Summary: Shibarium Reset? SHIB Explorer Reveals This Might Be Scenario

Published: 18 days and 19 hours ago
Based on article from U.Today

Shiba Inu's Layer 2 solution, Shibarium, is currently under the microscope. Its dedicated blockchain explorer, Shibariumscan, displays puzzling data. This sparks discussions about a potential network data reset. This development comes on the heels of significant infrastructure upgrades. It paints a dynamic picture for the scaling network.

Data Discrepancy on Shibariumscan

The most striking observation on Shibariumscan is a dramatic reduction in key network statistics. Previously, the explorer reported over 14 million total blocks. It also showed 1.56 billion transactions. And 272 million addresses. However, current figures show these numbers substantially lower. Total blocks are now at 2.37 million. Transactions are at 168 million. Addresses are just over 5 million. This apparent drop has raised eyebrows. It prompts users to question the state of network activity.

The RPC Migration and Data Resync

The significant change in Shibariumscan's reported metrics is not indicative of a sudden decline in network usage. Instead, it is attributed to a recent security upgrade. It is also due to the retirement of Shibarium's old public RPC (Remote Procedure Call) connection. The Shiba Inu team had previously announced an ongoing RPC Migration Network upgrade. This necessitated the closure of legacy endpoints. When such an upgrade occurs, blockchain explorers often need to rebuild or resync their entire dataset. This is done from a new index. This explanation is corroborated by a direct notice on the Shibariumscan page itself. It states, "16% Blocks Indexed – We're indexing this chain right now. Some of the counts may be inaccurate." This confirms that the explorer is currently undergoing a data synchronization process.

Looking Ahead: Privacy Upgrade in 2026

Beyond the current data indexing adjustments, Shibarium is also gearing up for a significant functional enhancement. A major utility layer upgrade is slated for Q2 2026. The primary goal is to provide full on-chain privacy for users. Shiba Inu team member Lucie confirmed this timeline. This is for the "Zama Shibarium privacy upgrade." This advancement will enable full on-chain privacy. It will also allow confidential smart contracts on both Shibarium and Bone. This leverages Zama's cutting-edge fully homomorphic encryption technology. It aims to safeguard user data and transactions.

Cookies Policy - Privacy Policy - Terms of Use - © 2025 Altfins, j. s. a.