The article examines the current stagnation of Shibarium, a Layer-2 solution for Shiba Inu, through an analysis of key network metrics.
Shibarium Account Growth
According to Shibariumscan, the number of accounts in the Shibarium network increased by about 6,000 between December 2024 and January 2025, from 223,136 to 229,492 accounts. Despite the slight increase, an average of 8,064 accounts were active, indicating the project's growth slowdown. Analysts suggest that users may have found alternatives offering lower transaction fees.
Transaction Figures Stagnation
Transaction figures in Shibarium have stalled at around 4 million, not reaching the 5 million mark. From December 2024 to January 2025, the number of new transactions fluctuated between 4,511,553 and 4,771,450. The cumulative block count on the network reached 8.847 million, reflecting a linear growth path. Analysts note that such figures may be related to general caution in the crypto market. There are predictions of SHIB's revival, which could spur growth.
Shibarium's Strategic Developments and Future Outlook
In an attempt to galvanize the ecosystem, SHIB developers have released the Shibarium Token Repository update. Token owners can now add images and information to enhance visibility. Experts consider this a positive for user experience and further development opportunities for Shibarium. Additionally, this complements plans to launch the Layer-3 solution TREAT.
Shibarium's growth remains slow, but the steps taken by developers may help change the situation in the future.
