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Shibarium transactions spike to 7,220 after months below 1,000, but Shiba Inu remains unstable.

Protocol Fundamentals
31 May 2026
Cointribune
View Source
Neutral
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Shibarium, the blockchain platform linked to Shiba Inu, saw a sharp increase in daily crypto transactions, reaching 7,220 on May 26, 2026, after months of staying below 1,000 transactions per day. This surge coincides with a broader crypto market recovery led by Bitcoin and Ethereum, suggesting renewed interest. However, Shiba Inu's token remains fragile, having dropped out of the top 30 cryptocurrencies amid competition and economic uncertainty, including inflation concerns. The future of Shiba Inu depends heavily on whether Shibarium can achieve real adoption and sustain this transaction growth amid macroeconomic challenges and the need for significant DeFi or NFT projects.

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