Shiba Inu Expands to Solana Boosting DeFi Access and Price
Shiba Inu (SHIB) has expanded its reach by integrating with the Solana ecosystem through Sunrise. This move allows SHIB to access Solana’s decentralized finance (DeFi) markets while maintaining its presence as an ERC-20 token on Ethereum. The announcement triggered a 4% price surge, with SHIB trading near $0.00000600.
The integration is timely, as SHIB has already rebounded 50% from its July 2026 low of $0.00000400. The next key resistance levels to watch are $0.00000650, $0.00000700, and $0.00000800. Breaking above these could propel SHIB toward $0.00001000.
Technical indicators, such as the Relative Strength Index (RSI) at 61.08 and the Ultimate Oscillator at 53.99, suggest a bullish momentum. However, SHIB must overcome several resistance levels to sustain its upward trajectory. Support levels are identified at $0.00000500 and $0.00000400, with deeper support at $0.00000300.
The integration with Solana provides SHIB with new liquidity routes and exposure to a different DeFi ecosystem, potentially boosting its adoption and price.