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Shibarium upgrades with Safe contracts boost security; SHIB price rises amid market rebound.

Protocol Fundamentals
03 Sep 2026
Dailycoin
View Source
Bullish
Shibarium upgrades with Safe contracts boost security; SHIB price rises amid market rebound.

Shibarium, the Layer-2 network for Shiba Inu (SHIB), has deployed Safe v1.4.1 smart contracts to enhance security with multisignature wallet functionality. This upgrade, verified on ShibariumScan, adds an extra layer of protection for users and supports ongoing ecosystem improvements like the upcoming Shiba Eternity Play 2 Earn game. Despite a low Total Value Locked (TVL) of $86,379 compared to $3 million in late 2025, Shibarium maintains steady daily transactions and a growing wallet count nearing 100 million. Following these developments and a broader market rebound, SHIB's price increased by 4.42% in 24 hours, signaling renewed investor interest.

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