Shibarium, the layer 2 solution for Shiba Inu, experienced a 58.8% drop in transactions in early May due to a server move and chain re-indexing aimed at improving network capacity and stability. Transactions fell from 3,010 on April 30 to 1,240 on May 2. The Shibarium block explorer was rebuilt and synchronization completed, with network activity expected to normalize and transaction volumes to rebound in the coming weeks. Shiba Inu developers continue to work on upgrades, including an AI application and enhanced transaction speeds, signaling potential growth ahead.
XRP's Binance Scarcity Index reached its highest level since 2024 as whales moved coins to non-custodial wallets, tightening supply and supporting price near $1.14. A BitGo whale transferred 114.9 billion Shiba Inu (SHIB) tokens to a new cold wallet,...
XRP is attempting a strong recovery, testing key resistance at its 50-day moving average, with bullish momentum returning but still facing significant resistance. Shiba Inu remains weak, trading below major moving averages and struggling to break key...
SHIB cryptocurrency experienced a 37% increase in activity on exchanges, with net outflows exceeding inflows by 62.8 billion tokens, suggesting a potential accumulation phase as investors withdraw tokens to hold. This shift indicates renewed demand a...
Shiba Inu (SHIB) attempted to recover past the key resistance level of $0.000005 but was sharply rejected, reinforcing a prolonged bearish trend. Despite brief rebounds, SHIB remains below major moving averages, indicating weak buying momentum and co...
Shiba Inu (SHIB) has experienced a 37% surge in exchange netflow over the past 24 hours, indicating increased buying activity among traders. This spike coincides with a rebound in SHIB's price, now trading around $0.000004463, suggesting renewed inve...
