Bitget App
Trade smarter
MarketsTradeFuturesEarnSquareMore
Solana News Update: Sunrise Connects Conventional Finance with Blockchain Technology on Solana

Solana News Update: Sunrise Connects Conventional Finance with Blockchain Technology on Solana

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

- Sunrise, a new platform by Wormhole Labs, streamlines cross-chain token onboarding for Solana via unified gateway. - Launched alongside Monad’s MON token, it addresses Solana’s fragmented liquidity and complex integration challenges. - Using Wormhole’s NTT infrastructure, it ensures fungibility and enables immediate trading on Solana DEXs like Jupiter. - The platform aims to attract investors and expand to tokenized commodities and stocks, bridging traditional finance with blockchain.

Sunrise, a recently introduced platform created by

Labs, is poised to transform how tokens are brought onto the blockchain by providing a simplified and unified portal for transferring assets across different chains. The platform made its debut on November 23, 2025, coinciding with the mainnet release of Monad’s native token, MON, which will be available for trading starting November 24. This simultaneous launch allows Solana users to access MON immediately, eliminating the need to navigate multiple bridging solutions or fragmented liquidity pools .

Sunrise is designed to tackle ongoing issues within Solana’s fast-expanding ecosystem, where new tokens often face integration hurdles due to complicated onboarding, limited liquidity, and inconsistent trading platforms

. By utilizing Wormhole’s Native Token Transfer (NTT) technology, the platform allows tokens to maintain their full utility and interchangeability across blockchains, that are susceptible to hacks or slippage. This method ensures that assets like MON can be traded on Solana-based decentralized exchanges such as Jupiter, and viewed on explorers like Orb, right from launch .

This initiative represents a strategic effort by Wormhole Labs to strengthen its presence in Solana’s market infrastructure. “Solutions like Sunrise are essential for realizing Solana’s vision of internet-scale capital markets,” stated Kuleen Nimkar, growth lead at the Solana Foundation,

.
Solana News Update: Sunrise Connects Conventional Finance with Blockchain Technology on Solana image 0
The launch of Sunrise, with MON as its initial major use case, demonstrates its appeal to both institutional and retail investors seeking streamlined exposure to new tokens .

The timing of Sunrise’s introduction aligns with a broader wave of institutional interest in Solana.

, such as a $1 billion capital raise and the rollout of public liquid staking products, underscore increasing trust in Solana’s infrastructure. At the same time, Monad’s $225 million funding round led by Paradigm reflects strong demand for its ecosystem. that significant price swings may occur early on, as a large portion of MON is allocated to insiders, raising the possibility of profit-taking after launch.

Sunrise’s integration with Solana’s DeFi landscape is intended to make user interactions more straightforward. By merging liquidity and bridging operations into a single platform,

for both token issuers and traders. This unified approach could speed up Solana’s growth as a center for cross-chain transactions, especially as interoperability solutions compete for high-volume chain activity .

The long-term ambition for the platform goes beyond digital assets, aiming to include tokenized commodities, equities, and real-world assets (RWAs), signaling a broader effort to bridge traditional finance with blockchain technology

. Wormhole Labs’ CEO, Saeed Badreg, .

0

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.

You may also like

Dogecoin News Today: Dogecoin 2x ETF: A Tool for Stability or a Catalyst for Speculation?

- Dogecoin faces bearish pressure as price drops to $0.143, with technical indicators signaling overvaluation and structural support breakdowns. - 21Shares' 2x Long Dogecoin ETF (TXXD) aims to institutionalize the asset, offering leveraged exposure through a 1.89% fee structure on NASDAQ. - Whale accumulation of 4.72 billion DOGE ($770M) and positive exchange inflows hint at potential stabilization ahead of Grayscale's pending GDOG ETF launch. - Leverage risks persist as similar products like UDOW show dec

Bitget-RWA2025/11/23 18:44
Dogecoin News Today: Dogecoin 2x ETF: A Tool for Stability or a Catalyst for Speculation?

Hedera's Fundamental Flaws Challenge Its Long-Term DeFi Prospects Amid Intensifying Sell-Off

- HBAR's 2.5% drop below $0.1480 triggered heavy selling, with 168.9M tokens traded as institutional distribution accelerated. - Liquidity concerns emerged after a 14-minute trading halt and 138% volume spike failed to stabilize the $0.1486 resistance level. - Hedera's Wrapped Bitcoin integration aims to boost DeFi adoption but hasn't offset immediate bearish momentum or liquidity fractures. - Technical indicators show breakdown risk with key support at $0.1382, as sellers dominate with a risk-reward profi

Bitget-RWA2025/11/23 18:44

Bitcoin Updates: Large Holders Accumulate as Others Panic Sell—$82K Level Emerges as Key Support for Bitcoin

- Bitcoin fell to 7-month lows near $86,000, sparking debate on critical support levels or further decline. - On-chain data shows panic selling mixed with whale accumulation, as $95K-$97K becomes key resistance. - Institutional buyers like Abu Dhabi's Al Warda boosted Bitcoin holdings, contrasting ETF outflows and leveraged liquidations. - $82K support zone now critical - a breakdown could trigger mass liquidations, while recovery might signal stabilization. - Market remains divided between "washout" optim

Bitget-RWA2025/11/23 18:32