Shibarium, a layer 2 scaling solution for the Shiba Inu (SHIB) blockchain, has seen a sharp increase in the number of transactions per day. Despite the surge in Sybarium trading, SHIB is still trading at a low price amid the overall market downturn.
Shibarium transactions are rapidly increasing
Recent data from SybariumScan shows that daily trading has increased markedly, reaching a 14-day high. As of November 14, 2025, the number of transactions per day was approximately 7,620, up from the previous day’s low of 4,480.
The latest rally comes after a quiet period for Sybarium trading since October 2025. As revealed in a report by U.Today, Sybarium trading is Recorded historic single-day lows October 29th.
On this day, Shibarimumu recorded only 2,980 transactions per day. This decline indicates that users have stopped engaging with Layer 2, despite assurances from the SHIB team.
In contrast, the recent surge in transactions coincides with broader network milestones. Shibariomu Over 14 million blocks On November 10th, the total number of blocks reached 14,027,952.
This means that Shibarium has added over 5,000 blocks in a few days. As a result, the total number of transactions jumped to 1,568,692,765.
The total number of active addresses now stands at 272,756,428 272, indicating renewed user engagement. However, this recent surge in transactions is not an all-time high, but rather a sign of recovery from a tough October.
Another important factor driving the increase includes recent network security upgrades. The Shiba Inu team revealed that Shiba Rium is currently under renovation. Upgrading the RPC migration network. This security upgrade helps power a stronger, more distributed network built for long-term reliability.
SHIB price is still bleeding
Meanwhile, the price of SHIB, an ecosystem token, does not reflect the surge in Shibarium transactions.
SHIB is currently trading at around $0.0000092, down 5.8% from the previous day, giving it a market capitalization of $5.4 billion. However, trading volume increased by 25.6% to $205.8 million, suggesting increased market activity.
If the volume remains high or rises further, SHIB price could turn bullish. It is important to note that the recent decline in SHIB prices comes amid a downturn in the overall cryptocurrency market.
Also note that high-value transactions do not necessarily directly correlate to higher prices. With 589 trillion SHIB tokens in circulation, the supply will not be significantly depleted any time soon, even if actively burned. Prices are still driven by hype and are susceptible to meme coin volatility.
