Shiba Inu’s layer-2 blockchain, Shibarium, has recorded a 122% surge in daily transaction volume, despite ongoing technical maintenance on its block explorer platform.
Escalating transaction activity
Between September 6 and September 8, 2026, Shibarium’s daily transaction count climbed from 786 to 1,750, according to data from Shibariumscan. This sharp increase followed a period of significantly lowered network activity the previous week.
The substantial uptick points to renewed activity on the blockchain. However, users have been urged to interpret these figures cautiously due to infrastructure updates that could affect the reported data.
Shibariumscan’s homepage displays a notice stating that indexing is still underway. The explorer currently shows, “51% Blocks Indexed—We are currently indexing this chain. Some of the counts may be inaccurate.” This means transaction and block counts displayed during the reindexing phase may not fully reflect real-time network performance.
Ongoing infrastructure overhaul
Shibarium’s infrastructure overhaul began in late 2025. The project has undertaken substantial server upgrades and a comprehensive chain reindexing process.
During the initial stages of reindexing, the Shibarium explorer displayed a considerable lag in block and transaction counts, underreporting the actual processed network data. This reindexing effort aims to rebuild the explorer’s database to provide a complete and accurate record of Shibarium’s blockchain history.
The figures you see during the reindexing phase may not be indicative of actual activity on the blockchain, as 51% of blocks have been indexed and some counts may still be inaccurate.
Market response and trader sentiment
Against a backdrop of broader industry volatility, Shiba Inu’s price dropped to $0.00000535 early Wednesday before rebounding as traders focused on macroeconomic signals and upcoming decisions from the Federal Reserve.
Investors are closely monitoring several U.S. economic indicators in the days ahead. The August producer price index is set for release on Thursday, with the consumer price index following on Friday. These data points will likely influence market sentiment leading up to the Federal Reserve’s rate decision on September 15 and 16.
At the time of reporting, SHIB stood at $0.00000543, marking a 0.35% gain over the previous 24 hours and a 6.35% increase over the week. Since peaking at $0.00000558 on September 5, SHIB has traded within a tight range, fluctuating between $0.00000534 and $0.00000557 while participants await clearer direction.
In fast-moving markets, where a single Fed announcement or a sudden altcoin listing can quickly shift trends, efficiency and speed are crucial for market participants. Many traders now consolidate charting, news, and portfolio monitoring using privacy-focused tools such as CryptoAppsy. This platform enables users to access real-time price charts, custom alerts, coin-specific updates, and macroeconomic data on a single screen—without requiring account signup.
