Shibarium Tops 1 Billion Total Transactions as SHIB Exchange Reserves Sink to Record Lows

Shiba Inu's layer-2 network Shibarium has surpassed 1 billion cumulative transactions, a milestone reached after the chain's launch in late 2023. On-chain data also pointed to heavier self-custody flows. Roughly 505 billion SHIB tokens were moved from exchanges to private wallets over the past week, pushing SHIB exchange reserves to record lows. Separately, T. Rowe Price filed to add SHIB to its active crypto ETF. For a memecoin that spent 2025–2026 trying to position itself as a layer-2 settlement network, crossing the 10-digit transaction mark adds momentum to the project's push beyond its meme roots.