Sui Joins Phantom Wallet: A New Era for Move-Based Blockchains

Sui, a promising blockchain network, has gained significant attention in the crypto community. On January 29, 2025, Phantom Wallet, a popular crypto wallet, announced beta support for the Sui blockchain. This integration allows Sui to join the ranks of other prominent blockchains like Solana, Ethereum, Base, and Bitcoin on the Phantom platform. With this development, Sui becomes the first Move-based blockchain network to connect with Phantom Wallet, providing millions of users with direct access to the top 20 cryptocurrency token within their wallets.

Phantom's CEO, Brandon Millman, expressed enthusiasm about the integration, stating that Sui's focus on scalability and user experience aligns perfectly with Phantom's goal of making crypto accessible to everyone. This expansion reflects Phantom's strategic vision to create a multichain experience that caters to diverse crypto users.

In addition to the Phantom Wallet integration, Sui's price analysis and prediction for January 29, 2025, indicated a bearish trend due to a break below a significant support line. Despite the overall bullish outlook, Sui experienced a 10% drop in a week and a steady breakdown from a five-month support line. Although the market remains favorable for bulls in the long term, the recent price weakness suggests a major correction is underway. Key levels to watch include $4, $5.36, and $7 for resistance, and $2.973, $2.37, and $2 for support.