TL;DR<\/strong><\/p>\n The total number of transactions processed on Shibarium <\/span>surpassed<\/span><\/a> 1.5 billion. The addresses that have interacted with the network <\/span>exceed 267,000, while the total number of blocks has reached almost 12.5 million.<\/span>\u00a0<\/span><\/p>\n Shibarium <\/span>is specifically designed<\/span> to reduce the transaction fees, improve speed, and enhance scalability within the Shiba Inu ecosystem. As such, some experts believe its progress can have a boosting effect on the price of SHIB. An example is the Bitcoin advocate Jeremie Davinci, who\u00a0<\/span>said<\/span><\/a>:<\/span><\/p>\n \u201cI like Shiba Inu, as you know, and\u00a0I think it will do relatively well in this cycle, but it may not go as high as you expect. <\/span>I think Shiba Inu has a lot of utility now that they have Shibarium, and <\/span>basically<\/span>, it\u2019s a chain that <\/span>you<\/span> can\u00a0<\/span>actually<\/span> run all kinds of applications.<\/span><\/p>\n However, nobody is using it, and there are no applications for <\/span>using<\/span> your tokens on Shibarium <\/span>yet<\/span>.<\/span>\u00a0If they\u00a0get that solved, Shiba Inu will go to the moon.<\/span>\u201c<\/span><\/p>\n<\/blockquote>\n Despite Shibarium\u2019s milestone, the meme coin remains in the red zone on a daily scale, currently trading at around $0.00001313.\u00a0<\/span><\/p>\n Some factors<\/span>, though,<\/span> suggest the price might head north soon.<\/span> Shiba Inu\u2019s burn rate has <\/span>exploded<\/span><\/a> by over 150%, resulting in <\/span>roughly 750,000 tokens <\/span>being sent<\/span> to a null address.<\/span> The USD equivalent of the destroyed stash is insignificant, but continuous efforts in that field will make SHIB scarcer and potentially more valuable in time (should demand not decline).\u00a0<\/span><\/p>\n SHIB\u2019s exchange netflow is also worth monitoring. <\/span>Outflows have surpassed inflows <\/span>in<\/span> the past week, <\/span>meaning<\/span> investors have shifted from centralized platforms to self-custody methods.<\/span> This<\/span>, in turn, reduces the immediate selling pressure. LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n\n
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The Latest Achievement<\/h2>\n
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SHIB Price Outlook<\/span><\/h2>\n
<\/span><\/p>\n![\"SHIB](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Shibarium_CB-4.jpg\")
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