Shibarium: daily tx jump 33% as SHIB dey rebound
Shibarium, Shiba Inu’s Ethereum layer-2, report say daily transactions jump 33% to 942 (up from 707 two days ago). Network data show over 1.46 billion total transactions and 14.5M+ blocks, with average block time about 5 seconds. But daily activity still dey below earlier highs; 30-day peak was 10,940 transactions (Mar 26, 2026).
This rise come together with small SHIB recovery. SHIB climb from around $0.000005828 to peak near $0.000006038 and dey trade near $0.00000590, while 24h volume rise about 19.7% to roughly $130M. Report also point to increasing “whale” behaviour on major exchanges and SHIB dey track Bitcoin strength as BTC reclaim $71,000 zone.
Separately, Shibarium just finish server migration and full chain reindexing — infrastructure work wey fit support more scaling, possibly ahead of Shibarium layer-3 testing wey start Mar 21.
For traders, main takeaway na network-usage strength for SHIB, no be confirmed trend reversal. If Shibarium transaction growth continue and SHIB volume remain high, short-term sentiment fit improve. If activity fall back under earlier peak ranges, price fit return to range-bound pattern.
Neutral
Di price support for SHIB dis round na come from combination of "network use pick up + trading volume strong", but di signal still dey for recovery stage: daily trading volume don rise by 33% and trade value near $130 million, yet current activity level still lower than previous peak (30-day peak 10,940). The report also talk say SHIB dey move with BTC and some whales don increase their positions for exchanges, which fit bring short-term sentiment improvement.
But the article itself stress say this more of network activity signal not confirmation of trend reversal. If Shibarium transaction growth no fit continue, or SHIB trading volume no fit expand further and return to previous range lower bound, then price likely go continue to chop around instead of one-way up. For medium to long term, server migration and full-chain reindexing plus start of layer-3 testing fit be potential positives for capacity expansion, but market usually go wait for more stable, longer-term usage data to verify their impact.