# Shiba Inu Trading Volume Rises 199% as SHIB Reaches Solana

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/27106
Published: 2026-10-06T17:39:05.000Z
Updated: 2026-10-06T17:39:05.000Z
Section: Investing

> SHIB’s 24-hour trading volume reached about $101 million. Sunrise is introducing the token’s canonical representation on Solana.

Shiba Inu (SHIB) trading volume rose 199% to about $101 million over 24 hours as SHIB became available on Solana through Sunrise.

SHIB traded near $0.000005943, up about 2% over the same 24-hour period. The volume increase followed a Shib account post dated Oct. 5 announcing the Solana availability.

Sunrise is introducing SHIB’s canonical representation on Solana. SHIB remains an ERC-20 token on Ethereum, and Shibarium continues to operate separately.

The broader memecoin sector’s total market capitalization rose 43% in the third quarter, its strongest quarterly gain since the second quarter of 2025. SHIB gained 44.1% during the quarter, advancing in each of its three months, as detailed in TokenPost’s [coverage of its quarterly performance](<https://www.tokenpost.com/news/investing/26588>).

## Links in this article

- [coverage of its quarterly performance](https://www.tokenpost.com/news/investing/26588)