Worst Month for Shibarium? Transactions Fall 82% in Days

The post Worst Month for Shibarium? Transactions Fall 82% com. Shibarium, the Shiba Inu (SHIB) layer-2 blockchain, has again lost its recovery momentum about a week after it registered a 742% surge. As October winds down, the popular "Uptober," widely anticipated to trigger a recovery for the Shiba Inu ecosystem, has recorded one of the worst performances. Shibarium's daily transactions plunge to historic lows Shibariumscan data shows that the daily transaction count is at a historical low, with figures plunging below 3, 000. As of Oct. 29, Shibarium only recorded 2, 980 daily transactions. This signals that users have withdrawn from engaging with the layer 2 despite assurances from the SHIB team. In the last 35 days, Shibarium transactions have fluctuated within a narrow range below the 20, 000 count. This represents a massive slip from the 2-3 million range it recorded in the month before its current underperformance. In July, for instance, Shibarium logged 4. 18 million as the daily transaction count. Those were times when the transaction count was experiencing a massive boost due to increased engagement from users. The highest peak it hit in the month of October was 19, 620 transactions, on Oct. 14, 2025. The development has left many disappointed, considering that Shibarium was doing well and hitting significant milestones in terms of daily transactions and block count. You Might Also Like Currently, total transactions remain at 1, 568, 663, 119 from 272, 722, 133 addresses. The total blocks on Shibarium stand at 13, 855, 690 with an average block time of 5. 0 seconds. Uptober disappoints as SHIB price and engagement slide In the broader cryptocurrency space, Shiba Inu has also slipped by a significant 19. 26% in the last 30 days. In a month historically regarded as bullish for the meme coin, SHIB added a zero, further complicating things for investors. As of press time, Shiba Inu is changing hands at $0. 000009887, which represents a 1. 01% decline in the last 24.

admin October 31, 2025

**Shibarium’s Recovery Momentum Falters Following Recent Surge**

Shibarium, the Shiba Inu (SHIB) layer-2 blockchain, has once again lost its recovery momentum about a week after registering a remarkable 742% surge. As October draws to a close, the much-anticipated “Uptober” rally—expected to revive the Shiba Inu ecosystem—has instead delivered one of its worst performances to date.

**Shibarium’s Daily Transactions Plunge to Historic Lows**

Data from Shibariumscan indicates that daily transaction counts have dropped to historic lows, falling below 3,000. On October 29, Shibarium recorded only 2,980 daily transactions, signaling a significant decline in user engagement despite ongoing assurances from the SHIB development team.

Over the past 35 days, daily transactions on Shibarium have fluctuated within a narrow range below 20,000. This marks a steep decline compared to earlier performance levels, which saw figures in the millions. For example, in July, Shibarium logged an impressive 4.18 million daily transactions, during a period of heightened user activity.

The highest transaction count recorded in October was 19,620 on October 14, 2025, a peak that still fell short compared to earlier months. This downward trend has left many in the community disappointed, especially given Shibarium’s previous milestones in daily transactions and block production.

Currently, the Shibarium network has processed a total of 1,568,663,119 transactions from 272,722,133 addresses. The total number of blocks stands at 13,855,690 with an average block time of 5.0 seconds.

**Uptober Disappoints as SHIB Price and Engagement Slide**

Beyond the Shibarium layer-2, the broader Shiba Inu cryptocurrency has also experienced a significant decline, dropping 19.26% over the past 30 days. Historically a bullish month for the meme coin, this Uptober instead saw SHIB add a zero—further complicating prospects for investors.

At press time, SHIB is trading at $0.000009887, reflecting a 1.01% decrease in the last 24 hours. Meanwhile, trading volume has fallen by 10.85%, down to $196.07 million during the same period.

Investor enthusiasm appears subdued, with many hesitant to accumulate SHIB amid ongoing uncertainty in both the cryptocurrency market and the wider financial landscape.

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*Stay tuned for further updates on Shiba Inu’s ecosystem developments and market movements.*
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