SHIB Price Climbs as Shibarium Reorg is Said to be Fixed, But Burn Activity Takes a Hit

Shiba Inu's price surged by 4.2% in the past 24 hours, reaching $0.000005605 according to CoinGecko data. The weekly gain is even higher at 7.5%. However, a crucial aspect of Shibarium's development has been affected, as burn activity dropped by over 90% in the same time period.

The reorganization issue on Shibarium was reported to be fixed by developer Kaal Dhairya, according to community member Mazrael. This update suggests that dRPC still needs to complete its move in the new environment. Yet, little information is available about what caused the reorg and how long it lasted.

The slow-down of burns could raise concerns among investors, as a significant portion of SHIB's supply has been destroyed over time through this mechanism. Despite this, Shibarium replaced its old public RPC setup in late 2025, which may have contributed to the current situation.