SHIB Burn Rate Declines Significantly While Millions of Coins Are Still Burned; Shiba Alpha Layer Explorer Enters Beta Testing
2025-07-16 11:38:26
Main Idea
The SHIB burn rate has declined significantly, but the community continues to burn millions of tokens; meanwhile, the Shiba Alpha Layer block explorer enters beta testing, enhancing Shibarium's Layer 3 infrastructure.
Key Points
1. SHIB burn rate dropped by nearly 100%, with 46,451,929 SHIB burned in the last seven days and 180,292 SHIB burned in the last 24 hours.
2. Despite the decline, the SHIB community remains active in reducing circulating supply to support token scarcity.
3. The Shiba Alpha Layer block explorer has entered beta, offering instant indexing, live transaction data, and network analytics for Shibarium's Layer 3 ecosystem.
4. Key features of the explorer include zero-latency data, instant indexing, and enhanced contract monitoring.
5. The launch of the explorer reflects Shiba Inu's commitment to improving technical infrastructure and user experience in decentralized finance.
Description
Shiba Inu’s SHIB token experiences a sharp decline in burn rate, yet millions of coins continue to be permanently removed from circulation. The Shiba Alpha Layer block explorer launches in
Latest News
- CRYPTO BILLS CLEAR PROCEDURAL HURDLE IN HOUSE2025-07-16 17:36:55
- Ethereum Futures Open Interest Hits Record $48.28 Billion, Led by Binance and CME Contracts2025-07-16 17:11:11
- CUDIS Sees Notable Surge Amid Growing Interest in AI-Driven Health Incentives on Solana Blockchain2025-07-16 16:53:41
- XRP Briefly Surges Above $3 Amid Speculation on Federal Reserve Chair Powell’s Potential Departure2025-07-16 16:53:23
- Bank of America Explores USDT Stablecoin Use Amid Regulatory Uncertainty and Market Growth2025-07-16 16:53:07