Ah, the mighty Shiba Inu, ever the underdog in the crypto jungle, is on the verge of a new, yet utterly unremarkable milestone. According to Shibariumscan (which sounds almost as serious as your average crypto fan’s spreadsheet), Shibarium Layer 2 is gearing up to hit 14 million blocks. Currently, it sits at a modest 13,994,936, leaving it with a mere 5,064 blocks to go. Oh, the excitement, the tension, it’s almost like waiting for the next season of a show that’s been dragging on forever.
Just back in May 2025, Shibarium hit a “groundbreaking” 11 million blocks. Now, in the last six months, they’ve managed to tack on a paltry 3 million blocks. It’s steady growth, yes, but let’s not kid ourselves-it’s not exactly setting the world on fire.
But don’t worry, folks, there’s hope! Shibarium will likely cross that shiny 14 million block threshold before 2025 wraps up. That’s assuming, of course, they don’t hit any major hiccups, or go into some unexpected crypto hibernation, which seems highly possible given the current transaction slumber.
Speaking of slumbers, daily transactions on Shibarium have fallen off a cliff. From a promising 17,270 transactions on October 24, we’re now down to a measly 2,420. But hey, let’s not be too harsh-other Shibarium stats are holding steady, like a tired old uncle at a family reunion: 1,568,687,637 total transactions and 272,740,757 total addresses. Groundbreaking stuff, folks.
In the “you have to keep up with tech or else” news, Shibarium’s recent upgrade to enhance decentralization and network uptime means they’re retiring the old public RPC connection. So, if you want to stay on the cutting edge, it’s time to say goodbye to the old URL and migrate to the new one. Or don’t. It’s your call, really.
Shiba Inu Price Surges 11% – Should We Care?
In the least surprising news of the week, Shiba Inu saw a “massive” 11% price surge on Friday. From a spectacular $0.00000902 to $0.000001034 (I’m sure you’re all holding your breath), resulting in a big, green daily candlestick. This all follows a broader market recovery, sparked by the news that the Fed might actually consider a rate cut in December. It’s not exactly revolutionary, but it’s something to cling to for now.
As of now, SHIB is up 11% in the last 24 hours, trading at a thrilling $0.00001006, finally managing to erase a much-watched zero from its price tag. Of course, it’s still down 0.66% for the week. So, let’s not start popping champagne bottles just yet.
Looking ahead, investors are anticipating a surge in the number of exchange-traded products (ETPs) offering exposure to altcoins, thanks to new guidance from U.S. regulators. Grayscale has already put Shiba Inu on the list of crypto assets that might qualify for these new ETPs. Isn’t that just the dream come true for any Shiba enthusiast who’s still clinging to hope?
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2025-11-08 17:02