Phantom

Crash

PHANTOM

Factor

<p>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.</p><p>In the last day alone, <a href="https://captainaltcoin.com/sui-buyers-are-returning-fast-but-one-major-risk-could-spoil-the-setup/" rel="noopener noreferrer nofollow">the SUI price</a> climbed another 3.86%. Right now, it’s trading around $0.823. Bitcoin barely moved in that same time. So something else is going on with SUI.&nbsp;</p><p>Yet a major concern has emerged for the Sui ecosystem. Phantom will end SUI support on September 24, only 20 months after adding the network, as Sui’s TVL has fallen from $2.58 billion to $469 million. So, where could the SUI price go next?</p><h2 class="wp-block-heading" id="sui-price-faces-phantom-support-exit-as-tvl-falls-82">SUI Price Faces Phantom Support Exit as TVL Falls 82%</h2><p>Coin Bureau reports that Phantom will stop supporting Sui on September 24. The timing is notable because Sui’s TVL has dropped about 82% from its October 2025 peak of $2.58 billion to $469 million.&nbsp;#</p><blockquote class="twitter-tweet"><p>NEW: Phantom ends SUI support on Sept. 24, just 20 months after adding it, as Sui’s TVL falls -82% from its October 2025 peak.<br><br>Phantom users will need to move their <a href="https://x.com/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SUI</a> to another compatible wallet or swap it into a supported asset before the deadline.<br><br>Sui’s TVL has fallen… <a href="https://t.co/q8Ejndzx6d" rel="noopener noreferrer nofollow">pic.twitter.com/q8Ejndzx6d</a></p>— Coin Bureau (@coinbureau) <a href="https://x.com/coinbureau/status/2091737266985095228?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 24, 2026</a></blockquote><p>Sui had previously reached more than $2.6 billion in TVL in October 2025. The decline raises questions about capital locked across Sui’s DeFi ecosystem, although it does not mean SUI holders lose their tokens.</p><p>The Whale Factor post takes a more bearish view, arguing that a wallet removing a chain can be interpreted as evidence of weaker liquidity and activity. That conclusion should be treated cautiously.</p><p>Phantom ending support does not erase the <a href="https://captainaltcoin.com/sui-price-prediction-quantum-upgrade-adds-a-new-angle-as-analysts-watch-for-a-rally/" rel="noopener noreferrer nofollow">Sui blockchain</a>, and the network still has active users and applications. The key issue for the SUI price is whether the recent activity can translate into sustained liquidity and demand.</p><h2 class="wp-block-heading" id="what-phantom-ending-sui-support-means-for-holders">What Phantom Ending SUI Support Means for Holders</h2><p>Crypto Patel explains the practical impact. After September 24, SUI assets will no longer be viewable, sent or swapped through Phantom.&nbsp;</p><blockquote class="twitter-tweet"><p><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://x.com/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SUI</a> HOLDERS: PHANTOM IS CUTTING SUPPORT – HERE’S WHAT HAPPENS NEXT<br><br>Phantom will end <a href="https://x.com/SuiNetwork?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@SuiNetwork</a> support on September 24, 2026, after a mutual decision between Phantom and Sui. If you hold <a href="https://x.com/hashtag/SUI?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SUI</a> on Phantom, this is a date you should know.<br><br>What Changes:<br>After September 24, SUI… <a href="https://t.co/IMZu8phTRv" rel="noopener noreferrer nofollow">pic.twitter.com/IMZu8phTRv</a></p>— Crypto Patel (@CryptoPatel) <a href="https://x.com/CryptoPatel/status/2091729459707855331?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 24, 2026</a></blockquote><p>The funds remain on the Sui blockchain because Phantom is self-custodial. Holders can either swap SUI into wrapped SUI on Solana or assets such as SOL, ETH and USDC, or import their recovery phrase into a compatible Sui wallet such as Slush, Sui Wallet or Suiet.</p><p>Phantom has also warned that it will never ask users for a recovery phrase or private key. That matters because the transition creates an opportunity for fake migration services and phishing accounts.</p><h2 class="wp-block-heading" id="sui-network-activity-gives-the-price-a-bullish-counterpoint">SUI Network Activity Gives the Price a Bullish Counterpoint</h2><p>There is a major data point working against the bearish narrative. Sui active addresses jumped 250% in one week, from 66,886 to 231,272 on August 24.&nbsp;</p><p>Sui has also processed more than 4.5 billion cumulative transactions, showing that network usage extends beyond the TVL figure.&nbsp;</p><p>A centralized exchange Earn product has also introduced SUI staking access, giving users another way to earn staking rewards without managing validators directly.</p><p><strong><em>Related SUI News: </em></strong><a href="https://captainaltcoin.com/5000-in-sui-today-heres-what-it-could-be-worth-by-next-cycle-high/" rel="noopener noreferrer nofollow"><strong><em>$5,000 in SUI Today: Here’s What It Could Be Worth By Next Cycle High</em></strong></a></p><h2 class="wp-block-heading" id="what-is-the-sui-chart-showing">What Is the SUI Chart Showing?</h2><p>We had a look at the chart, and the bigger trend remains bearish after a long decline from above $4 to below $1. The latest move, however, has pushed SUI from the $0.65 – $0.70 region toward $0.83, creating a possible breakout attempt.</p><figure class="wp-block-image aligncenter size-large"><img width="1024" height="648" src="https://captainaltcoin.com/wp-content/uploads/2026/08/image-747-1024x648.png" alt="" class="wp-image-936167"><figcaption class="wp-element-caption"><strong><em>Source: <a class="thirstylink" rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/go/tradingview-3/">Tradingview.com</a></em></strong></figcaption></figure><p>The latest daily candle opened at $0.8501, reached $0.8506, fell to $0.8152 and closed around $0.8256. The $0.85 area is therefore the first resistance to watch. A clean move above it could open the door toward $1.00.</p><p>Momentum indicators are supportive but not overheated. The Ultimate Oscillator reads 56.88, above the 50 midpoint, and the Stochastic stands near 59.73 and 61.15. That leaves room for another move higher before the indicator reaches extreme territory.</p><h2 class="wp-block-heading" id="where-will-the-sui-price-go-next">Where Will the SUI Price Go Next?</h2><p><strong>Bullish path:&nbsp;</strong></p><p>If SUI breaks $0.85 and then clears $1.00 with strong volume, the SUI price could target $1.20 – $1.40. Strong active-address growth would strengthen this case.</p><p><strong>Base path:&nbsp;</strong></p><p>If Phantom-related selling pressure offsets the network activity data, SUI could remain between $0.75 and $0.95 as traders wait for clearer liquidity signals.</p><p><strong>Bearish path:&nbsp;</strong></p><p>Losing $0.75 would weaken the breakout structure. In that case, <a href="https://coinmarketcap.com/currencies/sui/" rel="noopener noreferrer">the Sui price could</a> revisit $0.65 – $0.70, especially if TVL continues falling and broader crypto momentum weakens.</p><h2 class="wp-block-heading" id="frequently-asked-questions">Frequently Asked Questions</h2><div class="wp-block-uagb-faq uagb-faq__outer-wrap uagb-block-82dc26f3 uagb-faq-icon-row-reverse uagb-faq-layout-accordion uagb-faq-expand-first-false uagb-faq-inactive-other-true uagb-faq__wrap uagb-buttons-layout-wrap uagb-faq-equal-height uagb-faq__wrap uagb-buttons-layout-wrap"><div class="wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-2970d97a "><div class="uagb-faq-questions-button uagb-faq-questions"><span class="uagb-icon uagb-faq-icon-wrap"></span><span class="uagb-icon-active uagb-faq-icon-wrap"></span><span class="uagb-question"><strong>Will the SUI price go up after Phantom ends support<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2753.png" alt="❓" class="wp-smiley" style="height: 1em; max-height: 1em;"></strong></span></div><div class="uagb-faq-content"><p>SUI could continue higher if it holds the recent breakout and clears $0.85, with $1.00 and $1.20-$1.40 as potential upside targets. A break below $0.75 could instead send the SUI price toward $0.65-$0.70.</p></div></div><div class="wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-50b37f5f "><div class="uagb-faq-questions-button uagb-faq-questions"><span class="uagb-icon uagb-faq-icon-wrap"></span><span class="uagb-icon-active uagb-faq-icon-wrap"></span><span class="uagb-question"><strong>Why is Phantom ending SUI support<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2753.png" alt="❓" class="wp-smiley" style="height: 1em; max-height: 1em;"></strong></span></div><div class="uagb-faq-content"><p>Phantom plans to end Sui support on September 24, 2026, after a mutual decision with Sui. The move comes as Sui’s TVL has fallen 82% from $2.58 billion to $469 million, although the network has also recorded a 250% jump in active addresses.</p></div></div><div class="wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-28269da4 "><div class="uagb-faq-questions-button uagb-faq-questions"><span class="uagb-icon uagb-faq-icon-wrap"></span><span class="uagb-icon-active uagb-faq-icon-wrap"></span><span class="uagb-question"><strong>Will I lose my SUI after Phantom ends support<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2753.png" alt="❓" class="wp-smiley" style="height: 1em; max-height: 1em;"></strong></span></div><div class="uagb-faq-content"><p>No. SUI and other Sui assets remain on the Sui blockchain because Phantom is self-custodial. Users can move their assets to a compatible Sui wallet or swap them into a supported asset before the September 24 transition date.</p></div></div></div><p><em><strong>Subscribe to <a href="https://www.youtube.com/@Captain-Altcoin" rel="noopener noreferrer nofollow">our YouTube channel</a> for daily crypto updates, market insights, and expert analysis.</strong></em></p><figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper"><iframe title="2026 Crypto Card Ranking — Massive CHANGES Nobody Expected!" src="https://www.youtube.com/embed/gVOD-NjXLDo?feature=oembed"></iframe></div></figure><p>The post <a href="https://captainaltcoin.com/sui-price-prediction-as-phantom-ends-support-amid-82-tvl-crash/" rel="noopener noreferrer nofollow">SUI Price Prediction as Phantom Ends Support Amid 82% TVL Crash</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

SUI Price Prediction as Phantom Ends Support Amid 82% TVL Crash

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