Shiba Inu burn rate collapses; Shibarium stabilizes after upgrade

Shiba Inu burn rate has collapsed toward zero as March ends. On March 31, only 906.4 SHIB were burned—one of the month’s lowest single-day totals—down from earlier spikes. The Shiba Inu burn rate decline is significant because community burns have long been used as a supply-reduction narrative. Despite the slowdown, a major cumulative milestone was reached: half of the circulating SHIB supply has now been permanently removed from circulation (via long-term burn events). Burn activity showed two clear peaks in March: 84,094,174 SHIB burned on Feb 28, and 54,693,900 SHIB burned on Mar 15. After mid-month, the rate faded sharply—15,911,451 SHIB on Mar 25, then just 906.4 SHIB on Mar 31. The burn tracker also changed its display, removing percentage-change metrics, which may reduce day-to-day transparency. Separately, Shibarium entered what the @Shibizens team calls a “clean stabilization phase” after a backend reindexing and infrastructure upgrade. Over the 48 hours before the update, Shibarium mainnet logged about 1,230 transactions per day, a steep fall from a Mar 26 peak of 10,940 daily transactions. Author: Newton Gitonga.