Monad's MON token launches on Solana through Sunrise platform
Sunrise simplifies token access, letting solana users trade MON directly while enhancing cross-chain liquidity and governance participation.
Key Takeaways
- Monad's MON token is now available on Solana through the Sunrise platform.
- Sunrise is a new cross-chain gateway from Wormhole Labs enabling easy asset transfers between blockchains.
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Monad’s MON token today launched on Solana through Wormhole Labs’ newly introduced Sunrise platform, a cross-chain gateway that enables seamless asset transfers between blockchains.
The launch provides Solana users immediate access to the governance token of Monad, a blockchain project focused on high-throughput execution and scalability for decentralized applications.
Sunrise serves as a liquidity gateway built on Wormhole technology, acting as the primary route for bringing external tokens like MON to Solana with integrated visibility and trading capabilities. The platform positions itself as Solana’s day-one listing platform, facilitating instant markets for new tokens.
The rollout precedes Monad’s mainnet token launch, allowing Solana users to access and trade MON without complex bridging processes. The integration enables native trading pairs and streamlined bridging for MON holders across the two blockchain networks.
