by 2 sources · 2 articles
Phantom Wallet has set a September 24, 2026 deadline to discontinue support for the Sui network, giving users less than five weeks to migrate their assets. The announcement arrives as Sui's decentralized finance ecosystem has experienced a significant contraction, with total value locked dropping 82% from previous highs. The timing underscores broader headwinds facing the platform, though recent price action has offered some relief - SUI has rallied over 22% in the past week, outpacing the broader crypto market's 10% gain during the same period. Bitcoin's move above $75,000 provided tailwinds, but SUI's outperformance suggests independent momentum beyond macro sentiment shifts.
- Phantom's withdrawal creates a practical deadline for Sui users to relocate holdings, removing access through one of crypto's most widely used wallets.
- Sui's TVL erosion signals sustained challenges in the ecosystem's ability to retain liquidity and developer activity.
- Near-term price recovery doesn't necessarily reflect resolution of underlying protocol adoption or DeFi health concerns.
All coverage
Phantom Wallet to End Sui Support on Sept. 24 Amid Sharp 82% TVL Plunge
Phantom Wallet has officially announced it will end Phantom Sui support on September 24, 2026, giving holders less than five weeks to act. The decision comes as Sui’s DeFi total value locked (TVL) has cratered 82% from its peak, reinforcing…
SUI Price Prediction as Phantom Ends Support Amid 82% TVL Crash
SUI just bounced back hard. Over the last seven days, it’s up over 22%. The whole crypto market had a good week, up about 10%, and Bitcoin finally pushed past $75,000 again. That helped, sure. But SUI did more than just tag along. In the la…