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Following
PEPE 
SHIB 
SOL Shiba Inu has landed on the Solana ecosystem to open up a new trading channel.
Shiba Inu (SHIB)'s price rose by 3.89%, and its native tokens have been officially launched on the Solana network through Sunrise Bridge. This move opens up a new trading channel for SHIB outside the Ethereum ecosystem.
According to TradingView's hourly chart, SHIB rebounded from local lows close to $0.00055 and tested nearby resistance areas. Buyers tested in the range of $0.0000588-$0.000598, while the token's weekly gain over the same reporting period reached 2.69%.
Before and after the announcement, the SHIB's hourly relative strength index (RSI) formed a bullish divergence signal, indicating that market momentum is improving as prices recover. Sunrise Bridge expands access and pushes SHIB prices closer to the upper edge of its trading range. Through this bridge, holders can access a native version of SHIB in Solana's transaction and decentralized finance (DeFi) ecosystem. The expansion does not change the supply of original ERC-20 tokens, but introduces another network option for trading the asset.
Sunrise bridges and integrates with major applications
Sunrise deploys native tokens using Wormhole's "native token transfer" standard, connecting mature assets with applications running on Solana. Supported platforms include Jupiter Transaction Aggregator, Raydium Decentralized Exchange, Phantom Wallet, and Kamino Decentralized Financial Protocol.
In addition, Solana offers lower processing costs for users who make frequent transfers, which provides an alternative for SHIB holders to make small transactions. The underlying transaction fee for its quotes is 0.00005 SOL, although individual transactions may involve additional costs.
PEPE's previous bridging launch triggered gains and short liquidations
The launch of SHIB followed PEPE. On September 18, PEPE expanded through Sunrise and later broke through its previous trading range. In the first 48 hours, PEPE rose by 5% to 8%, and the price broke above approximately $0.000036-$0.000038.
As the token advanced towards higher prices, subsequent short squeeze resulted in short positions of more than $2 million being liquidated. By September 21 - 22, PEPE was trading at approximately $0.000051-$0.000054, bringing its increase since the beginning of the month to approximately 40%. During this period, PEPE's market value climbed to more than $2 billion before an October correction trimmed some of its gains. Since then, the token has fallen back to the $0.000043-$0.000045 range, but remains above its record range before the integration with Solana.
Community Response and Security Tips
Both launches introduce mature Ethereum memo into Solana's available water assets through the same bridging infrastructure and supporting applications. The launch of SHIB also extends its cross-network trading presence without replacing tokens already circulating on Ethereum.
据 Shiba Inu 官方 X 账号宣布，该项目使用“不同的链，同样的狗”作为口号来宣传此次扩展。社区成员将此举描述为代币在区块链网络中存在感的“第二战线”的开启。
在 Launch 活动期间，Solana 去中心化交易所上出现了伪造的 SHIB 资金池。对此，开发人员强调验证官方原生合约的重要性，并引导用户前往官方地址。随着 SHIB 价格从局部低点恢复并测试阻力位，这一安全提示显得尤为重要。
