Shiba Inu is back on a bullish trajectory as traders appear to be actively participating in the leading meme token following recent developments.
As the meme token continues to advance and expand its presence across the crypto ecosystem, it has recently launched on the Solana blockchain, driving a rapid surge in its trading activity per data from CoinMarketCap.
Shiba Inu volume spikes 171%
While Shiba Inu has seen its onchain activity slow modestly in recent days, its launch on Solana on October 4 has driven a sharp surge in trading activity.
