Wormhole Labs Launches Sunrise, a New Liquidity Gateway for Solana
Wormhole Labs — the team behind the Wormhole cross-chain protocol — has officially launched Sunrise, a new liquidity gateway designed specifically for the Solana ecosystem. Positioned as a “canonical route” for bringing external assets into $SOL Solana, Sunrise gives users a single streamlined interface to transfer tokens from their origin chain directly onto Solana with instant, day-one liquidity. This makes newly bridged assets immediately tradable across Solana’s DeFi landscape, according to materials shared with The Block. Sunrise aims to eliminate the typical fragmented liquidity issues that appear when new tokens enter a chain. At launch, assets bridged through Sunrise will be tradable across major Solana venues — including decentralized exchange Jupiter — and supported on Orb, the Helius-incubated block explorer, from the very start. The gateway’s first major test will be the MON token from Monad, a high-profile Layer 1 project. Sunrise will offer day-one support for MON as its token sale concludes and begins trading tomorrow. The launch arrives amid intensifying competition among interoperability protocols seeking to control asset flows between high-performance blockchains. Monad — which raised $225 million in early 2024 in a Paradigm-led round — remains one of the most closely monitored Layer 1 networks under development. By positioning Sunrise as the primary bridge for MON, Wormhole Labs is strengthening its role within $SOL Solana’s expanding liquidity and market infrastructure.
$SOL tapped the 125–131 demand zone, swept liquidity down to $121.66, and immediately bounced—showing strong buyer absorption. Price is now stabilizing above $130, signaling that buyers are stepping back in before the next leg up.
If $SOL holds above 130, momentum can quickly shift bullish toward 142–150.
This is a solid early-entry opportunity with a clear invalidation level.
$SOL Trade (Long Setup)
Entry: ➡️ $130–133 (inside the demand zone and after confirmation of buyer strength)
Stop-Loss: ➡️ $121.5 (below the recent wick low at $121.66)