ShibaSwap Revamp Boosts Shina Inu 4.73%

Shina Inu's latest price was $0.06, up 4.729% in the last 24 hours. ShibaSwap, the decentralized exchange platform associated with Shina Inu, has undergone a significant revamp aimed at enhancing user experience and functionality. The upgrade introduces a unified trading module that allows users to perform both same-chain and cross-chain swaps from a single interface. This new feature is designed to simplify the trading process and make it more accessible for users, regardless of their level of expertise. The platform now supports cross-chain trading between Ethereum and Polygon, with plans to integrate Shibarium in the future, further expanding its cross-chain capabilities.

The revamp also includes a new liquidity dashboard called "Positions," which consolidates all legacy and concentrated liquidity pools into one unified interface. This dashboard enables users to track, collect, and manage their capital more efficiently, providing a comprehensive view of their holdings and earnings. The process of creating new liquidity positions has been standardized, making it easier for users to adjust their portfolios and participate in various liquidity pools. This update aligns with other recent changes, such as the Leash V2 migration, which also focuses on streamlining participation and improving user experience.

The Shina Inu team's platform upgrade has positioned ShibaSwap as a more approachable entry point for DeFi users. The redesign of ShibaSwap marks a significant step in the evolution of the Shina Inu ecosystem. The update makes the platform a true multi-chain venue, allowing users to trade directly from Ethereum, Polygon, Arbitrum, Base, and other major networks. A new routing system allows users to minimize costs or speed up settlements when trading, enhancing the overall trading experience. The interface has been optimized for modern use, providing cleaner navigation and smoother mobile performance, reflecting Shina Inu’s commitment to decentralization.

As Shina Inu continues to expand, the ShibaSwap update positions the platform to attract liquidity from multiple blockchains and further integrate Shibarium. The upgrade reinforces Shina Inu’s vision of a decentralized financial ecosystem, strengthening the SHIB network by combining community culture with financial infrastructure. Shina Inu’s commitment to innovation ensures that ShibaSwap remains a competitive force in the DeFi landscape.

Shiba Inu burn activity this week saw 1,662,665 SHIB moved to unspendable addresses, but the aggregate weekly burn rate collapsed 92.66%, driven by lower recurring burns despite one large 1,033,449 SHIB removal. Total coins burned now exceed 410.75 trillion. Blockchain-tracking data from community sources shows the largest single removal this period was 1,033,449 SHIB. Daily reported burns briefly dipped to 69,597 SHIB before community trackers registered 106,219 SHIB in the most recent 24-hour window. These swings pushed the weekly burn metric sharply lower while the long-term burned total grew. The Shina Inu community continues deliberate token removals to reduce circulating supply and increase scarcity. Over time, the cumulative removal of 410,752,289,867,556 SHIB changes supply dynamics, leaving 584,696,203,158,754 SHIB currently circulating. The weekly burn rate dropped primarily because routine, smaller burns slowed and were not offset by a sufficient number of medium-sized removals. Although a single large transfer of 1,033,449 SHIB occurred, it was not enough to maintain prior weekly burn levels. This highlights volatility in community-driven burns. Removing 410.75 trillion SHIB from circulation is materially large in absolute terms, but relative supply effects depend on ongoing burn consistency. With 584.70 trillion SHIB still circulating, single large burns can affect short-term metrics but not immediately transform supply dynamics without sustained reductions.

In early 2025, Shina Inu established a partnership with a prominent technology firm to bolster its platform's capabilities and expand user outreach within the blockchain community. This collaboration focuses on integrating new features to enhance user experience and ensure a more robust digital ecosystem.

Later in the same year, specifically in August 2025, the Shina Inu network underwent a scheduled upgrade aimed at optimizing transaction processing and strengthening security protocols. The update addressed community concerns and incorporated feedback to maintain network reliability and performance for all stakeholders.

Additionally, in recent developments, the core team behind Shina Inu emphasized ongoing efforts toward sustainability initiatives, including plans for a decentralized education program to support global blockchain literacy and adoption. This initiative underscores the project's commitment to long-term growth and community engagement.