The token has experienced significant growth of nearly 80% in just one month. During the past month, SHDW has been added to the listings of multiple leading centralized exchanges such as Crypto.com and Gate.io.
Consequently, the daily trading volume of the token has seen a consistent rise, with an impressive surge of over 200% recorded today. The recent upswing in Solana’s network activity has sparked considerable interest in utility tokens like SHDW.
This interest has been further fueled by the increased engagement of developers across the platforms. Solana’s network facilitates a diverse range of use cases, including web hosting, archival and backup services, social media applications, datasets, and personal storage solutions.