Shibarium devs just dropped a bombshell update, encouraging the Shiba Inu (SHIB) community members to bookmark the new official blockchain link. The Layer-2 chain has migrated from shibarium.shib.io to shib.io/shibarium. This link redirects to the revamped Shibarium website, where users can directly access Bone Shiba Swap (BONE) validators.
Shibarium Gets Revamp Amid Upcoming Layer-3
BONE is the gas fee token of Shibarium L2, which actively participates in burning SHIB tokens. Simply put, the more people use Shibarium L2, the more Bone ShibaSwap (BONE) coins are swapped to SHIB & then eliminated from the circulating supply. Contrastingly from the main token SHIB, BONE token is capped at 250 million tokens, way scarcer than SHIB’s 584.62 trillion.
Next year, Shibarium developers are slated to introduce a Layer-3 solution. Raising $12 million for the Fully Homomorphic Encryption (FHE) employing chain, Shiba Inu (SHIB) has partnered with Animoca Brands, Polygon Ventures & other known industry names for the occasion. This comes after the success of Shibarium’s L2, hitting a $11 million in total value locked (TVL) half a year ago.
1.5B Transfers & Shibarium Staking Opportunities
Meanwhile, Shibarium L2 just blasted through 1.5 billion transactions, a milestone claimed three years into the community chain’s inception. Currently looking for the inaugural SHIB President, the SHIB Army produced over 12.4 million blocks on the chain, created 267.87K crypto wallets & still rolls around 5 million transactions daily, according to ShibariumScan.io chain explorer.
Now, Shibarians are able to see all validators with their uptime statistics, commission fees, cumulative staking amounts & the real-time yield. With 12 validators in place, BONE staking helps secure the Layer-2 network, while K9 Finance DAO stands out with liquid staking functionality.
On the K9 dApp, holders can maximize their yield with multiple lock-ups on the same token, similarly to Lido’s liquid staking platform on Ethereum (ETH). While the parent chain’s Ether (ETH) price soared by 8% on Tuesday to $4.5K for the first time in four years, Shiba Inu’s price inked 2.1% gains to tackle $0.00001358, still floating below the key $0.000014 resistance.
On The Flipside
- Some Web3 dwellers reported a “painful experience” while using Shiba Inu’s ShibaSwap decentralized exchange (DEX) today.
- The users claim a treacherous process of connecting their crypto wallets, repeatedly tapping their phone to make it happen.
Why This Matters
Gathering over 4 million Shiba Inu holders across the globe, a community-focused blockchain can bring the real-world utility any sustainable cryptocurrency needs.
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People Also Ask:
Shibarium’s new home is its updated official website, migrated to shib.io/shibarium from the previous shibatoken.com/shibarium, announced on August 11, 2025, to enhance user access and security.
Shibarium, Shiba Inu’s layer-2 blockchain, surpassed 1.5 billion transactions, with over 267,000 addresses and nearly 12.5 million blocks, as confirmed by ShibariumScan.io blockchain statistics explorer.
The new site (shib.io/shibarium) improves user experience, ensures compatibility with wallets like MetaMask, and serves as the official gateway to avoid fake sites.
The 1.5B transaction milestone reflects strong network activity, potentially boosting SHIB’s value if dApps and utility grow, though SHIB’s price dipped to $0.00001313.
The Shiba Inu team is teasing new partnerships for intelligent infrastructure and planning upgrades like a hard fork to enhance scalability and user engagement.
