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Shibarium, Shiba Inu's layer-2 blockchain, has registered a staggering spike in daily transactions. The daily transaction count soared from 63,180 to over 700,000 as users increased their activities in the ecosystem.
Shibarium transaction volumes explode as user activity spikes
According to data from Shibariumscan, the total number of transactions registered on June 5 stood at 710,280. The spike followed a total transaction of 63,180 on June 3, 2025. The staggering 1,013% surge signals increased user engagement with Shibarium.
Major on-chain developments could have triggered the spike as the ecosystem gained traction due to growing addresses. Notably, Shibarium addresses have grown to 263,766,738, and the number of daily transactions has steadily increased.
In the last 48 hours, an additional 1.89 million transactions have occurred after U.Today reported Shibarium flipping the 1.2 billion transaction mark. Shibarium currently has 1,202,123,654 transactions, a significant rise from the previous 1,200,232,125 transactions recorded this week.
The increased ecosystem activity on Shibarium is expected to positively improve the value of SHIB and other tokens in the Shiba Inu space.
However, as of press time, the SHIB price was changing hands at $0.00001228, representing a 3.99% decline in the last 24 hours. Meanwhile, user engagement has increased trading volume by 78.56% to $261.8 million.
Shibarium developers in spotlight
In the Shibarium ecosystem, developers and high-volume users have recently been urged to run their nodes. This development follows a Shibarium update introducing rate limits on public Remote Procedure Call (RPC) endpoints.
The move aims to ensure more decentralization, ensure that the network functions more efficiently and make it more difficult to shut down. Aside from independence, it also guarantees the network's security.
With the recent spike in daily transaction count and increased user engagement, community members anticipate that the development would lead to price gains for SHIB, which has struggled unsuccessfully to rebound to $0.0000130.
Vladislav Sopov
U.Today Editorial Team