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Shiba Inu (SHIB) Goes Live on Solana via Sunrise Gateway

SHIB went live on Solana at 16:05 UTC on 4 October 2026 through Wormhole Labs' Sunrise gateway, with about $514,000 of liquidity in 20 minutes.

Shiba Inu (SHIB) Goes Live on Solana via Sunrise Gateway
Photo: Picography, CC0, via Wikimedia Commons

Shiba Inu (SHIB) went live on the Solana blockchain on Sunday, 4 October 2026, through Sunrise, an asset gateway built by Wormhole Labs. Sunrise announced the listing at 16:05 UTC (21:35 IST), and the official Shiba Inu account confirmed it five minutes later. About $514,000 of liquidity sat in Solana pools within 20 minutes. The original SHIB remains an ERC-20 token on Ethereum.

Key takeaways

  • The Solana contract address that Sunrise calls the canonical SHIB is shib5gSoVKPjwkXrxRk7SbQFzb2R9rQB3TgQWYX4RwW. Match it before you swap.
  • In the first five minutes, about 3,005 trades worth roughly $300,000 came from 1,401 wallets.
  • SHIB can be traded in Solana apps including Jupiter, Raydium, Phantom and Kamino Swap.
  • The listing barely moved the price. SHIB closed Sunday at $0.00000591, up 2.8% on the day as the wider market rose late.
  • Before moving SHIB between an Indian exchange and a wallet, check which network the exchange supports. A deposit on the wrong network can be lost.

What happened with SHIB on Solana

SHIB's arrival on Solana was announced in three posts on 4 October 2026. Sunrise posted at 16:05 UTC that SHIB was listed on Solana, the official Shiba Inu account confirmed at 16:10 UTC that SHIB had landed, and Solana's own account followed minutes later. On-chain data show the Solana SHIB token live and trading, with a supply of about 35.7 billion SHIB on Solana at about 21:50 UTC on 5 October.

Sunrise is a Wormhole Labs gateway that brings tokens from other blockchains to Solana as one official, or canonical, version per asset, instead of several competing wrapped copies from different bridges. The Solana SHIB is a representation of the same token, not a new issue, so Ethereum stays SHIB's home chain. Sunrise has done this before: Dogecoin went live on Solana through it in September 2026, and PEPE followed on 18 September.

SHIB on Solana in numbers

SHIB's Solana launch figures and prices below are as of the times shown. Prices are from Binance's SHIB/USDT market.

ItemFigure
Sunrise announcement16:05 UTC, 4 October (21:35 IST)
Shiba Inu confirmation16:10 UTC (21:40 IST)
Liquidity after 20 minutesAbout $514,000
First five minutesAbout 3,005 trades, about $300,000, 1,401 wallets
SHIB, 16:00 to 17:00 UTC hour$0.00000573 to $0.00000572
SHIB close, 4 October$0.00000591, up 2.8% on the day
SHIB at 21:31 UTC, 5 October$0.00000589, down 1.0% in 24 hours

SHIB's first minutes were modest next to PEPE, which passed $40 million of Solana trading volume in roughly 24 hours after its 18 September listing. The live rate of ₹0.000550 is on our Shiba Inu price in INR page, and Solana's own token is on our Solana price in INR page.

Why SHIB on Solana matters for Indian investors

SHIB on Solana gives Indian holders who use Solana wallets such as Phantom a way to trade SHIB inside Solana apps without going through Ethereum. It also adds a new way to lose tokens. Anyone can create a token named SHIB on Solana, so check the contract address above before swapping. And before you withdraw SHIB from an exchange or deposit it back, confirm which network the exchange supports for SHIB: sending the Solana version to an address meant for Ethereum SHIB, or the reverse, can leave the tokens stuck. Our guide to choosing the right network explains the same problem for USDT, and our page on crypto sent to the wrong address covers what can and cannot be recovered.

The tax rules do not change with the chain. Any gain on SHIB, including a crypto-to-crypto swap on Solana, is taxed in India at a flat 30% plus 4% cess, with 1% TDS on transfers, and losses cannot be set off against other income. If you buy SHIB with rupees, use an exchange on the list of FIU-registered crypto exchanges. A new chain also does not change SHIB's supply, which is why our look at whether SHIB can reach ₹1 still applies.

What to watch next

SHIB's Solana listing leaves three things to track after 4 October 2026.

  • Volume: whether Solana SHIB trading grows towards the level PEPE reached on Solana in September.
  • Exchange support: whether centralised exchanges, including Indian ones, add the Solana network for SHIB deposits and withdrawals.
  • Price: whether wider access does anything for SHIB, which was flat over the week to 4 October.

FAQ

Is SHIB on Solana the real Shiba Inu token?

Yes, if it uses the contract address shib5gSoVKPjwkXrxRk7SbQFzb2R9rQB3TgQWYX4RwW, which Sunrise calls canonical and the official Shiba Inu account confirmed on 4 October 2026. Other tokens using the SHIB name on Solana are not official.

Can I send SHIB from an Indian exchange to a Solana wallet?

Only if the exchange offers the Solana network for SHIB withdrawals. If it supports only Ethereum, withdraw to an Ethereum-compatible wallet instead, and always check the network on the withdrawal screen.

Did the SHIB price rise after the Solana listing?

Barely. SHIB went from $0.00000573 to $0.00000572 in the hour of the announcement, then closed Sunday at $0.00000591, up 2.8%, as the wider market rose late in the day.


This article is AI-assisted, educational and general in nature. It is not financial advice and never a guarantee of profit. Every trade is at your own risk on your own exchange. See our risk disclosure and editorial policy.

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