As a SHIB investor, I’ve been keeping a close eye on the burn rate, and it’s taken a pretty significant dip recently. According to the burn trackers, it’s actually dropped by about 100% from its highest point this month, hitting one of the lowest levels we’ve seen all of March on the last day. It’s definitely something to watch, as burns impact the token’s supply.
Still, by now, half of the circulating SHIB supply has been moved out of circulation.
SHIB burns collapse 100%
According to the data, today, March 31st, marks a low point, reaching one of the lowest levels so far. Looking at the month of March, there were only two days with significant SHIB token burns: February 28th, with 84,094,174 SHIB burned, and March 15th, with 54,693,900 SHIB burned.
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On March 25th, the SHIB community burned a total of over 15.9 million tokens. Today, approximately 906 SHIB have been burned. The website has been updated with a new design, but it no longer shows how daily SHIB burns are increasing or decreasing.
Shibarium enters “clean stabilization phase”
The team behind Shibarium announced a recent upgrade to their network and shared the news with the SHIB community on X (formerly Twitter) under the account @Shibizens. They say Shibarium is now entering a period of stability after completing a major infrastructure update and fully re-indexing its backend.
Shibarium Update – March 30, 2026
Shibarium is now in a period of stabilization after a significant upgrade to its underlying infrastructure and a complete re-indexing of its data.
Here’s a look at recent network activity (over the past 48 hours):
* Daily Transactions: 1,230 – transaction numbers are returning to normal after the upgrade.
* Explorer Sync: Currently at 84% and progressing…— Shibarium | SHIB.IO (@Shibizens) March 30, 2026
Shibarium’s main network has been processing around 1,230 transactions daily over the last two days. While this is down from a high of 10,940 transactions on March 26th, the network’s data synchronization is currently at 84% and continuing to improve, according to the latest report.
Just wanted to share an update on the network – everything’s back up and running! It’s still getting back to 100% after the recent upgrade, but things are looking good. I’ve also been checking the testnet (Puppynet), and it’s stable and performing well, which is a great sign.
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2026-03-31 17:44