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Sunrise Lists ARB on Solana via Wormhole NTT

Sunrise Lists Arbitrum's ARB Token on Solana via Wormhole NTT

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Arbitrum's ARB token is now tradeable on Solana. Sunrise, a cross-chain bridging platform, launched the listing on Sept. 7 using Wormhole's Native Token Transfers framework. It gives ARB what Sunrise calls a canonical presence on Solana, meaning one official version of the token instead of several wrapped copies floating around.

ARB can now move through Solana's major apps. Jupiter, Phantom, Backpack, Solflare, Raydium, and Kamino all support it from day one.

One mint address beats five wrapped copies

Wormhole's Native Token Transfers, or NTT, is the technology making this work. Most cross-chain bridges create a wrapped version of a token when it moves to a new chain. That sounds fine in theory.

In practice, you end up with three or four different versions of the same asset, each with its own liquidity pool, none of them deep enough to trade cleanly.

NTT skips the wrapping. It creates a single canonical representation of ARB on Solana, tied to one mint address: ARBzQTYDCW2KnVEjs1Mc81LekB1ibVFZKbSVmorkoT9d. Every Solana app that supports ARB points to that address. Liquidity concentrates in one place instead of spreading thin across competing pools.

That matters because fragmented liquidity is one of the real costs of moving assets across chains. A token with five wrapped versions is harder to price, harder to trade, and more vulnerable to de-pegging in stressed markets. One version with deep liquidity is just easier to use.

Sunrise's playbook is coordination before launch

Sunrise launched in November 2025 with Monad's MON token as its first major listing. Since then it has brought SUI, AAVE, and other assets to Solana. The platform's track record is growing: CryptoBriefing reports that Sunrise-listed assets collectively generated over $500 million in trading volume on Solana over a 30-day period as of April 2026.

The approach is straightforward. Before a token goes live on Solana, Sunrise coordinates with DEXs and wallets to ensure there is usable liquidity from the moment of launch. No waiting period. No hoping traders show up. The token is tradeable immediately across the ecosystem.

That's a meaningful difference from a typical bridge listing, where a token lands on a new chain and then has to build liquidity over days or weeks. Sunrise front-loads the work.

The revenue-sharing debate shadows the listing

The timing of this listing matters because of a separate fight happening in public. On Sept. 4, Solana co-founder Anatoly Yakovenko pointed out that Robinhood's 10% revenue share with Arbitrum could have covered Solana transaction fees four times over. That sparked a broader debate about where blockchains should direct their money.

Steven Goldfeder, co-founder of Offchain Labs, which builds Arbitrum, responded on X. He noted that on Arbitrum, Robinhood keeps 90% of gas fees. On Solana, Robinhood would retain nothing and would pay any subsidized fees out of pocket. Goldfeder said Robinhood chose Arbitrum so it could be a landlord, not a tenant.

BNB Chain's executive director of growth, Nina Rong, weighed in on Sept. 6. She argued the industry has spent five years cutting gas fees and running grant programs, and that further fee reductions are no longer the top priority. The real challenge, she said, is building a sustainable business model that feeds back into technology and growth.

ARB is now governed on one chain and traded on two

The revenue debate sits directly on top of ARB's governance. The token controls the ArbitrumDAO, which decides how the network's treasury is spent and how technology partnerships are structured.

An ArbitrumDAO factsheet cited by Bitcoin.com shows that Robinhood Chain returns 10% of net protocol revenue under the Arbitrum Expansion Program license, with 8% flowing to the DAO treasury and 2% funding the Arbitrum Developer Guild.

Robinhood's Layer 2 is not small. Bitcoin.com reports that applications on Robinhood Chain generated $2.66 million in 24-hour revenue as of Aug. 31. Trading apps GMGN, Pons, and Uniswap accounted for roughly 88% of that total. So there is real money flowing through the system, and ARB holders govern where a slice of it goes.

But ARB governance happens on Arbitrum's own chain. The Solana listing gives ARB a new place to trade, but it does not give Solana users a vote in how Arbitrum is run. Sunrise has built a bridge for the token.

Whether that bridge carries meaningful economic activity back to Arbitrum's ecosystem is the question that decides if this listing is a headline or a milestone.

Frequently Asked Questions

What is the difference between a wrapped token and a canonical token like the ARB listed through Wormhole NTT?

A wrapped token is a copy created by a bridge, often with its own pool and potential de-pegging risk. A canonical token is the single official representation on a chain, backed by a direct transfer mechanism that avoids creating duplicate versions.

Does trading ARB on Solana give Solana users any say in Arbitrum governance?

No. ARB governance voting takes place on Arbitrum's own chain. The Solana listing is about where the token trades, not where decisions about the network are made.

How much of Robinhood Chain's revenue goes to Arbitrum under the current arrangement?

Robinhood Chain returns 10% of protocol net revenue. Of that, 8% goes to the ArbitrumDAO treasury and 2% funds the Arbitrum Developer Guild, according to an ArbitrumDAO factsheet cited by Bitcoin.com.

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