Shiba Inu Unveils an ‘Useful’ Shibarium Update: Details

The announcement has not positively impacted SHIB's price. Shiba Inu has largely stayed out of the spotlight in recent weeks, keeping a low profile and making no major announcements. However, the team has broken its silence with a fresh update concerning its layer-2 scaling solution, Shibarium. Despite the news, SHIB remains in red territory on both daily and weekly timeframes, and certain factors suggest a deeper decline might be on the way. What’s New for Shibarium? Shiba Inu revealed on its official X account that it has implemented “a small but useful” update for Shibarium. Specifically, it refreshed its RPC listing in the Ethereum-lists/chains registry, and Chainlist now has updated connection details. Several X users applauded the move, saying it has made access to the protocol more convenient. Many others described the update as insignificant and even called the layer-2 scaling solution a scam. Their frustration may stem from Shibarium’s declining activity. Following an exploit last year, daily transactions processed on the network have fallen to the low thousands and occasionally even the hundreds, highlighting weak user engagement and potentially eroding investor confidenc...