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8,348 events from 17,973 articles, data through 26 Oct 2026

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Shiba InuSHIB, coin
DisputedListing

Shiba Inu launches on Solana via Sunrise as burn rate spikes 6,847%

Shiba Inu went live on Solana through the Sunrise gateway on October 4, driving a 171% volume surge and a 6,847% burn rate spike.

Sources report conflicting figures or facts.

Why it matters

The Solana deployment expands SHIB's DeFi access to Solana's ecosystem including Jupiter, Raydium, Phantom, and Kamino, while the burn rate surge reduces circulating supply. The significance is limited to ecosystem expansion and community-tracked burn metrics.

Where the sources disagree

24-hour price change after Solana launch

4.36% to $0.000005959

U.Today

3.89% daily gain from $0.000055 low

U.Today

Article 179075 reports a 4.36% gain to $0.000005959, while article 179545 reports a 3.89% daily gain from a local low near $0.000055

Exchange netflow direction

~120 billion SHIB positive netflow

U.Today

~101.2 billion SHIB negative netflow

U.Today

Article 179546 reports netflows of roughly 120 billion SHIB (positive), while article 193182 reports negative netflow of roughly 101.2 billion SHIB

Key facts

Trading volume surged 171.8% to over $95,890,000 within 24 hours of the Solana launch

171.8 %Reported by U.Today

Price rose 4.36% to approximately $0.000005959 after the Solana launch

4.36 %Disputed figureReported by U.Today

Burn rate spiked 6,847.52% with 297.68 million SHIB burned in 24 hours to October 6

6,847.52 %Reported by U.Today

A single burn transaction accounted for 297,572,672 SHIB

297,572,672 SHIBReported by U.Today

Weekly burns reached 394.28 million SHIB, up 1,821.15%

1,821.15 %Reported by U.Today

Coinbase was the largest 30-day burner at 143,956,168 SHIB

143,956,168 SHIBReported by U.Today

What happened

Shiba Inu (SHIB) launched on Solana on October 4 via the Wormhole Labs-powered Sunrise asset gateway, providing a canonical Solana representation of the ERC-20 token without moving Shibarium or leaving Ethereum. U.Today reported that trading volume surged 171.8% to over $95.89 million within 24 hours of the launch, with the price rising 4.36% to approximately $0.000005959. Separately, the SHIB burn rate spiked 6,847.52% in the 24 hours to October 6, with 297.68 million SHIB burned, largely from a single transaction of 297,572,672 SHIB. Weekly burns reached 394.28 million SHIB, up 1,821.15%, while 30-day burns totaled 666.97 million. Coinbase was the largest 30-day burner at 143,956,168 SHIB. Exchange flow data showed mixed signals, with netflows ranging from 120 billion to negative 101.2 billion SHIB across different 24-hour periods. Developer Kaal Dhairya broke months of silence on X with a brief reply about Shibarium maintenance costs.

How the story developed

  1. First report

    First report by U.Today

    Coinbase Tops Shiba Inu Monthly Burners With 143,956,168 SHIB Burned

    U.Today

  2. Update

    Developer Kaal Dhairya breaks months of silence

    Replies 'Yours truly' on X regarding Shibarium maintenance costs amid Blast wind-down news

    U.Today

  3. Update

    Shiba Inu launches on Solana via Sunrise

    Canonical Solana representation of SHIB goes live, accessible in Jupiter, Raydium, Phantom, and Kamino

    U.Today

  4. Update

    Trading volume surges 171.8% post-launch

    Volume exceeds $95.89 million within 24 hours of Solana debut

    U.Today

  5. Update

    Burn rate spikes 6,847% in 24 hours

    297.68 million SHIB burned, driven by single transaction of 297,572,672 SHIB

    U.Today

How coverage built up

Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.

30 Sept, 10:452 independent sources11 Oct, 10:10

Affected entities

Shiba Inu (SHIB)Solana (SOL)Dogecoin (DOGE)Ethereum (ETH)Federal Reserve

Also mentioned: Coinbase, Pepe, Avalanche, Bitcoin, Robinhood, Uniswap, Optimism

ExchangesMacroRegulation

Original sources

PublisherReportRolePublished
U.Today
Crypto media		Coinbase Tops Shiba Inu Monthly Burners With 143,956,168 SHIB BurnedOriginal
U.Today
Crypto media		'Only' 20 Billion Shiba Inu (SHIB) Burned in 24 Hours: Main Implications for the MarketSyndicated
U.Today
Crypto media		Shiba Inu Developer Breaks Months-Long Silence Amid Shibarium SpeculationSyndicated
U.Today
Crypto media		DOGE Director Highlights 'Avalanche' of New Projects as Dogecoin Infrastructure ExpandsSyndicated
U.Today
Crypto media		277 Billion Shiba Inu (SHIB) Added: No, It's Not Bearish YetSyndicated
U.Today
Crypto media		Shiba Inu (SHIB) Goes Live on SolanaSyndicated
U.Today
Crypto media		Shiba Inu (SHIB) Goes Live on Solana NetworkSyndicated
U.Today
Crypto media		Shiba Inu Trading Volume Soars 171% After Launch on SolanaSyndicated
U.Today
Crypto media		Shiba Inu (SHIB) Slows Down as Netflows Dive to 120 Billion TokensSyndicated
U.Today
Crypto media		Shiba Inu (SHIB) Records Immediate Gains Following Official Solana ListingSyndicated
U.Today
Crypto media		Shiba Inu Burn Rate Up 6847% in Marked Surge With 297 Million SHIB BurnedSyndicated
U.Today
Crypto media		406 Billion in Shiba Inu (SHIB) Have Landed: Analyzing the EffectSyndicated
U.Today
Crypto media		Shiba Inu Forms First Double Death Cross of October: Is 'Uptober' in Trouble?Syndicated
U.Today
Crypto media		+1.34 Billion Shiba Inu (SHIB) in 24 Hours: What's Behind the Fresh Volume?Syndicated
U.Today
Crypto media		65 Billion SHIB in 24 Hours: Shiba Inu Selling Pressure Is FadingSyndicated
U.Today
Crypto media		Only 1.45 Billion Shiba Inu (SHIB) Burned in 24 Hours Hints at ReversalSyndicated

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