#ShibaInu has rallied following positive developments surrounding Shibarium, but activity on the L2 blockchain remains significantly below its previous highs.
Mazrael, a Shiba Inu proponent, recently shared an update concerning the network’s migration. According to Mazrael, Kaal Dhairya, a major member of the ecosystem team, confirmed that the development team had resolved Shibarium’s reorganization issue.However, one step remains. Mazrael said there is still a need for the DRPC to complete the transition.
Days after the Shibarium update emerged, Shiba Inu climbed above $0.000006 and reached a multi-week high of $0.000006254.
The broader market rally appears to have provided the primary catalyst for SHIB’s move. As a result, some market participants expected the renewed interest in $SHIB and the progress on Shibarium to translate into higher Layer-2 activity. The latest data portrays a different picture.
At press time, Shibarium was processing only around 1,680 daily transactions. That figure represents a 99.96% decline from the 4.69 million daily transactions the network recorded on August 21, 2025.
The Layer-2 network also recorded significantly higher activity during its early months following its 2023 launch. At the time, Shibarium frequently processed around 4 million transactions per day.
$SHIB
Mazrael, a Shiba Inu proponent, recently shared an update concerning the network’s migration. According to Mazrael, Kaal Dhairya, a major member of the ecosystem team, confirmed that the development team had resolved Shibarium’s reorganization issue.However, one step remains. Mazrael said there is still a need for the DRPC to complete the transition.
Days after the Shibarium update emerged, Shiba Inu climbed above $0.000006 and reached a multi-week high of $0.000006254.
The broader market rally appears to have provided the primary catalyst for SHIB’s move. As a result, some market participants expected the renewed interest in $SHIB and the progress on Shibarium to translate into higher Layer-2 activity. The latest data portrays a different picture.
At press time, Shibarium was processing only around 1,680 daily transactions. That figure represents a 99.96% decline from the 4.69 million daily transactions the network recorded on August 21, 2025.
The Layer-2 network also recorded significantly higher activity during its early months following its 2023 launch. At the time, Shibarium frequently processed around 4 million transactions per day.
$SHIB
