Shibarium Activity Jumps 78% While SHIB Price Stalls

Shiba Inu saw a sharp 78 percent jump in transactions on its layer two network Shibarium over the weekend. This major boost in usage shows that people are still interacting with the ecosystem despite the recent price slowdown across the board.

While on chain metrics look strong, the SHIB token itself traded mostly flat on Saturday. The broader crypto market is still recovering from recent liquidations that hit major digital assets hard, leaving many traders waiting for clearer market direction.

Traders should keep a close eye on whether this spike in network usage can eventually help push the token price higher. For now, the contrast between rising network activity and flat price action highlights a cautious mood among crypto investors.