Shiba Inu has found a new route into the Solana ecosystem through Sunrise, giving SHIB access to Solana’s DeFi markets without replacing its Ethereum version. The announcement pushed the SHIB price about 4% higher, with the token now trading near $0.00000600.
The timing is interesting for SHIB. The token has already recovered 50% from the $0.00000400 area marked as its July 2026 bottom. Now the big question is whether the SHIB price can break above $0.00000650 and move toward $0.00000700 and $0.00000800.
What you'll learn 👉
SHIB Opens the Door to Solana DeFi
BSCN reported that Shiba Inu’s canonical Ethereum token is now accessible across Solana through Sunrise. This gives SHIB direct access to Solana’s DeFi markets and creates another route for liquidity between the two ecosystems.
Shiba Inu Landed On Solana Shiba Inu’s ethereum:0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce canonical Ethereum token is now accessible across Solana (@solana) through Sunrise (@sunrise). The integration gives SHIB direct access to Solana’s DeFi markets. SHIB remains an ERC-20 token and is not leaving Ethereum. Sunrise creates a canonical Solana representation to reduce liquidity fragmentation.
— BSCN (@BSCNews) October 5, 2026
SHIB remains an ERC-20 token on Ethereum. Sunrise simply creates a canonical representation of SHIB on Solana, allowing the token to reach another blockchain without moving away from Ethereum.
BeInCrypto reported that the announcement helped lift the SHIB price by about 4%. That move gives the token some early positive reaction, but the chart shows that SHIB still has several resistance levels to clear before the recovery can go much further.
Shiba Inu just landed on Solana through Sunrise. That announcement alone was enough to push ethereum:0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce up 4% today. Will the Solana listing bring new energy and momentum to the SHIB community? https://t.co/VfZV8Pbn7D
— BeInCrypto (@beincrypto) October 4, 2026
Read Also: Here’s Where Gold and Silver Prices Might be Headed This Week
The SHIB Price Tests $0.000006
We had a look at the SHIB chart, and the price is around $0.00000600, up 1.52% on the daily candle. The high for the candle is $0.00000601, and the low is $0.00000585. Volume has reached 592.29 billion SHIB.
The momentum indicators also lean to the bullish side. The RSI is at 61.08, which places it above the 50 level. The chart also shows three bullish divergence labels and no bearish labels. The Ultimate Oscillator is at 53.99, also above 50.
That gives the SHIB price a decent technical base, but buyers still need to push through the levels above $0.00000600. The first level to watch is $0.00000650. A break above it could open the way to $0.00000700, followed by $0.00000800, $0.00000900 and $0.00001000.
Read Also: How High Can Cardano (ADA) Price Go This Week
Can SHIB Reach $0.000010?
The SHIB price has already climbed 50% from the $0.00000400 macro bottom to $0.00000600. From the current level, reaching $0.00000800 would require another 33.3% move.
The $0.00000650 level is therefore important. If SHIB holds $0.00000600 and breaks above $0.00000650, then $0.00000700 and $0.00000800 become the next levels to watch. A move through those could put $0.00000900 and $0.00001000 within reach.
There’s also clear support below the current price. The first support is $0.00000500, followed by the $0.00000400 macro bottom. If SHIB breaks below $0.00000500, the recovery setup weakens and $0.00000400 could come back into view. The chart also marks $0.00000300 as deeper support.
For now, SHIB has a new connection to Solana’s DeFi ecosystem at a time when the token is already recovering from its 2026 low. The next key test is $0.00000650. A break above that level would put $0.00000700 and $0.00000800 in focus, with $0.00001000 remaining the bigger resistance target.
FAQs
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
