Shiba Inu has recorded a 26.4% surge in active addresses on its network over the past week. The number of active addresses increased from 1,983 on August 12 to 2,506 on August 18, representing an addition of 523 active addresses in seven days. This rise in network activity contrasts with the stagnation of SHIB’s price, which trades at $0.000004452. The token nonetheless posted a modest gain of 1.1% over the last 24 hours. Market participants speculate that this intensification of participation could stimulate demand and trigger a potential price recovery.
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