- Shibarium transactions plunge after upgrade, masking actual network usage levels
- Backend overhaul disrupts data visibility as ecosystem continues expanding steadily
- Temporary slowdown follows reindexing process, with recovery expected in weeks
Shiba Inu’s layer 2 network Shibarium has entered May with a noticeable slowdown in activity, reflecting a transition phase rather than a collapse in usage. Recent blockchain data shows that transaction counts fell significantly within days, drawing attention across the crypto market. However, the decline closely follows a major backend upgrade that temporarily affected network visibility and throughput.
According to Shibariumscan data, transactions dropped from 3,010 on April 30 to 1,240 by May 2. This represents a 58.8% decrease in a short period. While the numbers appear concerning at first glance, developers had already initiated a large-scale system overhaul that explains the dip.
Shibarium recently migrated its servers and reindexed the entire blockchain to enhance performance. Consequently, the network underwent temporary recalibration as systems synchronized and rebuilt internal data structures. During this process, the block explorer itself was reconstructed, with synchronization gradually progressing from 45% to full completion.
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Upgrade Process Temporarily Distorts Network Activity Metrics
This transition period has directly impacted how transactions appear on-chain, creating a temporary disconnect between actual usage and recorded activity. Moreover, developers focused on improving capacity and processing speed, which required rebuilding core infrastructure components.
As synchronization approached completion, network stability improved, yet transaction counts remained below normal levels. This lag suggests that user activity continues in the background while reporting systems normalize. Additionally, the rebuilt explorer now reflects updated indexing methods, which may initially underreport activity compared to previous systems.
Ecosystem Expansion Continues Despite Short-Term Data Disruption
Despite the decline, expectations remain that metrics will stabilize over the coming weeks. Once the upgraded infrastructure fully aligns with live data, transaction volumes should present a clearer picture of real demand. Furthermore, the improved backend is expected to support higher throughput and better scalability.
At the same time, ecosystem developments continue alongside the upgrade. Shiba Inu developers are advancing the Shib Alpha Layer, designed to deliver faster transactions with low latency. Future integration of Fully Homomorphic Encryption also points to ongoing technical expansion within the network.
Beyond infrastructure, Shiba Inu’s ecosystem shows signs of broader adoption. The token recently gained support on Rakuten Wallet, strengthening its presence in the Japanese market. However, derivatives data indicates cautious sentiment, with open interest declining slightly while trading volumes remain steady.
Conclusion
Shibarium’s transaction decline reflects a technical reset rather than weakening demand. As systems stabilize, clearer data should reveal the network’s actual activity levels.
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