Shibarium, Shiba Inu’s layer-2 network, saw its daily transactions surge 151% from 970 on Oct. 8 to 2,440 on Oct. 9. This jump follows a steep decline to 5,710 transactions on Oct. 6, raising questions about whether this signals a sustainable recovery. ShibariumScan indicates ongoing reindexing with 56% of blocks processed, which may explain the data inconsistency. SHIB trades at $0.00000546, up 1.24% in 24 hours but down 4.05% weekly. The surge puts Shibarium’s transaction activity back in focus as the Shiba Inu ecosystem pursues greater utility.
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