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Shiba Inu's Shibarium explorer hits 612M transactions, boosting SHIB's growth outlook near $0.000006 resistance.

Protocol Fundamentals
02 Oct 2026
Coinpaper
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Bullish
Shiba Inu's Shibarium explorer hits 612M transactions, boosting SHIB's growth outlook near $0.000006 resistance.

Shiba Inu (SHIB) traded near $0.0000059 on October 2, rising about 2% amid growing activity on its Shibarium Layer 2 network, which now shows over 612 million indexed transactions and 239 million addresses. This network growth supports a positive fundamental narrative for SHIB as it attempts to break resistance around $0.000006. However, since Shibarium's native gas token is BONE, increased transactions do not directly increase SHIB demand. Still, the expanding ecosystem with over 1,200 dApps and 24,000 smart contracts could strengthen SHIB's broader market position. A sustained close above $0.000006 could open the way for a 10% price rise toward $0.0000065.

The story on Shiba Inu price prediction is presented with Pluang's market data for context. As of Oct 02, 2026 21:51 WIB, 38 out of 50 major cryptocurrencies rose today. Notable movers include AXS at Rp22.123 with a 7.84% increase, COTI at Rp251 with a 5.54% rise, and YFI at Rp46.041.468 up 5.32%.

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