The quick spread of social media has shaped the psychological growth of adolescents substantially, mainly in terms of emotional intelligence (EI). The present research investigates the complex impacts of social media on different aspects of emotional intelligence, such as self-awareness, emotional regulation, empathy, and interpersonal skills. While social media sites provide the opportunity for greater connectivity with others and expression of the self, excessive or uninhibited use can be associated with emotional dysregulation, decreased face-to-face social interaction, and increased vulnerability to cyberbullying or unattainable social comparison. Conversely, used responsibly, social media can facilitate greater understanding of emotions and potentially empathy through varied interactions and exposure to emotional material. This paper provides an overview of literature and empirical studies to examine both positive and negative effects of social media on the emotional development of adolescents.