Recent Shiba Inu ecosystem data offers a mixed picture. Shibarium transactions rebounded above 1,000, but the move followed an unusually weak day and remains far below earlier peaks. The network processed 2,438 transactions on October 9, a 151% jump from 970 transactions on October 8. By October 10, activity fell back to 1,142 transactions, signaling a short-term bounce rather than sustained growth.
Weekly data highlight volatility: Shibarium handled 5,711 transactions on October 6, then 1,323 on October 7 and 970 on October 8, before the brief rebound. The latest reading is about 80% below the October 6 peak and roughly 41% below the 31-day average of 1,928 daily transactions. Network utilization stands near 0.027%, according to Shibariumscan, meaning only about one in every 15 newly produced blocks contains a transaction.
On the burn side, Shibburn reported 192,678 SHIB burned in the last 24 hours, worth about $1, after a tracker disruption briefly showed $0. The daily burn rate fell 14.22%. Over the past seven days, 176.35 million SHIB were burned, and over 30 days the total reached 709.44 million SHIB.
At the time of writing, SHIB was down 3.64% over 24 hours to $0.00000522, having touched a low of $0.00000502. Investors are also watching upcoming economic data, including September inflation expectations of 3.7% and producer price index plus retail sales releases later in the week.
