Phantom, the favored cryptocurrency pockets, has dismissed hypothesis a few potential token launch following its latest social characteristic rollout.
The announcement additionally celebrated the constructive reception of its new social instruments.
Launched in December, Phantom’s social options enable customers to create profiles, join with pals, and select privateness settings akin to public, non-public, or invisible. At the moment, these options are restricted to the pockets’s cell app, however Phantom hinted that help for its extensively used Chrome extension could be accessible quickly.
Rumors a few potential airdrop had been sparked by the introduction of follower and pal options, resulting in hypothesis that Phantom may launch a token in 2025. Nonetheless, the corporate’s assertion appears to place these hopes to relaxation.
Along with its social updates, Phantom revealed plans to combine Sui, a Layer 1 blockchain, as its fourth supported community. Sui will be a part of Bitcoin, Ethereum, and Solana, the latter being the blockchain the place Phantom initially established its presence.
“We’re selective concerning the blockchains we help, and it’s an honor to be a part of this group,” mentioned Jameel Khalfan, world head of ecosystem on the Sui Basis. Though Phantom has not confirmed an official launch date for the mixing, it has teased that the addition is “coming quickly.”
This transfer follows Phantom’s latest addition of Ethereum Layer 2 community Base, which expanded its blockchain help in November. The Sui integration indicators Phantom’s ongoing efforts to reinforce its platform and cater to a broader person base.