Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Shibarium, the scale 2 solution of the Shiba Inu blockchain (SHIB), has experienced a sharp spike in its number of daily transactions. Despite the peak of the Shibarium transaction, SHIB is still trading low amid a broader market decline.
Shibarium transactions are increasing
Recent data from Shibariumscan shows a remarkable increase in daily transactions, reaching a 14-day high. As of November 14, 2025, daily transactions have risen to around 7,620, from a low of 4,480 the previous day.
The latest rally comes after a period of calm in Shibarium transactions, from October 2025. As revealed in a report U.Today, Shibarium transactions it recorded an all-time low on October 29.
On this day, Shibarium recorded only 2,980 daily transactions. This decrease signaled that users have withdrawn from engagement with layer 2 despite assurances from the SHIB team.
In contrast, the latest spike in transactions aligns with broader network milestones. Shibarium crossed 14 million blocks on November 10, with total blocks rising to 14,027,952.
This implies that Shibarium has added more than 5,000 blocks in a matter of days. As a result, the total transactions increased to 1,568,692,765.
Currently, the total active addresses are 272,756,428 272, indicating new user engagement. However, this recent transaction spike is not an all-time high, but a sign of recovery after a rough October.
Another key factor driving growth includes recent network security updates. The Shiba Inu team disclosed that Shibarium is undergoing a The RPC migration network update. This security update will help reinforce a stronger, more distributed network built for long-term reliability.
You may also like it
SHIB’s price is still bleeding
Meanwhile, the price of the ecosystem token, SHIB, did not reflect the increase in Shibarium transactions.
SHIB is currently trading at around $0.0000092, down 5.8% on the previous day, with a market capitalization of $5.4 billion. However, the volume of trade increased by 25.6% to $205.8 million, suggesting an increase in market activity.
If volume remains high or climbs higher, SHIB price could see a bullish turnaround. It is important to note that the recent decline in the SHIB price comes amid a general decline in the crypto market.
Also note that high transactions do not always correlate directly to a price increase. With 589 trillion SHIB tokens in circulation, even aggressive burns will not drastically deflate the supply anytime soon. The price remains driven by hype, vulnerable to the volatility of meme coins.
