On October 2, 2026, the Ethereum layer 2 chain Blast announced it is shutting down due to unsustainable economics, with users able to withdraw funds until October 26. Meanwhile, Shibarium, another Ethereum layer 2 chain linked to Shiba Inu, revealed its maintenance is currently funded by a single developer out of pocket, highlighting funding risks. Most SHIB tokens remain on Ethereum mainnet or exchanges, so holders are unaffected unless they bridged tokens to Shibarium. Users with bridged tokens should consider withdrawing them, factoring in withdrawal fees and times, as Shibarium generates minimal fees and depends on private funding for operation.
Shiba Inu-related Shibarium's funding risks come as 28 of 50 major cryptocurrencies on Pluang rose today. For readers following this sector, here is Pluang's market snapshot as of Oct 05, 2026 00:21 WIB: COMP (Compound) is priced at Rp443.257 with a 1-day change of -3.76% and 100% buy orders, XTZ (Tezos) at Rp5.858 with +3.68% change and 74% sell orders, and CRV (Curve DAO Token) at Rp6.598 with -3.31% change and 98% buy orders.
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