Shiba Inu: Shibarium Activity Plummets, Transaction Volume Falls to a 2-Month Low

Jakarta, Pintu News – As reported by The Crypto Basic (26/8), activity on the Shiba Inu blockchain (SHIB) has decreased due to the recent market downturn, with transaction volumes and new account creation falling dramatically.

Furthermore, the latest market downturn has led to a sharp drop in activity on Shiba Inu’s official blockchain, Shibarium.

Shibarium Processes 624,135 Transactions

Data from Shibariumscan recently showed that the Layer-2 (L2) blockchain processed 624,135 transactions yesterday. While significant, the figure recorded the lowest volume in the last two months.

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Before yesterday, the last time Shibarium processed under 624,000 transactions was on June 4, 2025. At that time, Shibarium recorded only 63,780 transactions. However, the decline did not last long.

Daily transaction volumes rose to around 4 million transactions until yesterday, when the figure fell sharply to 624,135.

Shibarium New Accounts Decline While Active Accounts Increase

The decline in Shibarium network activity is also reflected in the number of new accounts added to the blockchain.

Based on the data, the number of new accounts on Shibarium dropped to 12 yesterday, which registered a decrease of 47.82% compared to the 23 on the previous day. For perspective, new accounts on Shibarium reached a 30-day peak of 752 on August 14.

Despite a decline in transaction volume and new accounts yesterday, Shibarium still recorded an increase in the number of active accounts. Specifically, the number of active accounts reached 2,752 yesterday, up 30.86% compared to the 2,103 figure on the previous day.

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Shibarium’s Awesome Stats Since Launch

Despite the recent downturn, Shibarium has recorded a remarkable performance since the mainnet launch in August 2023. So far, around 288,621 accounts have joined the network, while over 268.25 million wallets have interacted with the blockchain.

Shibarium has processed over 1.56 billion transactions since its inception, outperforming several leading blockchains, including Cardano, in this metric. In addition, approximately 12.74 million blocks have been minted on Shibarium.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CoinGape. Analyst Eyes 540% Surge for Shiba Inu Price Despite Low On-Chain Activity, Can It Happen? Accessed on August 27, 2025
• The Crypto Basic. Shiba Inu Shibarium Activity Slumps as Transaction Volume Falls to 2-Month Low. Accessed on August 27, 2025