Monad's MON token launches on Solana through Sunrise platform
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.
Share this article
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.
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
Japan Equips Crypto Exchanges with Conventional Financial Protections
- Japan's FSA mandates crypto exchanges to hold liability reserves from 2026, aligning with traditional financial safeguards after major exchange collapses. - Reserve requirements will be volume-based and incident-adjusted, allowing insurance to offset costs, ensuring immediate user compensation without bailouts. - The reform reclassifies crypto as financial instruments under strict oversight, including audit enhancements and insider-trading bans, mirroring securities firm standards. - Larger exchanges lik
Private Transactions, No Registration Required: ShopinBit's Crypto Concierge Manages International Orders with Complete Privacy
- ShopinBit launched a privacy-focused web app enabling crypto payments for global services using Bitcoin , Monero, USDT, and 2,000+ altcoins via EXOLIX. - The no-account platform offers 2% cashback for early users and handles high-end logistics with a 10% transparent service fee, emphasizing "Ultra Privacy Mode" with no data storage. - Distinguishing itself from competitors like TrustLinq, ShopinBit prioritizes discreet crypto transactions while managing complex orders through EU-based logistics partners.
"Berachain's Unique Refund Conditions Raise MFN Issues in Cryptocurrency Agreement"
- Berachain co-founder Smokey dismissed a $25M refund clause for Nova Digital as "inaccurate," citing compliance needs for Brevan Howard's Abu Dhabi fund. - The clause allows Nova to reclaim its investment until Feb 2026 if $5M is deposited post-TGE, but activation remains unconfirmed. - Four crypto attorneys called the refund mechanism "highly unusual," raising concerns about potential violations of "Most Favored Nation" investor clauses. - Smokey denied MFN breaches, noting no other Series B investors re
Paxos Purchases Fordefi to Drive a New Era of Secure Institutional Crypto Custody
- Paxos acquires Fordefi for over $100 million to strengthen institutional crypto custody. - The deal integrates Fordefi's MPC wallet tech and DeFi tools into Paxos's regulated infrastructure. - This marks Paxos's second 2025 acquisition, reflecting growing demand for secure digital asset solutions. - Fordefi's $28M prior funding and institutional client base (300+) enhance Paxos's market position. - The move aligns with industry trends as firms prioritize secure, scalable crypto infrastructure amid regula
Trending news
MoreCrypto prices
More
