Shiba Inu Launches On Solana Via Sunrise Protocol
Shiba Inu (SHIB)
Editor:
Eugene Serbin
DailyCoin reports that Shiba Inu (SHIB) has officially arrived on Solana, expanding its presence beyond Ethereum, Binance Smart Chain, and the native Shibarium Layer-2 network. The integration was executed through Solana’s Sunrise protocol, allowing the meme currency to access the chain’s extensive decentralized finance ecosystem. This move enables traders to access and trade SHIB in its original form directly within Solana without leaving the network.
Solana has previously hosted popular dog-themed assets like Bonk Coin (BONK) and Dog Wif Hat (WIF), making this a notable late entry for SHIB. The development aims to boost the coin's presence and potentially increase turnover on crypto exchanges. However, SHIB has struggled with slow trading volumes on both Spot and Perpetual markets, often failing to break the $0.00000600 resistance level.
The coin recently rallied 4.95% in 24 hours to reach $0.00000595, yet volume remained subdued at $108.56 million on Monday. Despite the upgrade, trading activity has not significantly picked up, keeping SHIB in the sixth position for meme coin activity. Technical metrics indicate a slim bearish edge in futures markets, with a 0.99 long-to-short ratio, though the OI weighted funding rate still favors bulls. The integration is viewed as a long-term upgrade rather than an immediate catalyst for volume spikes.
How the market reacted
Whalio's own Binance spot order flow for SHIB, measured when this story was written up on 5 October 2026. Not the outlet's figures.
Whalio data shows SHIB trading at $0.000005910, with a 1-hour buy ratio of 56.4% indicating short-term buying pressure. This contrasts with a lower 4-hour buy ratio of 40.6%, suggesting that recent buying momentum is fading over a slightly longer timeframe. The 24-hour buy ratio stands at 55.8%, showing that over the full day, buyers have slightly outpaced sellers. Volume delta data reveals a net inflow of $10,986 in the last hour, while the 4-hour delta shows a net outflow of $258,837. Over 24 hours, the net volume delta is positive at $433,955, but the Cumulative Volume Delta (CVD) for the period closed at -$246,827. This divergence suggests that while there was net buying volume, the price impact or large sell orders at the close may have offset earlier gains. Net buying occurred for 12 out of 24 hours, with total spot volume reaching $3,730,735 across 20,978 trades.
The latest daily buy ratio of 45.6% sits at the 11th percentile of the last 322 days, against a median of 48.8% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SHIB, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.1%, meaning the current 24-hour ratio of 55.8% represents a 5.8 point increase above the weekly norm. However, trading volume for the day was only 0.75 times the weekly average, indicating lower-than-usual activity. The coin experienced net buying on only 4 out of 7 days last week, and the total volume delta for that period was -$27,831. Price changed by -0.3% over the eight-day period, showing minimal movement. This day is slightly more bullish in terms of buy ratio than the weekly average, but volume remains subdued compared to typical activity.