Shibarium sees a 33% rise in transactions as SHIB rebounds

crypthub

1 day ago

Transaction Rebound

Daily transactions on Shibarium climbed to 942, a 33% rise from 707 just two days earlier. The increase signals users are returning after a period of slower activity. This rebound reflects improving sentiment among participants. It suggests a gradual recovery in network usage.

Network Milestones

Since its launch, Shibarium has processed more than 1.46 billion transactions and generated over 14.5 million blocks. The network maintains a steady five‑second block time. Its highest daily count was 10,940 on March 26, 2026, but current levels remain below that peak. The recent uptick may indicate a shift in momentum.

Price and Market Activity

The SHIB token rose from $0.000005828 to $0.000006038, trading near $0.00000590 and up 0.38% in 24 hours. Trading volume increased by nearly 20% to $130 million. Large‑holder (whale) activity has grown on major exchanges. Bitcoin’s price gains are also boosting overall market sentiment.