The Shibarium activity of Shiba Inu has increased by 151%: What are the reasons behind this?
2026-10-11 00:40:50
CoinMeta data: The Layer-2 network of Shiba Inu has seen a 151% surge in trading volume over the past 24 hours, jumping from 970 transactions on October 8th to 2,440 transactions on October 9th. Although there was a significant decline after the trading volume reached as high as 5,710 on October 6th, trading activity on Shibarium has gradually increased since the beginning of October. According to ShibariumScan data, 56% of the blocks have currently been indexed. Although the inconsistency in trading activity has raised doubts about whether this growth indicates a sustained recovery in Shibarium usage, the 151% surge has once again brought its trading activity to the forefront. Currently, the price of Shiba Inu has risen by 1.24% over the past 24 hours, now at $0.00000546, with a weekly decline of 4.05%.
Source:U.Today
This content is for market information only and does not constitute investment advice.
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