#shiba
Shiba Inu (SHIB) Records Immediate Gains Following Official Solana Listing
The expansion of the largest Ethereum assets onto the Solana blockchain, gradually implemented by the Sunrise bridge, has begun to deliver measurable financial results. The official launch of the canonical version of Shiba Inu ($SHIB) was immediately reflected in its price.
The transfer of liquidity through Sunrise infrastructure did more than expand the token's reach: it triggered an influx of fresh capital, following a market pattern that has already proved effective.
According to TradingView's hourly chart, the RSI indicator formed a bullish divergence immediately after the announcement. $SHIB rebounded from a local low near $0.000055 and moved on to test resistance at $0.0000588–$0.0000598, recording a daily gain of +3.89% (+2.69% for the week).
Shiba Inu ($SHIB) 1-hour price chart showing RSI and current trading levels following the official Solana listing announcement, Source: TradingView
For a coin with a large market capitalization, such a quick reaction is a direct economic effect of opening a cheaper trading route: the average fee on Solana is just 0.000005 SOL, making frequent transactions profitable for retail traders. The supply of the original ERC-20 token remains unchanged.
The domino effect, but with frogs and dogs
Sunrise's technological solutions had already demonstrated their effectiveness two weeks earlier. The launch of the canonical $PEPE bridge on Solana on September 18 showed how cross-chain integration can give tokens lasting market momentum. In the first 48 hours after the integration, $PEPE rose by 5–8%, breaking out of the 0.0000036–0.0000038 range.
A subsequent short squeeze liquidated more than $2 million in short positions. At the rally's peak on September 21–22, $PEPE reached 0.0000051–0.0000054, gaining as much as 40% since the start of the month and pushing its market capitalization back above 2 billion.
#Write2Earn $SHIB
Shiba Inu (SHIB) Records Immediate Gains Following Official Solana Listing
The expansion of the largest Ethereum assets onto the Solana blockchain, gradually implemented by the Sunrise bridge, has begun to deliver measurable financial results. The official launch of the canonical version of Shiba Inu ($SHIB) was immediately reflected in its price.
The transfer of liquidity through Sunrise infrastructure did more than expand the token's reach: it triggered an influx of fresh capital, following a market pattern that has already proved effective.
According to TradingView's hourly chart, the RSI indicator formed a bullish divergence immediately after the announcement. $SHIB rebounded from a local low near $0.000055 and moved on to test resistance at $0.0000588–$0.0000598, recording a daily gain of +3.89% (+2.69% for the week).
Shiba Inu ($SHIB) 1-hour price chart showing RSI and current trading levels following the official Solana listing announcement, Source: TradingView
For a coin with a large market capitalization, such a quick reaction is a direct economic effect of opening a cheaper trading route: the average fee on Solana is just 0.000005 SOL, making frequent transactions profitable for retail traders. The supply of the original ERC-20 token remains unchanged.
The domino effect, but with frogs and dogs
Sunrise's technological solutions had already demonstrated their effectiveness two weeks earlier. The launch of the canonical $PEPE bridge on Solana on September 18 showed how cross-chain integration can give tokens lasting market momentum. In the first 48 hours after the integration, $PEPE rose by 5–8%, breaking out of the 0.0000036–0.0000038 range.
A subsequent short squeeze liquidated more than $2 million in short positions. At the rally's peak on September 21–22, $PEPE reached 0.0000051–0.0000054, gaining as much as 40% since the start of the month and pushing its market capitalization back above 2 billion.
#Write2Earn $SHIB
