TLDR

• Shibarium explorer sync reaches about 45% after full chain reindex
• Actual data shows over 14M blocks and 1.56B transactions processed
• Layer 3 testing begins under ShibClaw with new explorer live
• SHIB trades in a 550 day range holding long term demand zone
• Past cycles show 400% to 1000% gains after similar consolidation

Shibarium is undergoing a major infrastructure upgrade while Shiba Inu price continues to trade within a long consolidation range. Recent updates show steady progress in network rebuilding, while market data points to a familiar price structure.

The latest developments combine technical upgrades with ongoing price stability, as users track both network activity and market behavior closely.

Shibarium Migration and Reindexing Progress Update

Recent updates from Shibizens show that Shibarium has completed a major server migration and full chain reindexing. The process is part of a broader infrastructure upgrade aimed at improving performance and stability.

The Shibarium explorer is currently rebuilding from scratch and has reached about 45% synchronization. Due to this, displayed data remains incomplete while indexing continues. Reported figures show visible data at around 2.4 million blocks and 168 million transactions. However, actual network data exceeds 14 million blocks and 1.56 billion transactions.

Wallet data also reflects this gap, with five million addresses shown compared to over 270 million actual addresses. The difference is tied to ongoing indexing rather than network issues. Shibizens stated, “Shibarium is not lagging. It is rebuilding at scale for what’s coming next.” Users were also informed that missing assets may be due to indexing delays.

Layer 3 Development and ShibClaw Testing Progress

Development focus has shifted toward Layer 3 solutions within the Shibarium ecosystem. The ShibClaw initiative is now in testing, introducing new capabilities to improve scalability.

Woofswap confirmed that early testing of a Layer 3 explorer has started. The test environment is part of ongoing development and does not yet include a confirmed launch timeline. The Layer 3 structure is expected to improve transaction speed and reduce costs. It will build on Shibarium’s Layer 2 framework while supporting more advanced applications.

AI-driven contract activity has also increased on Puppynet, which is the network’s testnet. Block time remains stable at around five seconds during this phase. These developments indicate continued work on expanding the ecosystem. The focus remains on improving efficiency and enabling broader use cases.

SHIB Price Structure Mirrors Historical Consolidation Cycles

Shiba Inu price continues to move within a long-term range that has lasted more than 500 days. This period of consolidation has formed a stable demand zone.

Historical data shows that similar patterns have preceded strong price moves. Previous cycles included gains of over 1000% and another above 400% after long accumulation phases.

Source: X

The current setup shows price holding support without major breakdowns. This behavior often reflects steady buying activity during quieter periods.

Monthly and quarterly data also reflect this trend. While recent performance remains mixed, earlier cycles showed strong upward moves after similar conditions.

The post Shibarium Upgrade Nears Completion as SHIB Eyes Price Rally appeared first on CoinCentral.

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