DeFi· ★★· bearish·

Shiba Inu Network Activity Remains 99.96% Below 2025 Peak Despite Shibarium Fix

  • —Shibarium processes about 1,680 daily transactions versus 4.69 million on August 21, 2025
  • —Activity is down 99.96% from the 2025 peak
  • —Shiba Inu team resolved Shibarium's reorganization issue, but the DRPC transition remains incomplete
  • —SHIB rose above $0.000006 and hit a high of $0.000006254
Why it matters: Weak L2 activity contrasts with SHIB's price rally, raising doubts about the sustainability of the move without an on-chain recovery.
#SHIB
Source: The Crypto Basic
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