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Shibarium Upgrade Launched—Shiba Inu Eyes Bigger Utility

June 8, 2025
in Crypto News
Reading Time: 3 mins read
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  • Shiba Inu is rolling out a critical Shibarium node upgrade to fix RPC issues and enhance mobile wallet compatibility.
  • New DeFi tools and community governance via ShibDAO mark a push toward greater utility and long-term network engagement.

A new Shiba Inu ecosystem update shows that Shibarium has received a fresh upgrade. This news signals renewed efforts by the Shiba Inu development team to push for broader utility across its ecosystem. The latest rollout affects Puppynet, Shibarium’s testnet, and the mainnet, requiring node operators to apply the changes urgently.

Shiba Inu Developers Push Node Upgrade Amid Key Fixes

Previously, we reported that the Shibarium team announced that a rate limit will soon be deployed on the public RPC endpoint. 

A new report in this light is now emerging, with an important update issued to Shiba Inu developers. Per the update, all node operators are to update their systems following a recent upgrade on the mainnet and Puppynet. 

The announcement, shared by the Shibarium Updates’ X account, pointed users to the official documentation for guidance. According to the update, the team emphasized the need for swift action to ensure network stability and compatibility.

Notably, this move follows a critical update with the prerogative of resolving persistent issues tied to the MetaMask wallet. It was mentioned that version 7.46.0 or 7.46.1 of MetaMask is expected to correct an RPC error affecting mobile users interacting with Shibarium. 

The error was caused by unsupported EIP-1559 methods on Shibarium’s RPC, which had blocked several mobile transactions. The correction ensures a smoother mobile experience for Shiba Inu holders using the network.

In another development, a previous issue involving missing mainnet snapshots on Shibarium was resolved in May. These snapshots are vital for node syncing and reliable network operations. With these gaps fixed, developers can rely on a more stable infrastructure.

Meanwhile, it is essential to say that SHIB adoption is growing smoothly. As noted in our earlier report, SHIB has created a huge community base behind it, pushing Shibarium to massive adoption, with over 264 million addresses being generated.

Shiba Inu Ecosystem Expands Tools as Long-Term Holding Grows

Alongside the core network update, Shiba Inu has enhanced its DeFi Toolkit. The new version includes features such as concentrated liquidity pools, better reward distribution systems, and improvements to ShibTorch burns. These enhancements boost Shibarium’s use cases beyond trading, giving developers and users access to more refined tools.

ShibDAO, the ecosystem’s governance model, is also now active. This gives the community greater influence over future upgrades and project directions. Community involvement appears to be growing in tandem with network activity.

Additionally, CNF reported that the Layer 2 solution has expanded the SHIB network’s capabilities and clarified its direction for builders and investors.

As of the latest data, Shibarium has processed over 1.2 billion transactions, with the total block count surpassing 11 million. The number of unique addresses now stands at 264 million. Daily transactions are averaging above 700,000, showing steady network usage.

Further data reveals that 79% of SHIB wallets are now long-term holders. This indicates growing investor confidence in Shiba Inu’s direction, despite recent price drops triggered by wider market volatility. The token traded for $0.00001279, up 0.51% in 24 hours.

Still, as mentioned in our recent news brief, Shiba Inu’s Shibarium DApp Store launched on April 24 with over 1,200 decentralized applications and has surpassed 1 billion transactions on Shiba Inu’s Layer 2 blockchain.


Credit: Source link

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