Phantom Wallet to End Sui Support on Sept. 24 Amid Sharp 82% TVL Plunge

Phantom Wallet will end Sui support on September 24, 2026, giving holders less than five weeks to act. This decision follows an 82% plunge in Sui's DeFi total value locked from its peak, highlighting capital flight from the Layer-1 network. The move reinforces concerns about the network's stability and user retention.