• Shibarium’s TVL surges as network activity and developer engagement increase steadily.
• Whales accumulate billions of SHIB while exchange reserves drop, reducing selling pressure.
• Technicals remain bearish short-term, but fundamentals hint at a potential recovery ahead.

Shiba Inu’s SHIB is quietly gaining attention again. While the broader crypto market struggles to sustain momentum, SHIB is showing strong undercurrents that hint at a possible comeback. The token trades near $0.00000971, a level that has held steady despite recent volatility. Behind the scenes, whale accumulation, rising Shibarium activity, and shrinking exchange reserves are signaling growing strength. These developments could set the stage for a notable price recovery in the coming weeks.

Shibarium TVL and Whale Accumulation Strengthen Outlook

Shiba Inu’s fundamentals have started to improve across several fronts. Data from DeFi Llama shows that activity on Shibarium is rising while many networks are slowing down. The total value locked has surged to $1.86 million, climbing sharply from this month’s low of $734,840. This steady increase shows more users are engaging with Shibarium-based projects.

ShibaSwap, a key part of the ecosystem, has seen assets jump 112% in the past 30 days to $1.15 million. WoofSwap’s TVL rose by 75% in the same period to $440k. Other platforms such as ChewySwap, MARSWAP, and PunkSwap have also experienced rapid growth. These signs suggest that developers and investors are slowly rebuilding confidence in the network’s potential.

Meanwhile, whale activity paints an even clearer bullish picture. Nansen data reveals that large investors now hold over 105.9 billion SHIB tokens, up sharply from September’s 23.7 billion. Such accumulation often signals strong conviction from experienced investors who tend to position early before major moves. When whales accumulate, smaller holders usually follow, fueling momentum.

Technical Signals Still Caution Short-Term Traders

A massive token burn added another bullish spark. One user burned 621 million SHIB tokens this week, marking the largest single burn in months. These burns gradually reduce total supply and can create scarcity over time. Despite the improving fundamentals, Shiba Inu’s chart still faces challenges. The token remains below the 50-day and 100-day Exponential Moving Averages.

That suggests short-term momentum still favors sellers. The price also sits near a key support zone at $0.000010, forming the base of a descending triangle — a bearish continuation pattern. Technical indicators, including the Murrey Math Lines, also point to potential further downside before a recovery. Sellers may target the oversold zone around $0.0000082. However, if buying pressure increases near this level, SHIB could rebound strongly from support.

Shiba Inu’s fundamentals continue to strengthen through rising Shibarium activity and steady whale accumulation. Falling exchange reserves show that holders are locking tokens away for the long term. While short-term technicals remain bearish, these on-chain signals hint at growing recovery potential for SHIB.

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