On October 4, 2026, Shiba Inu (SHIB) was bridged to the Solana blockchain via the Sunrise bridge using Wormhole technology, enabling trading on nine Solana venues. However, two different tokens with the SHIB ticker appeared, both verified but only one being the official bridged Shiba Inu. The official SHIB token on Solana has a unique mint address, which is the only reliable identifier, while the other token is an unrelated memecoin with more holders. This situation highlights the importance of verifying token addresses on Solana due to the possibility of multiple tokens sharing the same ticker. Investors are advised to use official sources for mint addresses and be cautious when trading on decentralized exchanges, as mistakes can lead to irreversible losses. The Solana SHIB supply is a tiny fraction of the total SHIB supply on Ethereum, and the new trading route does not affect the overall circulating supply or market capitalization.
The story about SHIB on Solana provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, as of Oct 08, 2026 01:41 WIB, 5 out of 50 major cryptocurrencies rose while 44 fell. Notable price changes include BAL rising 11.14% to Rp16.297 and EGLD falling 11.09% to Rp71.352 with a 100% buy order activity on Pluang.
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