Recent data from Shibariumscan, the network explorer for Shiba Inu’s layer two solution Shibarium, shows a decrease in activity. The number of transactions on the network dropped significantly from 7,420 on April 18th to just 864 on April 21st.
The recent decrease in transactions is happening as Shibarium recovers and stabilizes after updates to both its core network and its data explorer.
As a crypto investor, I was really happy to see the recent upgrades to Shibarium. They basically moved everything to new servers and rebuilt the whole system from scratch to make it faster, more reliable, and able to handle more activity. It was cool watching the block explorer come back online – it went from being only partially synced at around 45% to fully up-to-date at 100%. It’s a good sign for the future of the network.
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During the recent system update, the Shibarium explorer displayed incorrect, lower numbers for network activity. With the update now complete, a reset of the explorer will reflect the true level of activity on Shibarium.
After completion, you’ll be able to see correct details about transactions, NFTs, token amounts, and wallet information. As the data stabilizes, we expect to get a much clearer picture of how much activity is really happening on Shibarium, with transaction numbers and other important stats returning to normal.
SHIB price
On Wednesday, cryptocurrencies rose in value, mirroring gains in the stock market, as positive economic news improved investor confidence. Other cryptocurrencies, known as altcoins, also saw price increases, benefiting from the overall optimistic market trend.
As of today, Shiba Inu’s price has increased by 2.65% over the past 24 hours, reaching $0.000006226. It’s also up 5.45% for the week. This continues a three-day recovery after hitting a low of $0.00000587 on Sunday.
According to CoinGlass, the total value of open crypto futures contracts has risen by 5.69% in the past day, reaching $127.4 billion.
Open interest (OI) went up for most major cryptocurrencies, indicating more money is flowing into the market and more people are using leverage. Higher activity in crypto futures trading could also mean the market has potential to keep rising.
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2026-04-22 16:24