Shibarium’s daily transaction volume has taken a significant hit, plummeting by 99.8%, mirroring the overall inactivity in the cryptocurrency market. Despite this steep decline, the network’s total transactions and blocks remain robust, showcasing its underlying stability. While Shiba Inu’s community navigates challenges related to fake tokens and phishing attempts, the platform continues to celebrate notable milestones and address security concerns. Shibarium recently celebrated its second anniversary, highlighting its progress since launch in August 2023. The network’s overall transaction count, block count, and address numbers demonstrate resilience despite temporary market fluctuations. This decline coincides with broader market stagnation, influencing user engagement. However, Shibarium remains active and operational, even as the crypto landscape grapples with a subdued market.