SHIB finds the light: Sunrise bridge lights a +3.89% fire under the dog 🐕

Shiba Inu ($SHIB) climbed 3.89% over 24 hours after the canonical version of the token went live on Solana via the Sunrise bridge, with TradingView's hourly chart showing a rebound from a local low near $0.000055 toward resistance in the $0.0000588–$0.0000598 range. The token is up 2.69% on the week.

The move followed the rollout of the Sunrise infrastructure, which has been progressively expanding access to large Ethereum-based assets on Solana. According to the project, the canonical launch of $SHIB was followed by a transfer of liquidity through Sunrise, drawing in fresh capital consistent with a pattern previously observed for other migrated assets.

Technical indicators registered the shift immediately. TradingView data shows the RSI forming a bullish divergence on the hourly chart at the time of the announcement, aligning with the price recovery from the $0.000055 floor.

The launch of the canonical $SHIB on Solana is part of a broader initiative to bring major Ethereum assets to the network through Sunrise, with liquidity migration serving as the core mechanism for activating trading on the new chain.