The post Will the new Shibarium update boost Shiba Inu price? appeared on BitcoinEthereumNews.com.

Shiba Inu price has plunged by over 65% this year and is hovering near its all-time low as demand for one of the most common meme coins wanes. Summary Shiba Inu price has been in a freefall this year. The developers are working on a major upgrade for the Shibarium network. Technical analysis suggests that SHIB token is about to crash. Shiba Inu (SHIB) dropped to a low of $0.0000080, its lowest level since November 2023. It remains 90% below its all-time high. Shibarium upgrade in 2026 One of the main reasons why the SHIB price has lost momentum is that Shibarium, its layer-2 network, has not performed as initially expected. It has struggled to attract developers and users, and its metrics have continued to decline. The situation worsened in September when ShibaSwap, the largest part of its ecosystem, was hacked, prompting the developers to suspend network activity.  While Shibarium is active today, the network has just $1.8 million in total value locked. In contrast, Monad, which launched its mainnet this week, has already attracted over $200 million in assets. Shibarium’s woes affected the Shiba Inu price, as some of its fees were to be converted into SHIB and burned. However, the network is not making money and is not contributing substantially to the burn process. Now, the developers are working on the biggest upgrade in the network that will be launched in the second quarter of next year. The upgrade, known as Zama, will transform it into a privacy network by focusing on encryption. Zama → Shibarium Privacy upgrade incoming That means that before the end of Q2 2026, we could finally get full on chain privacy and confidential smart contracts on Shibarium and Bone thanks to Zama’s Fully Homomorphic Encryption tech. pic.twitter.com/0uc4qNZ2co — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) November 27, 2025…

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Filed under: News - @ November 28, 2025 7:24 pm