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

MON5,38%

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

Bhutan Issues Gold-Backed Visas on Solana Blockchain

Bhutan now allows anybody to invest $10,000 into its TER token on Solana to receive a visa that allows them to stay and work in the country for 12 months. TER launched in December and is backed by physical gold, custodied by a regulated bank and linked to the Gelephu Mindfulness City. The

CryptoNewsFlash20m ago

Prediction Market Protocol TBD completes $3 million seed funding round, co-led by CMT Digital and ParaFi

Solana-based prediction market protocol TBD completes $3 million seed round funding, led by CMT Digital and ParaFi, with participation from several well-known investors.

GateNewsBot1h ago

Bitcoin ETF Records $247.72M Daily Inflow, Ethereum and Solana ETFs Show Mixed Performance

Gate News bot message, According to February 25 data, Bitcoin ETFs saw a 1-day net inflow of 3,732 BTC (+$247.72M), while recording a 7-day net outflow of 2,285 BTC (-$151.65M). Ethereum ETFs experienced a 1-day net outflow of 2,311 ETH (-$4.55M) and a 7-day net outflow of 108,385 ETH (-$213.52M). S

GateNewsBot1h ago

Solana Company Targets Asia-Pacific With New Infrastructure to Capture Institutional Crypto Growth

The Solana Company has announced plans to build infrastructure in the APAC region to diversify its revenue streams. The project, dubbed Pacific Backbone, will also support Solana staking across countries like South Korea, Japan and Hong Kong. The Solana Company has announced the launch of a

CryptoNewsFlash6h ago

Bhutan launches Solana-based Digital Nomad Visa: $10,000 Tokenized Gold for a Three-Year Residency

Bhutan launches a digital nomad visa based on the Solana blockchain. Applicants are required to deposit $10,000 worth of gold tokens and pay an annual fee of $2,800. The visa is valid for 12 to 36 months and aims to attract international remote workers, leveraging blockchain technology to promote economic diversification. Market demand remains to be seen.

ChainNewsAbmedia6h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)