MON Token Debuts on Solana as Sunrise’s First Asset Listing Outpaces Major CEX Volumes Within 24 Hours

At the Solana Breakpoint Conference, Sunrise CEO Saeed outlined Sunrise’s debut asset on the Solana chain: the MON token. He described MON as a non-native asset introduced into the Solana ecosystem on day one, effectively on its very first minute. The move positions Sunrise as a dedicated liquidity gateway that competes with on-chain venues while contending with traditional CEXs.

Sunrise data indicates that within 24 hours of listing, MON’s trading activity exceeded several notable platforms including Hyperliquid, KuCoin, Kraken, Coinbase, Bybit, Bitget and Gate. The evidence points to tighter spreads and higher trading volume, dynamics reportedly supported by Solana’s native ecosystem user base.

Overall, the early performance of MON on Solana underscores growing interest in cross-chain assets enabled by dedicated liquidity gateways, reinforcing confidence in Solana’s market infrastructure and Sunrise’s strategic role in expanding on-chain liquidity.