Crypto
Shiba Inu rebounds after Solana launch, raising questions about inflows
Shiba Inu (SHIB) rebounded after launching an official canonical version on Solana. U.Today reported that liquidity migration via the Sunrise bridge was immediately reflected in SHIB’s price. Charts showed a bullish RSI divergence, with SHIB recovering from around $0.000055 and testing the $0.0000588 to $0.0000598 resistance range. Solana’s low transaction fees were cited as a driver, while SHIB’s ERC-20 supply remained unchanged.