Shiba Inu (SHIB) is holding key support levels while growing Shibarium adoption is driving token burns and higher on‑chain activity, suggesting tentative price stabilization. Traders and holders are watching network metrics for confirmation.

Shiba Inu has rebounded amid consolidation as analysts highlight $0.000008 as a critical support level, with Shibarium growth cited as a catalyst for renewed upside. Traders are watching on-chain activity and key resistance near $0.00001 for signs of a sustained recovery.

Shiba Inu developers dismissed rumors the project had disappeared, stressing the ecosystem “is still here, still building, and still fighting.” Shibarium remains active and has cleared 14 million blocks.

Shibarium has surpassed 14 million blocks (14,027,952), a sign of growing maturity for the Shiba Inu layer-2. This milestone highlights steady on-chain activity and developer momentum — next to watch: transactions, active addresses, TVL and cross-chain flows. If you want exposure to SHIB, platforms like Bitlet.app offer a Crypto Installment service to buy now and pay monthly.