Shiba Inu Price Surges 3.214% as Shibarium Boosts Decentralization

Shiba Inu's latest price was $0.00001542, up 3.214% in the last 24 hours. The Shiba Inu team has announced a crucial update regarding the Shibarium blockchain aimed at strengthening the network's decentralization. Soon, public Remote Procedure Call (RPC) endpoints will have rate limits applied. According to the announcement, the move isn’t aimed at restricting access. Instead, it is designed to encourage a more decentralized and resilient ecosystem. With the introduction of these limits, Shibarium is urging developers and high-volume users to run their own nodes instead of relying on public endpoints.

In its basic form, a node is a copy of the blockchain that helps verify transactions and ensure the network continues to function. Better privacy, increased resistance to censorship, and unrestricted access are some of the top benefits of running a personal node. With more independently run nodes, the Shibarium network will become harder to shut down or control. This aligns with the openness and decentralization principles of blockchain technology. The long-term payoff for node owners is independence from third-party services and greater reliability.

Shibarium's latest update reflects a rising trend in blockchain development, where projects prioritize decentralization over convenience to ensure long-term sustainability. The overarching goal is a faster, more secure, and truly decentralized network for Shibarium users. The Shiba Inu team also announced that it has resolved the issue of the temporary unavailability of mainnet snapshots. Users can now access records of network activity at specific points in time.

Shiba Inu is heading into summer with a track record that does not inspire much confidence. The seasonal trend has been consistent: the warmer months tend to bring weaker returns, and 2025 so far is showing signs that this pattern may hold once again. If you look at SHIB's monthly performance by CryptoRank from June to August, you will see that those months are some of the weakest. June's return is -15.1% on average, with a median of -11.8%, showing regular sell-offs. July and August are not far behind, with average returns of -2.7% and -1.3%, and medians of +2.1% and -1.0%, respectively. Even with a few positive spikes in the middle of summer, the big picture is still looking down.

The recent movement supports the need for caution. SHIB ended Q1, 2025, with a -41.4% return, which is not a good start to the year. April and May showed some signs of life with gains of 6.92% and 15.8%, but the big picture remains uncertain. The average and median numbers for other months help explain where SHIB tends to move. May is usually one of the best months, with an average return of +65.4% and a median return of +13.2%. But by June, that energy often dies down. The quarterly data lines up. In 2023 and 2024, SHIB's Q2 returns were -30.2% and -44.3%, respectively. Even with big gains like the +145.2% in March 2024, SHIB has given back those gains by midsummer. Unless new catalysts emerge, historical performance suggests Shiba Inu could face another slow, red summer — with price history pointing to downside risk in the months ahead.

Shiba Inu [SHIB] ignited fresh excitement in the market after its 24-hour burn rate soared by an eye-popping 8925.23%. Such a move reflects the SHIB community’s intensified effort to reduce the circulating supply, potentially creating a deflationary push. Historically, aggressive burn activity has often preceded upward price movements. While this doesn’t guarantee a rally, it sends a strong signal of growing engagement and support for price appreciation as SHIB eyes a sustained recovery phase.

On the 4-hour chart, SHIB has broken out of a descending channel pattern, a structure it respected for several weeks. This move above the upper trendline places SHIB at $0.0000153 and signals renewed bullish pressure. The Alligator Indicator flipped green as the moving averages diverged upward. At the same time, the DMI Indicator showed the DI+ line overtaking DI–. Together, they reinforced early signs of trend reversal. Still, SHIB must hold this breakout to avoid slipping back into consolidation.

Speculative appetite exploded. Open Interest surged 130.24% to $225.81 million, as traders flooded into long positions. This sharp rise in open positions indicates that traders are positioning heavily for a price move. At the same time, SHIB’s Funding Rate flipped positive at 0.0127%, reflecting growing confidence among long traders. This shift shows that bulls are willing to pay a premium to maintain their positions. However, rising OI can also increase the risk of volatility, especially if long positions become overcrowded without strong spot support.

According to Santiment data, SHIB’s MVRV Z-Score remained deep in negative territory at -2.13. This suggests that the asset is still trading below its fair value when compared to historical averages. A low Z-score often means holders are sitting on unrealized losses, which reduces the incentive to sell. As a result, there could be less profit-taking pressure even if prices rise in the short term. Therefore, SHIB appears to have room to grow without facing immediate overhead resistance from holders exiting at breakeven.

One red flag: whale behavior. Large Holder Netflow dropped 116.67% in the past 7 days, per IntoTheBlock data. This sharp downturn indicates whales are reducing their inflows or offloading positions. The drop could reflect caution as smart money evaluates whether the current rally has enough strength to sustain itself. Historically, whale accumulation aligns with strong uptrends.