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

MON0,61%

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.

View Original
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

Solana ecosystem news service SolanaFloor has been acquired by Jito and will resume operations.

Gate News Announcement: On March 11, Solana ecosystem news and information service SolanaFloor announced it has been acquired by Jito, with the specific acquisition amount not disclosed yet. SolanaFloor will resume operations under the support of the Jito Foundation, while maintaining full editorial independence. Updates on the editorial structure, commercial products, and team will be announced later. Previously, SolanaFloor ceased operations after its parent company experienced a recent fund theft incident. Despite exploring ways to continue operations, the effort was unsuccessful.

GateNews2m ago

Solana and XRP Dominate DeFi Social Engagement As Network Activity Surges

Community engagement and social sentiment continue to play a role in shaping the future of Decentralized Finance, resulting in a continued increase in both market liquidity and developer interest. Market analytics from recently published data indicate that a large percentage of overall social

BlockChainReporter19m ago

DeepSeek AI Predicts the Price of Solana and XRP If the War Ends

In the last two weeks, the tension between the US and Iran has been a cause of concern for the markets. Threats and military postures from both sides have left investors taking cover. Oil prices have shot up as investors are worried about the supply of crude, and traditional safe havens like

CaptainAltcoin8h ago

Solana Approaches Key Sell Wall at $84.78 — Will Momentum Hold for a Move Toward $89?

Solana is trading at an approximate price of $83.18, although a solid sell wall is at an approximate price of $84.78, which prevents upward movement. The price is trapped between the support at $81.99 and the resistance at $84.78 which is short term consolidation. Once buyers hit the

CryptoNewsLand8h ago
Comment
0/400
No comments