DeFi· ★★· bearish·

Shibarium daily transactions fall to 659, lowest since September

  • —Shibarium logged 659 transactions in 24 hours vs 2,280 on October 15
  • —October peak was 5,710 transactions on October 6
  • —CreateX, Safe v1.4.1 and x402 for AI payments went live on the network
  • —SHIB dropped 2.98% in a day and 10.13% over the week
Why it matters: Falling L2 activity signals weak demand for the Shiba Inu ecosystem and weighs on SHIB price.
Source: U.Today