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Shiba Inu's Shibarium L2 transactions hit a monthly low of 659, signaling reduced network activity.

Protocol Fundamentals
18 Oct 2026
UToday
View Source
Bearish
Shiba Inu's Shibarium L2 transactions hit a monthly low of 659, signaling reduced network activity.

Shibarium, the layer-2 network for Shiba Inu, experienced a significant drop in daily transactions to 659, the lowest since September 20, 2026. This decline follows a peak of 5,710 transactions on October 6, indicating a slowdown in network usage despite ongoing technical upgrades like the launch of CreateX and deployment of Safe v1.4.1 contracts. Meanwhile, Shiba Inu's holder base continues to grow with 2,495 new holders added in October, although the price has declined over the past week. The transaction drop highlights reduced activity but does not fully capture ecosystem participation, as development and indexing efforts continue quietly.

Shiba Inu trades at Rp0.088 on Pluang as of Oct 18, 2026 22:31 WIB, down 1.93% in one day. The market cap stands at Rp51.89 trillion with a 24-hour volume of Rp629.36 million. Despite the transaction drop in Shibarium, Pluang data shows a balanced order activity with 54% buy and 46% sell orders, and a typical hold time of 106 days.

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