In December, Phantom Wallet introduced new social capabilities helping users create profiles, link as friends, and adjust privacy settings. While currently available on the mobile app, upcoming support for Chrome extension was hinted at, enhancing user engagement. Rumors of a potential airdrop are unsubstantiated, as the wallet affirmed its stance publicly.

The wallet confirmed plans to integrate the SUI blockchain as its fourth Layer 1 network, expanding on earlier additions such as Bitcoin, Ethereum, and Solana. Although the integration timeline remains unspecified, anticipation builds among users for the enhancements these updates promise over current infrastructure.