The Shiba Inu layer-2 blockchain, Shibarium, has experienced a dramatic drop in activity, plummeting from 4.8 million daily transactions to a mere 9,590 in just ten days. This drastic decline of 99.8% raises questions about the network’s future and its ability to gain widespread adoption despite significant investments. While initial excitement surrounding Shibarium may have driven early investor participation, the recent slump is attributed to user disengagement, with no technical outages reported during this period. Experts believe that Shibarium’s future will depend on the ability to offer practical use cases beyond speculative hype and attract a wider community of engaged users. .