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Shiba Inu’s Shibarium Struggles As New Accounts Crash To Fresh Lows

2025-06-23 14:36:48

Shiba Inu’s Shibarium Struggles As New Accounts Crash To Fresh Lows

Description

Following its launch by the Shiba Inu team back in August 2023, the Shibarium network has been subject to the highs and lows of the market. Despite coming from a team with a large community, the Ethereum Layer 2 network has struggled to stay relevant in the fierce competition among Ethereum Layer 2 networks. After the initial run fueled by the anticipation of the launch, the Shibarium network is dealing with low participation as new account numbers flatline. New Accounts On Shibarium Fall Below ...

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