Shibarium Transactions Rocket 78% Ahead of Major Milestone

Shibarium, the layer-2 scaling blockchain of Shiba Inu (SHIB), has witnessed a sharp spike in network transactions. Shiba Inu daily transactions surged 78% over the past 24 hours, signaling renewed user activity and ecosystem momentum.

Spike in Shibarium transactions 

Recent data from Shibariumscan confirmed the 78% rally in Shibarium transactions. This spike pushed the Shibarium daily transactions count to 4,330, far outpacing the 2,430 recorded on Nov. 16, 2025.

Notably, Shibarium experienced a period of low activity in early October, with daily transactions dipping to 1,500 on Nov. 5. This marked a notable decline from peaks of more than 17,000 transactions registered on Oct. 24.

The decline in Shibarium user activity earlier this month aligned with broader market volatility. However, starting around mid-November, activity rebounded following new network milestones and a rebound in the Bitcoin (BTC) price.

For instance, Shibarium surpassed 14 million blocks, with total blocks at 14,027,952 on Nov. 10, which sparked interest from the SHIB community.

In a recent security action, Shibarium experienced network optimization via the Remote Procedure Call (RPC) migration upgrade. The upgrade, which is currently live, improves decentralization, uptime and developer access.

The Shibarium activity rebounded as the upgrade went live. Total cumulative transactions now exceed 1.56 billion, with active addresses surpassing 272.7 million.

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Shiba Inu price reaction

Amid the increase in Shibarium network activity, the SHIB price continued to trade downward. 

Over the previous day, the SHIB price has decreased by 3.14% to $0.0000087. Despite this decline, the daily trading volume surged 27.3% to $180.3 million, indicating renewed investor interest.

In the long term, the SHIB price looks bullish, especially with increased outflows from exchanges. 

The Shiba Inu meme coin recently recorded 64.89 billion SHIB transferred from exchanges in just 24 hours. The metric actually supports a bullish reading rather than a bearish one. 

Typically, net outflow indicates that tokens are exiting exchanges rather than joining them. When this happens, supply usually moves toward cold storage, staking or long-term holding. 

To put it another way, people are getting ready to hold rather than sell, which is a bullish signal for SHIB.

Therefore, the SHIB price could easily rally between $0.00000905 and $0.00000910, as long as volume remains robust. For now, markets are watching to see what the next move will be.