Bitget Highlights Shiba Inu’s 330% Rally Potential by 2026 Amid Ecosystem Expansion
Shiba Inu (SHIB) is making waves in the cryptocurrency market with a notable 7% weekly surge, reaching $0.00001516, driven by aggressive token burns and advancements in the Shibarium Layer 2 network. A significant burn event on July 18 destroyed 5.89 million SHIB tokens, marking an 869% increase in burn rate, while trading volume soared to $314 million. Bitget analysts point to the upcoming launch of the SHI stablecoin under the GENIUS Act as a major catalyst for SHIB's growth, with price targets projected between $0.000017 and beyond. This development, coupled with ongoing ecosystem enhancements, positions SHIB for a potential 330% rally by 2026, capturing the attention of investors and traders alike.
Shiba Inu Price Prediction: 330% Rally Potential by 2026 Amid Ecosystem Growth
Shiba Inu (SHIB) is capturing market attention with a 7% weekly surge to $0.00001516, fueled by aggressive token burns and Shibarium LAYER 2 developments. The July 18 burn event destroyed 5.89 million SHIB—an 869% increase—tightening supply as trading volume hit $314 million.
Bitget analysts highlight the upcoming SHI stablecoin launch under the GENIUS Act as a key catalyst, with price targets of $0.000017-$0.000020 by Q4 2025. Meanwhile, Unilabs Finance emerges as a potential challenger, leveraging AI-driven tools to attract speculative capital from meme coin investors.
XRP and Solana Gain Momentum Amid ETF Speculation and Legal Clarity
XRP is capturing renewed investor interest as ETF Optimism and post-lawsuit momentum build, despite recent price volatility. Institutional confidence has strengthened since Ripple's partial legal victory in March, with products like ProShares' UXRP futures fueling speculation about a potential spot ETF. "XRP is regaining market momentum as renewed ETF speculation intersects with increasing legal clarity," said Bitget Wallet CMO Jamie Elkaleh. The token briefly surpassed $3.60 before settling around $3.09 after $105 million in long liquidations and a controversial $175 million wallet transfer linked to Ripple co-founder Chris Larsen.
Analysts remain bullish, with Bitget Research Chief Analyst Ryan Lee noting, "Renewed ETF speculation and legal clarity are significant catalysts driving XRP toward the $3 mark." A MOVE to $3.50–$4 appears plausible in the coming weeks. While XRP's ETF exposure is currently limited to futures, progress toward a spot product could trigger another wave of inflows, especially if the SEC maintains its softened stance post-March ruling.
Solana is also benefiting from the ETF buzz, with analysts projecting a potential rise to $250. The broader market is watching as regulatory clarity and institutional interest reshape the landscape for these digital assets.