# Shiba Inu Updates Shibarium RPC as Network Activity Stagnates

**Published:** 2026-09-18T14:12:50.650Z  
**Topic:** Shiba Inu  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/d69ee3d8-d741-462e-aacb-4b519afda8bf

Shiba Inu has refreshed its Shibarium RPC connection details, but the update has failed to boost SHIB, which is down 6% this week amid low network usage.

Shiba Inu has implemented a technical update to its Shibarium layer-2 scaling solution, refreshing its Remote Procedure Call (RPC) listing in the Ethereum-lists/chains registry to restore connectivity for users [1, 6]. Despite the infrastructure fix, the token’s price remains in decline, reflecting broader concerns over the network's diminished on-chain activity following a security exploit last year [2, 3].

| At a glance | |
|---|---|
| Price | $0.000005196 |
| Weekly Change | -6% |
| Market Cap | ~$3 billion |
| Primary Catalyst | Shibarium RPC registry refresh |

## Infrastructure and network engagement
The update, initiated by community member Mazrael, addresses a connectivity issue that persisted since the network migrated its public RPC infrastructure in late 2025 [6]. By updating the connection details on Chainlist, the project aims to improve protocol access for developers and users [1, 2]. Additionally, the team migrated the official shib.io website and ShibaSwap to Cloudflare on September 12, 2026, as part of a broader effort to modernize the project's web infrastructure [6].

While some users reported improved access, the update has not translated into a price recovery for SHIB, which currently trades at approximately $0.000005196 [2, 3]. The token’s market capitalization sits at roughly $3 billion, ranking it as the 33rd-largest cryptocurrency [2]. Market sentiment remains pressured by a significant drop in network utility; daily transactions on Shibarium have plummeted from millions prior to last year's exploit to current levels in the low thousands or even hundreds [2, 3].

## Market headwinds
The lack of price momentum coincides with a sharp contraction in the token's burn program, which is designed to reduce circulating supply to create scarcity [2]. Data indicates that the SHIB burn rate has declined by nearly 90% over the past month, signaling a slowdown in the mechanism intended to support the asset's valuation [2]. 

Analysts are also monitoring the token's historical performance, noting that September has been a difficult month for SHIB, which has ended the period in negative territory in three of the last five years [2]. With roughly two weeks remaining in the month, the market is watching to see if the token can stabilize or if the current bearish trend will persist [2].

## What to watch
*   **Network Activity:** Monitor daily transaction counts on Shibarium to see if the RPC update leads to a sustained recovery in user engagement or if volume remains at the current low levels [2, 3].
*   **Burn Rate Trends:** Track whether the monthly burn rate shows signs of reversal, as a continued 90% decline may further erode investor confidence in the token's supply-reduction strategy [2].
*   **Seasonal Performance:** Observe price action through the end of September to determine if the token breaks its historical trend of poor performance during this month [2].

The core question remains whether these infrastructure improvements can eventually restore the network's utility or if the decline in on-chain activity has become a permanent feature of the ecosystem.

## Sources
1. Xcruzo — [Shiba Inu Unveils an 'Useful' Shibarium Update: Details](https://www.xcruzo.com/news/money/shiba-inu-unveils-an-useful-shibarium-update-details-70d3c6)
2. CryptoPotato — [Shiba Inu Unveils an 'Useful' Shibarium Update: Details](https://cryptopotato.com/shiba-inu-unveils-an-useful-shibarium-update-details/)
3. CryptoPotato — [Major Ripple (XRP) Opportunity, Shiba Inu (SHIB) Updates, and More: Bits Recap September 18](https://cryptopotato.com/major-ripple-xrp-opportunity-shiba-inu-shib-updates-and-more-bits-recap-september-18/)
4. Cryptorank — [Shiba Inu Unveils an 'Useful' Shibarium Update: Details](https://cryptorank.io/news/feed/77630-shiba-inu-unveils-an-useful-shibarium-update-details)
5. Newsbreak — [Shiba Inu Unveils an 'Useful' Shibarium Update: Details](https://www.newsbreak.com/news/4889016557601-shiba-inu-unveils-an-useful-shibarium-update-details)
6. Cryptonews — [Shiba Inu: Shibarium Gets Useful Update With RPC Refreshed in Ethereum ...](https://cryptonews.net/news/altcoins/33444558/)

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Cite as: TrendWatcher, "Shiba Inu Updates Shibarium RPC as Network Activity Stagnates", https://www.trendwatcher.in/article/d69ee3d8-d741-462e-aacb-4b519afda8bf