Over the past year, the Shiba Inu network has experienced significant growth, attracting numerous new addresses despite market fluctuations.
Address Growth Amid Market Volatility
Shiba Inu not only increased the number of millionaires but also wallet addresses, even as prices fell in 2024. According to IntoTheBlock, the number of SHIB addresses stood at 3.8 million as of February 19, 2024, growing to 4.64 million over the year.
Increase in Active and Inactive Addresses
Addresses without SHIB balance saw a noticeable rise from 2.5 million in 2024 to 3.26 million in 2025. Meanwhile, wallets with a positive balance grew from 1.29 million to 1.39 million, indicating ongoing investor interest.
Long-Term Holding Trends Strengthen
Holding patterns show expansion across all categories of SHIB holders. Long-term investors, holding SHIB for over a year, grew from 1.03 million to 1.06 million, while short-term traders increased from 25,720 to 44,280.
Despite volatile price performance, the steady rise in wallet addresses and holder distribution indicates ongoing interest in Shiba Inu.
