Coinpaper 2026-04-10 17:09:50

Shibarium Records 33% Transaction Growth Amid SHIB Recovery

Shibarium has recorded a notable increase in daily transactions, signaling a gradual return of user activity. The layer-2 network tied to Shiba Inu is showing early signs of recovery. Transaction rebound reflects renewed user engagement The latest data shows daily transactions climbed to 942, marking a 33% increase. Just two days earlier, activity stood at 707 transactions. This rise indicates users are returning to the network after a period of slower engagement. The rebound suggests improving sentiment among participants. Overall, Shibarium has processed more than 1.46 billion transactions since launch. It has also generated over 14.5 million blocks and attracted millions of wallet addresses. The network continues to maintain a steady block time of five seconds. However, current activity still remains below earlier peak levels. In the past month, the highest daily transaction count reached 10,940. That peak was recorded on March 26, 2026. Since then, activity has declined sharply and struggled to recover. The recent uptick may signal a shift in momentum. Shibarium price movement supports a gradual recovery trend The recovery in Shibarium activity coincides with a modest price increase in SHIB. The token recently moved from $0.000005828 to $0.000006038. At the time of writing, SHIB trades near $0.00000590. This reflects a slight gain of 0.38% over the past 24 hours. Trading volume has also risen by nearly 20%, reaching $130 million. This increase points to renewed interest from traders and investors. Large holders appear to be positioning for potential gains. Increased whale activity has been observed, especially on major exchanges. Meanwhile, Shibarium continues to track broader crypto market trends. Bitcoin’s return to higher price levels has also influenced sentiment.

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