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Key facts: Shiba Inu / U.S. dollar Native on Solana; Verify Contracts

Shiba Inu (SHIB) is now a native token on Solana, accessible via Sunrise/Wormhole and tradable on major Solana DEXes. Users are advised to verify contract addresses to avoid impostor tokens.

Beincrypto

Shiba Inu (SHIB) has expanded to the Solana network via Sunrise, a token gateway backed by Wormhole Labs. This move offers lower transaction fees and access to a new audience, potentially challenging its own Shibarium network and rival meme coins on Solana.

Beincrypto

Shiba Inu Coin (SHIB) is now tradable on Solana (SOL). Listed via Sunrise, supported by Wormhole Labs, its low-cost transactions are attractive. With competing meme coins struggling, attention is on whether SHIB can pioneer a new market. The risk of unofficial tokens also exists.

TokenPost

US Bitcoin ETFs saw a net inflow of $83 million, while Ethereum ETFs experienced a net outflow of $114 million. Starknet rose 16% in 24 hours, and Shiba Inu and Solana are now available for trading. This summary covers various market trends including news related to Lido, Ethena, and Drift, US congressional bill deliberations, and the resignation of Iran's oil minister.

TokenPost

Shiba Inu (SHIB) has been added as a tradable token on Solana via Wormhole Labs' Sunrise. This is not a migration of the existing Ethereum-based token and does not affect the Shibarium network. While the trading route has expanded to the Solana ecosystem, the market impact remains unconfirmed.

U.Today

Shiba Inu (SHIB) is now accessible on the Solana network via Sunrise, an asset gateway. This integration allows SHIB to be traded within Solana's DeFi ecosystem without leaving Ethereum, expanding its on-chain trading options.

CoinMarketCal

SHIB is now live on the Solana network via Sunrise, accessible through popular Solana applications like Jupiter, Raydium, Phantom, and Kamino. This expansion broadens market access and liquidity for SHIB holders beyond its original chain.

U.Today

Despite a large 277 billion SHIB inflow to exchanges, the token's price action remains constructive, holding above key moving averages. While potential selling pressure exists, a confirmed breakdown below support is needed for a bearish outlook.

TokenPost

Shiba Inu exchange holdings have reached 88.769 trillion tokens, marking a four-month high. This suggests a potential increase in sellable supply, but a direct correlation with price drops is difficult to ascertain. While inflows to exchanges have also increased, actual selling activity requires separate confirmation.

TokenPost

Shiba Inu has burned approximately 2.97 million tokens in the last 24 hours, which accounts for about 0.000001% of its total circulating supply. Although the burned amount is small, there were reports of a surge in the burn rate, and some burning occurred from a Coinbase address. However, the impact on the price is expected to be limited.

TokenPost

Shibarium developer Kal Dairiya stated that he will cover the maintenance costs for Shibarium. This announcement gained attention as it coincided with the news of the Ethereum Layer 2 network Blast announcing the end of its operations. However, specific costs and financial details were not disclosed.

TokenPost

In the domestic cryptocurrency market, WLD, STX, and ONDO showed significantly higher domestic trading volumes compared to overseas. STX, in particular, had a domestic ratio 24 times higher than overseas. Conversely, BNB, USDC, and USDT had higher overseas trading ratios. SUI showed the highest Kimchi premium, while some other coins exhibited a negative premium.