Shibarium Sees Update Amid Continued Weakness in Network Activity

Shibarium has returned to public attention with an update that refreshes connection details for its layer-2 network. The team updated Shibarium's RPC listing in the Ethereum-lists/chains registry, and Chainlist now shows refreshed network connection data.

The update comes as Shibarium continues to trade lower across daily and weekly periods. Daily transactions remain far below previous million-level activity, with some days seeing only a few hundred transactions.

SHIB has dropped about 6% over the past week and trades near $0.000005196, based on CoinGecko data. Its market value stands slightly above $3 billion, placing SHIB around 33rd among cryptocurrencies by market capitalization.