Shibarium Remains Active Despite Abandonment Claims Long-time Shiba Inu ethereum:0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce community member Mazrael has pushed back against claims that Shibarium is no longer functioning. He said the layer 2 still has active validators, archive

What happened

A long-time Shiba Inu community member named Mazrael denied claims that Shibarium, a layer 2 network, is no longer working. He stated that the network still has active validators, which are participants that help process and verify transactions, and archive nodes that store historical data.

Confirmed

Global impact / market context

If investors believe Shibarium is dead, they might sell Shiba Inu tokens, lowering the price. Mazrael's statement counters that fear, aiming to keep confidence high so users continue transacting and holding the token, which supports its value.

Analyst inference

Shiba Inu is an Ethereum-based token, so its value is tied to activity on its layer 2 network, Shibarium. Active validators suggest ongoing network use, which can attract more developers and users, potentially increasing demand for the token and positively affecting its price.

Analyst inference

What to watch

1. Watch whether Shibarium's validators and archive nodes remain active over the coming weeks, as Mazrael's claim can be verified by checking network status and transaction activity. Confirmed
2. Consider monitoring Shiba Inu token price and trading volume for any changes after this statement, since investor reactions to the news may become visible in market data. Proposed
3. Pay attention to any further statements from the Shiba Inu team or community members about Shibarium's roadmap, as ongoing development could signal long-term commitment and affect investor confidence. Analyst inference

Affected assets

• ETH — Ethereum

Evidence

• x.com