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

GateNews
MON-2,27%

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

Standard Chartered Sees Solana Shifting Beyond Memecoins Toward Payments

_Standard Chartered set SOL $250 target for 2026 and $2,000 forecast for 2030._ _Solana stablecoin turnover is 2–3x higher than Ethereum, per report data._ _Bank links Solana growth to low fees and shifts toward payment use cases._ Standard Chartered has revised its Solana outlook as

LiveBTCNews3h ago

Phantom Wallet crashes big time! During the airdrop period, token prices went haywire and balances were reset to zero—users blasted it for “making them pay up.”

Phantom, a wallet in the Solana ecosystem, experienced a service outage during the airdrop, causing abnormal token prices and account balances to be displayed, which affected user transactions. Some users suffered losses as a result and demanded compensation. Security experts warned of the risk of phishing attacks and advised users to verify on-chain data. Although the issue has been fixed, the trust crisis still needs to be monitored. This incident highlights the challenges of self-custody wallets in terms of system stability and the user experience.

区块客6h ago

The U.S. spot SOL ETF had a net inflow of $11.4530 million yesterday

On April 10, the U.S. SOL spot ETF recorded a net inflow of $11.4530 million in a single day. The Bitwise Solana Staking ETF (BSOL) contributed all of the inflow, bringing the historical total net inflow to $789.00 million. The current net asset value (NAV) of the SOL spot ETF’s total assets is $828.00 million, and the historical cumulative net inflow is $975.00 million.

GateNews6h ago

Alchemy Launches $20M Fund To Accelerate Solana Innovation

The race to dominate Web3 infrastructure continues to intensify, and Alchemy just made a bold move. The company launched a $20 million initiative aimed at accelerating innovation within the Solana ecosystem. This step signals a deeper commitment to empowering developers who want to build fast,

Coinfomania11h ago

Circle minted a total of 10.5 billion USDC on Solana over the past month

Gate News update, on April 10, Circle added another 250 million newly minted USDC today. Data shows that over the past month, Circle has cumulatively minted 10.5 billion USDC on Solana.

GateNews20h ago
Comment
0/400
No comments