Shiba Inu has rallied following positive developments surrounding Shibarium, but activity on the L2 blockchain remains significantly below its previous highs.
The past week has brought several positive developments to the Shiba Inu ecosystem, including an update on Shibarium’s ongoing reorganization and migration.
Mazrael, a Shiba Inu proponent, recently shared an update concerning the network’s migration. According to Mazrael, Kaal Dhairya, a major member of the ecosystem team, confirmed that the development team had resolved Shibarium’s reorganization issue.
However, one step remains. Mazrael said there is still a need for the DRPC to complete the transition.
Shibarium Resolves Reorganization Issue
The latest update comes months after Shibarium shut down its previous public RPC endpoints. For context, RPC endpoints connect users and applications to blockchain networks. Therefore, transitioning this infrastructure represents an important step toward improving Shibarium’s reliability as the network continues to evolve.
Although resolving the reorganization issue marks another positive development for Shibarium, network activity has yet to show a similar recovery.
$SHIB Rallies Above $0.000006
Days after the Shibarium update emerged, Shiba Inu climbed above $0.000006 and reached a multi-week high of $0.000006254.
The broader market rally appears to have provided the primary catalyst for $SHIB’s move. Nevertheless, the positive developments surrounding the Shiba Inu ecosystem have also added to the improving sentiment.
As a result, some market participants expected the renewed interest in $SHIB and the progress on Shibarium to translate into higher Layer-2 activity. The latest data portrays a different picture.
Shibarium Activity Remains Near Multi-Year Lows
At press time, Shibarium was processing only around 1,680 daily transactions.
That figure represents a 99.96% decline from the 4.69 million daily transactions the network recorded on August 21, 2025. Consequently, current activity remains only a fraction of the levels Shibarium reached during its peak period.
The Layer-2 network also recorded significantly higher activity during its early months following its 2023 launch. At the time, Shibarium frequently processed around 4 million transactions per day.
That elevated activity helped drive the network’s cumulative transaction count above 1.56 billion.
Shibarium Explorer Continues Blockchain Indexing
However, the transaction figure displayed by Shibarium’s blockchain explorer requires some context.
The explorer currently shows 611.96 million total transactions, while Shibarium has processed more than 1.56 billion transactions since its launch.
This discrepancy results from the explorer’s ongoing indexing process. So far, only around 53% of Shibarium’s blocks have been indexed, meaning the displayed transaction count does not yet capture the network’s complete transaction history.
Therefore, the 611.96 million figure should not be interpreted as Shibarium’s lifetime transaction count.
