Shibarium Transaction Volume Plummets to Monthly Low of 659 Daily Transactions
Shiba Inu's layer-2 network, Shibarium, experiences a significant decline in daily transactions, reaching its lowest point in a month.
Shiba Inu's layer-2 network, Shibarium, experiences a significant decline in daily transactions, reaching its lowest point in a month. Shiba Inu (SHIB) is trading at ₹0.000476 ($0.000005), up 0.4% since this brief published. This is an original Token Times brief based on reporting by U.Today, with live market data added, as of Mon, 19 Oct 2026 01:15:01 UTC.
The drop in Shibarium's transaction activity could indicate reduced user engagement or technical issues, potentially impacting the broader ecosystem's growth and investor sentiment.
- Shibarium's daily transactions fell to 659, the lowest in a month.
- Shiba Inu (SHIB) price remains relatively stable despite the network slowdown.
- The decline may affect investor confidence in Shibarium's adoption and utility.
Shibarium, the layer-2 network for 
Shiba Inu, has experienced a notable decline in transaction activity, with daily transactions reaching a low of 659, according to U.Today.
This figure represents the lowest number of transactions recorded on the network in the past month, indicating a potential slowdown in user activity or possible technical challenges.
Despite the transaction decline, Shiba Inu (SHIB) has shown relative stability, with only a minor 0.12% increase in the last 24 hours, though it has fallen by 9.23% over the past week.
The broader cryptocurrency market remains relatively flat, with a total market cap of $2.81 trillion, while 
Bitcoin has seen a modest 0.81% increase in the last 24 hours.
The Fear & Greed Index currently stands at 59, indicating a state of 'Greed,' suggesting that investor sentiment remains cautiously optimistic despite the Shibarium slowdown.
Since this brief published about 10 hours ago, Shiba Inu (SHIB) has moved from ₹0.000474$0.00000498 to ₹0.000476$0.000005 — +0.40%.
The chart plots SHIB's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 SHIB ≈ ₹0.000517 (about $0.000005), up 0.3% over 24 hours. The rupee itself trades about 8.7% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Shibarium Transaction Volume Plummets to Monthly Low of 659 — questions & answers
What is Shibarium's current daily transaction count?
Shibarium's daily transactions have dropped to 659, the lowest in a month.
How has the Shiba Inu (SHIB) price reacted to the transaction decline?
SHIB's price has remained relatively stable, with a slight 0.12% increase in the last 24 hours.
What could be the implications of the transaction decline for Shibarium?
The decline may indicate reduced user engagement or technical issues, potentially impacting Shibarium's growth and investor confidence.
How much is 1 Shiba Inu worth in rupee today?
About ₹0.000517 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.000005. The rupee price moves with both SHIB's US-dollar price and the USDT/INR rate; use our Shiba Inu in rupee page for any amount.
Has Shiba Inu's price moved since this brief was published?
SHIB is up 0.40% since this brief first published — trading at ₹0.000476 ($0.000005) now versus ₹0.000474 ($0.00000498) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from U.Today. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.