PEPE surpasses $40M in trading volume on Solana via Sunrise

PEPE, the frog-themed meme token born on Ethereum, crossed $40 million in trading volume on Solana within roughly a day of its debut on the network. The token arrived via Sunrise, an asset orchestration layer built on Wormhole infrastructure, and traders wasted no time putting it to work. The volume milestone, reported by Sunrise on September 19, marks one of the fastest ramps for a newly listed asset on the platform. For context, Sunrise-listed assets collectively crossed $10 billion in lifetime Solana trading volume by early September 2026. PEPE capturing $40 million in a single weekend suggests the appetite for meme tokens on Solana’s faster, cheaper rails remains very much alive. What Sunrise actually does Calling Sunrise a “bridge” would be underselling it. The platform describes itself as an orchestration layer, not a traditional cross-chain bridge or a launchpad. The distinction matters. Sunrise takes a different approach. It creates what it calls “canonical tokens,” meaning there’s one official version of PEPE on Solana rather than competing wrapped variants. That single version gets distributed across Solana’s major decentralized exchanges, including Raydium, Orca, and Met...