Shadow Token SHDW

What SHDW actually is on-chain

Shadow Token is an SPL token deployed on Solana, at contract address SHDWyBxihqiCj6YekG2GUr7wqKLeLAMK1gHZck9pL6y. That address, not the ticker SHDW, is what uniquely identifies this asset: anyone can deploy a second token calling itself SHDW, but the contract is unforgeable. Verify it against solscan.io before sending funds or approving a spend.

On Solana the token account model means SHDW is held in an associated token account derived from the mint above, and a wallet has to be rent-funded in SOL before it can receive the token at all. Fees are a fraction of a cent, so the cost of trading SHDW is dominated by pool slippage in Raydium and Orca pools, not by gas — the opposite of the EVM case.

For SHDW the project publishes an active account as @genesysgo. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where SHDW sits in the market

Ranked #1683, Shadow Token falls in the lower small-cap band. The order book absorbs size poorly at this depth: one meaningful market order can reprice the tape by several percent before it retraces minutes later. A lone static price target therefore fires on noise, and what you want is a condition built to survive that wick. Venue coverage is narrow, which makes volume-based delisting a concrete risk rather than a theoretical one.

We are not currently receiving a live SHDW order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. SHDW is a Solana asset, so whatever turnover exists is most likely in Raydium and Orca pools rather than on a centralised book, and every fill there costs SOL in gas on top of the pool's own fee.

SHDW against its all-time high

Shadow Token's record high is $2.82, set on 2022-01-05. That high sits in a range where whole-cent and whole-unit levels are genuinely traded, which makes them usable as alert thresholds if a quote returns. It was set 5 years ago. A peak that old describes a supply structure and a holder base that have almost certainly turned over since. We are not quoting a drawdown from it because no tracked venue is giving us a live SHDW price — a stale or single-pool number would make that percentage look precise when it is not.

SHDW across its historical range

SHDW has traded across a 221x range, between $0.0128 and $2.82. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

The record low of $0.0128 was printed on 2022-10-16 — 4 years ago. We have no live quote to measure the current distance from it.

SHDW supply and valuation data

Supply figures for SHDW are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $5.2 million as of 2026-05-12. That is in the upper quartile of tracked assets by fully diluted value.

Since the figure is a snapshot rather than a live number, we do not reverse it into a supply count: the price has moved since it was taken, and that division would produce a confident but incorrect token count. For any per-token valuation, check the current supply on the project's own explorer first. The authoritative figure is the one solscan.io reports for this contract.

What kind of asset SHDW is

Shadow Token is an infrastructure asset — the category that includes oracles, data availability, storage and physical-infrastructure networks. Demand for these is derived rather than direct: it depends on how much is being built on top, which makes revenue steadier but growth slower than in consumer-facing categories. Token value accrual is often the weakest link and is worth verifying before assuming it exists.

CoinGecko files SHDW under 4 categories, including Storage, Solana Ecosystem, DePIN, Made in USA. CoinGecko also records deployments on Solana (3,129 tracked tokens), so its on-chain liquidity and its user base move with that network. Worth flagging from the metadata: SHDW is tagged as US-originated.

How to set a Shadow Token alert that is worth receiving

Shadow Token is the SPL token at SHDWyB…pL6y on Solana — high dated 2022-01-05 — rank #1683. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →