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Solana Updates Today: Sunrise: Solana's Gateway to Online Capital Markets

Solana Updates Today: Sunrise: Solana's Gateway to Online Capital Markets

Bitget-RWA2025/11/23 16:02
By:Bitget-RWA

- Wormhole Labs launches Sunrise, a Solana liquidity gateway enabling direct onboarding of external assets like Monad's MON token via NTT framework. - The platform unifies liquidity across Solana DEXs and block explorers, addressing fragmented bridging challenges through native token transfers. - By designating Sunrise as Monad's primary entry point, Wormhole aims to capture early trading flows and expand support to tokenized commodities and RWAs. - This initiative strengthens Solana's DeFi infrastructure,

Wormhole Labs has introduced Sunrise, a liquidity portal described as the "official pathway" for external assets to access the

ecosystem. Sunrise immediately supports Monad's native token, MON, which will debut on mainnet on November 25. The platform utilizes Wormhole's Native Token Transfer (NTT) system to consolidate liquidity across Solana decentralized exchanges (DEXs) such as and explorers like Orb, aiming to resolve the persistent liquidity fragmentation that has made token onboarding challenging .

This development represents a significant step forward for

Labs, the team behind the cross-chain protocol, as it works to strengthen its presence in Solana's expanding DeFi landscape. By providing instant liquidity for non-native tokens, Sunrise enables users to bridge assets directly onto Solana and begin trading right away, eliminating the need for wrapped tokens or fragmented bridging solutions. "Platforms like Sunrise are essential to realizing Solana's vision for internet-scale capital markets," said Kuleen Nimkar, growth lead at the Solana Foundation, in building a smooth, high-liquidity channel for external assets.

Solana Updates Today: Sunrise: Solana's Gateway to Online Capital Markets image 0

This launch coincides with Monad's eagerly awaited mainnet rollout. Monad, which secured $225 million in a 2024 funding round led by Paradigm, is among the most closely followed Layer 1 blockchain initiatives.

for MON, Wormhole Labs intends to capture early trading activity and cement its role within Solana's market framework. Saeed Badreg, Wormhole Labs' CEO, commented that this platform is "just the beginning," to include tokenized commodities, equities, and real-world assets (RWAs) issued on institutional blockchains.

Sunrise's technical design sets it apart from conventional bridging methods. Rather than relying on liquidity pools that may be susceptible to exploits or slippage, the NTT protocol maintains token functionality and interchangeability across different chains,

while being traded on Solana's DeFi platforms. This is particularly notable as Solana's DEX trading volumes have often outpaced Ethereum's in recent quarters, yet bridging remains a hurdle for many users. Sunrise seeks to simplify this by serving as a standardized "entry point" for asset integration .

This initiative highlights the intensifying competition among interoperability protocols to attract cross-chain activity between high-performance networks. With Solana experiencing renewed momentum thanks to platforms like Jupiter and Phantom, Wormhole's emphasis on accessible, high-liquidity gateways positions it as a strong contender against general-purpose bridging aggregators.

, Wormhole Labs is wagering that users will favor specialized solutions that make it easier to access new assets.

The debut of Sunrise also reflects Solana's broader goal to serve as a universal platform for digital assets. As Kuleen Nimkar explained, the network aspires to let users interact with any asset—whether native or external—through a single interface

. This vision is supported by the ecosystem's recent achievements, including record-breaking DEX volumes and growing institutional interest in tokenized assets.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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