{"id":87514,"date":"2025-08-11T16:37:10","date_gmt":"2025-08-11T16:37:10","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=87514"},"modified":"2025-08-11T16:37:10","modified_gmt":"2025-08-11T16:37:10","slug":"shiba-inus-shibarium-blasts-through-another-major-milestone-details-here","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=87514","title":{"rendered":"Shiba Inu\u2019s Shibarium Blasts Through Another Major Milestone: Details Here"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Shiba Inu\u2019s layer-2 network has processed over 1.5B transactions. Experts see potential for SHIB price growth if real utility and applications on Shibarium expand.<\/span>
\nA 150%+ burn rate spike and net exchange outflows suggest reduced supply and lower selling pressure, potentially supporting a rebound.<\/p>\n

<\/a><\/span><\/h2>\n

The Latest Achievement<\/h2>\n

The total number of transactions processed on Shibarium <\/span>surpassed<\/span><\/a> 1.5 billion. The addresses that have interacted with the network <\/span>exceed 267,000, while the total number of blocks has reached almost 12.5 million.<\/span>\u00a0<\/span><\/p>\n

Shibarium <\/span>is specifically designed<\/span> to reduce the transaction fees, improve speed, and enhance scalability within the Shiba Inu ecosystem. As such, some experts believe its progress can have a boosting effect on the price of SHIB. An example is the Bitcoin advocate Jeremie Davinci, who\u00a0<\/span>said<\/span><\/a>:<\/span><\/p>\n

\u201cI like Shiba Inu, as you know, and\u00a0I think it will do relatively well in this cycle, but it may not go as high as you expect. <\/span>I think Shiba Inu has a lot of utility now that they have Shibarium, and <\/span>basically<\/span>, it\u2019s a chain that <\/span>you<\/span> can\u00a0<\/span>actually<\/span> run all kinds of applications.<\/span><\/p>\n

However, nobody is using it, and there are no applications for <\/span>using<\/span> your tokens on Shibarium <\/span>yet<\/span>.<\/span>\u00a0If they\u00a0get that solved, Shiba Inu will go to the moon.<\/span>\u201c<\/span><\/p>\n

SHIB Price Outlook<\/span><\/h2>\n

Despite Shibarium\u2019s milestone, the meme coin remains in the red zone on a daily scale, currently trading at around $0.00001313.\u00a0<\/span><\/p>\n

Some factors<\/span>, though,<\/span> suggest the price might head north soon.<\/span> Shiba Inu\u2019s burn rate has <\/span>exploded<\/span><\/a> by over 150%, resulting in <\/span>roughly 750,000 tokens <\/span>being sent<\/span> to a null address.<\/span> The USD equivalent of the destroyed stash is insignificant, but continuous efforts in that field will make SHIB scarcer and potentially more valuable in time (should demand not decline).\u00a0<\/span><\/p>\n

SHIB\u2019s exchange netflow is also worth monitoring. <\/span>Outflows have surpassed inflows <\/span>in<\/span> the past week, <\/span>meaning<\/span> investors have shifted from centralized platforms to self-custody methods.<\/span> This<\/span>, in turn, reduces the immediate selling pressure.
\n<\/span><\/p>\n

<\/a>SHIB Exchange Netflow, Source: CryptoQuant<\/p>\n

The post Shiba Inu\u2019s Shibarium Blasts Through Another Major Milestone: Details Here<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Shiba Inu\u2019s layer-2 network has processed over 1.5B transactions. Experts see potential for SHIB price growth if real utility and applications on Shibarium expand. A 150%+ burn rate spike and net exchange outflows suggest reduced supply and lower selling pressure, potentially supporting a rebound. The Latest Achievement The total number of transactions processed on […]<\/p>\n","protected":false},"author":0,"featured_media":87515,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87514","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/87514"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=87514"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/87514\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/87515"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=87514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=87514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=87514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}