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Shiba Inu's Layer 2 Shibarium sees 216% transaction spike, hinting at renewed network activity.

Protocol Fundamentals
19 Jul 2026
UToday
View Source
Bullish
pluang ai news

Shiba Inu's Layer 2 blockchain, Shibarium, experienced a 216% increase in daily transactions over the weekend, rising from 939 to 2,960 transactions. This surge follows earlier spikes in the month, suggesting growing user activity and potential momentum recovery after a period of stagnation. The trend indicates possible renewed interest in Shibarium, but sustained growth in transactions will be needed to confirm a lasting turnaround. Meanwhile, regulatory changes in Japan and new crypto ETFs including Shiba Inu may further support its ecosystem development.

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