Wormhole Labs has launched Sunrise, providing a standardized liquidity gateway for external assets to enter Solana.

GateNews
MON-1,09%

BlockBeats news, on November 23, according to The Block, Wormhole Labs (the team behind the cross-chain protocol Wormhole) announced the official launch of Sunrise today, a data and liquidity gateway focused on the Solana ecosystem. According to the information provided by the official source, Sunrise is positioned as the “standard path” for external assets flowing into Solana. It provides users with a unified interface to transfer tokens from different chains to Solana with one click, and upon arrival, it can immediately connect to DeFi scenarios within the Solana network, achieving a seamless experience of “liquidity from day one.” According to the announcement, Sunrise aims to address the common issue of “liquidity fragmentation” that occurs when new tokens cross chains, ensuring that assets launched on new chains can be traded on various decentralized trading platforms on Solana from day one. Sunrise will use Monad's MON token as its first important testing case, with MON token trading scheduled to begin tomorrow.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin, ether, solana hold steady as Trump sets Tuesday night deadline for Iran deal

Bitcoin dipped to $68,589 after a brief rally fueled by ceasefire news, as geopolitical tensions persist. Other cryptocurrencies also fell. Market uncertainty continues, with Bitcoin trading within the $65,000 to $73,000 range, awaiting Trump's deadline for Iran negotiations.

CoinDesk31m ago

Solana ecosystem DEX aggregator Titan launches on-chain router DART

Solana ecosystem DEX aggregator Titan launched the on-chain router DART on April 7. By dynamically allocating trading volume to the best liquidity sources in real time, it reduces trading costs; tests show costs are below 0.02%. In the future, it will expand to more trading pairs, and the DART API will enter the beta testing phase.

GateNews1h ago

Circle ускорила чеканку 3.25B USDC, побивши Solana тижневий рекорд

In early April, Circle minted $3.25 billion USDC on the Solana blockchain, setting the largest single-week issuance record since 2026, indicating rising DeFi activity and demand for institutional capital inflows. As a liquidity medium, USDC supports trading and lending across the Solana ecosystem, and its huge coin-minting volume also underscores Solana’s important role in stablecoin settlement. Analysis suggests that the flow of funds will affect market impact strength.

MarketWhisper2h ago

Circle Redeems $550M USDC on Solana in 12 Hours, Issues $10.19B in Past Month

Gate News message, Circle redeemed $550 million USDC on Solana within a 12-hour period. Over the past 30 days, Circle has issued $10.19 billion in USDC on the Solana blockchain.

GateNews3h ago
Comment
0/400
No comments