Wormhole:- Launching a token in Web3 is one of the most critical moments in a company’s journey. Yet when a new token intends to launch on Solana, the excitement is often matched with confusion.
A Solana token launching on Ethereum?
An Ethereum token bridging into Solana?
A Polkadot token going multichain?
From scattered metadata to mismatched icons, rugged liquidity sources, and even spoofed contracts, Solana’s fast-moving ecosystem has long struggled with a less glamorous but very real problem. There’s no standardized, reliable way for users and apps to discover accurate token information.
This is the gap Sunrise, a new platform of Wormhole interoperability stack, aims to close. By serving as a single, authoritative source of truth for token listings, Sunrise wants to bring order to Solana’s chaotic token discovery process. And as Wormhole Labs co-founder Tony Jin puts it, “We’re just getting started.”
Here’s How:
Also Read: Ondo Finance Makes Big Change in Reserve Strategy
Wormhole Builds Solana’s Token Registry
For years, Solana’s token environment has been fragmented. Developers submitted token information across multiple platforms – Jupiter, Phantom, Solscan, or custom GitHub repos. No clear canonical registry existed, and no guarantee that wallet icons, decimals, or metadata were accurate.
This fragmentation didn’t just create UX headaches. It created opportunity for bad actors. Fake tokens slipped into aggregators. Users added wrong addresses. Wallets struggled to filter spoofed assets. Bridges importing tokens created duplicate entries.
To solve this, Wormhole’s new platform Sunrise aims to act as a Token Registry for the Multichain Era. Sunrise takes tokens coming from other chains and gives them an official, standardized “Solana-approved” format..
It then helps in making Solana tokens live across multiple chains, bridges, and formats. Sunrise does that by making the process of importing, verifying, and registering them unified and automated.
Solution to Solana’s Problem?
Projects launching on Solana can import their token with canonical metadata – name, symbol, icon, decimals, and more – into an official registry. Once verified, tokens will be listed across Solana-native applications which includes Wallets, DEXes, Aggregators. Explorers. Indexers.
Interestingly, because Sunrise sits on cross-chain Wormhole, it isn’t only about Solana. It will enables standardized token metadata across chains, allowing multichain deployments to maintain consistency at launch.
Did MON Launch Prove the Protocol?
The MON launch effectively validated Sunrise’s entire model. The protocol became the gateway that enabled MON to go live on Solana on Day 1. The data shows that within hours, Solana DEXes were already recording higher spot trading volume than Hyperliquid.
However, Sunrise itself did not execute trades. It simply ensured that MON could be imported, standardized, and activated across Solana’s liquidity venues instantly.
But that single action triggered the outcome the team has been promising: fast, seamless asset onboarding that unlocks real liquidity.
By enabling MON to flow natively into Solana through Wormhole’s NTT framework, Sunrise demonstrated that its “one-day listing” pipeline isn’t just marketing. It directly translates into deep trading activity, rapid price discovery, and competitive liquidity across Solana’s DEX ecosystem.
Also Read: Animoca Secures Fund Manager License in Dubai
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.
Source: https://coingape.com/block-of-fame/pulse/wormhole-debuts-sunrise-to-fix-solanas-broken-token-listing-experience/
Share