Wormhole has officially announced that the Monad mainnet is live. To support this milestone, Wormhole Labs unveiled "Sunrise," a liquidity gateway designed to seamlessly bridge assets, including the MON token. Community focus has initially shifted to dApp deployments and ecosystem integration. Trading for the $MON token has commenced, with activity noted on Solana via the Sunrise gateway. Community observers pointed out that the MON contract address appears as a Solana address, sparking technical discussions regarding its architecture. Traders are currently strategizing capital rotation while emphasizing the need for killer apps to sustain long-term momentum. [Update 1] Following the launch, Wormhole reported significant network activity, recording over 57,000 token transfers by 31,000 users on the Monad Native Bridge within just hours. Despite this high engagement, initial market reactions to the token price were mixed. Reports indicate that the $105 million airdrop value underwhelmed some speculators as the token debuted near its sale price. However, commentators noted that the price demonstrated resilience, recovering to its initial Coinbase launch levels after an initial dip.