Skip to content
Back to Guavy Wire
Crypto

Shiba Inu Developer Ends Months-Long Silence Amid Shibarium Speculation

Instruments
ETH SHIB
Share

Shiba Inu developer Kaal Dhairya has broken a months-long silence on X, sparking speculation about the future of Shibarium, the Layer 2 network. Dhairya's brief response, 'Yours truly,' came after an X user asked who was paying for the maintenance and updates of Shibarium. This question was raised after Ethereum Layer 2 network Blast announced it would wind down operations due to high operating costs and a lack of economic sustainability.

Blast users have until October 26 to withdraw their assets, and this development has raised concerns about Shibarium's viability. However, Dhairya's response suggests that Shibarium is not abandoned, but it does not provide any details about the funding structure or costs involved. Despite the uncertainty, Shibarium has continued to receive infrastructure attention, with recent updates and migrations to a new, more stable RPC infrastructure.

The Shibarium explorer, Shibariumscan, reports an ongoing reindexing of the chain, with 54% of blocks currently indexed. This development has sparked renewed interest in Shibarium, but it remains to be seen whether Dhairya's response is enough to alleviate concerns about the network's future.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc