Shiba Inu Shibarium Shows Possible Recovery as Daily Transactions Rise to 4.8 Million

• Daily on-chain transactions jumped 41% to 4.8M, boosting total transactions to 1,549,991,843.

• Network metrics show 12,656,075 total blocks and 268,129,034 total addresses active on Shibarium.

• SHIB price edged higher (about 1% at press time) as developers progressed on LEASH v2 technical work.

Shibarium transactions hit 4.8M, total 1.55B; read the latest Shiba Inu news, on-chain stats, and LEASH v2 updates — full analysis and key takeaways.

What caused the recent rebound in Shibarium transactions?

Shibarium transactions rebounded after a 3.4M trough due to renewed network activity and increased user transactions, rising 41% to 4.8M in 24 hours. This surge pushed cumulative transactions to 1,549,991,843 and occurred alongside modest SHIB price recovery and developer updates on LEASH v2.

How large is Shibarium’s current on-chain footprint?

Shibarium now records 12,656,075 total blocks and 268,129,034 total addresses, according to recent Shibarium scan data. These metrics indicate steady on-chain growth and an expanding address base, reflecting broader network adoption and sustained transaction throughput.

Shiba Inu news: How is SHIB price reacting to network activity?

SHIB price showed a slight recovery as Shibarium transactions increased. SHIB declined earlier in the week from $0.00001339 to $0.000012 before rebounding to around $0.00001239 at press time, improving roughly 1% in 24 hours as market sentiment stabilized.

What is the status of LEASH v2 development?

The Shiba Inu developer team confirmed that development of LEASH v2 has started. The team said technical work is underway, with more details to follow after internal reviews. Advisors and potential consultations with Zama were mentioned as part of architecture planning and feature design.

Frequently Asked Questions

How many blocks and addresses are on Shibarium now?

Recent data lists 12,656,075 total blocks and 268,129,034 total addresses, reflecting a growing network footprint and sustained on-chain participation.

Will increased transactions affect SHIB price?

Higher network activity can support positive sentiment, but price moves depend on broader market conditions. SHIB rose roughly 1% to $0.00001239 during the recent transaction uptick.

Key Takeaways

• Transaction rebound: Daily transactions rose 41% to 4.8M, signaling renewed activity.
• On-chain scale: Cumulative transactions reached 1,549,991,843 with over 268M addresses.
• Developer progress: LEASH v2 development has started, with architecture discussions ongoing.

Conclusion

Shibarium’s recent surge to 4.8 million daily transactions demonstrates renewed network momentum and coincides with a modest SHIB price recovery. On-chain metrics—total transactions, blocks, and addresses—show continued growth. Watch for official LEASH v2 technical updates from the development team and COINOTAG coverage for further analysis and context.