Gate News message, April 24 — Shiba Inu’s Shibarium ecosystem has recorded rising activity as its gas token BONE surpasses 93,000 holders. According to Shibizens, BONE addresses on the Layer-2 blockchain reached 93,010 at the time of reporting, with 5,653 new holders added over the past seven days—an 87% increase compared to the previous week. The growth was primarily driven by validator re-delegations within Shibarium.
On-chain activity shows strengthening fundamentals. BONE tokens are moving from centralized exchanges into non-custodial wallets, reducing immediate selling pressure. Large holders within the ecosystem continue to expand their BONE exposure; wallets holding at least 1 million BONE increased their positions by 4.2% in April and now control approximately 58% of total supply. The average holding period stands at around 412 days, reflecting long-term engagement rather than short-term speculation.
Despite ecosystem growth, BONE faces significant market headwinds. The token trades at $0.0584 after a 2.5% decline in the past 24 hours, with a 10.18% drop over the past month and 28% year-to-date loss. BONE remains 99.86% below its all-time high of $41.67 from September 2021. However, trading volume has surged 51.77% to $1.7 million in the past 24 hours, creating a divergence between rising network usage and declining price. Shiba Inu itself trades near $0.000006182, up 1% over the same period.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Shiba Inu Price Compression Signals Imminent Breakout Phase
Key Insights:
Shiba Inu trades near $0.0000060 as tightening volatility and reduced momentum signal an approaching breakout phase after months of sustained decline.
Open interest declines to $68 million, while persistent spot outflows highlight cautious sentiment and limited conviction
CryptoNewsLand1h ago
Shiba Inu Holds Support as 31.7B SHIB Flows to Exchanges
Shiba Inu is showing resilience despite a sharp increase in tokens moving to exchanges. Data indicates that 31.74 billion SHIB entered trading platforms within 24 hours, raising concerns about potential selling pressure. At the time of writing, SHIB trades at $0.000006229, marking a gain of 0.61% ov
CryptoFrontier1h ago
SHIB Holder Base Surges by 10,000 Wallets to 1.573M as Shibarium Hits 1B Transactions
Gate News message, April 24 — Shiba Inu's holder base expanded sharply between April 19 and April 22, 2026, with more than 10,000 new Ethereum wallets joining the network and pushing the total above 1.573 million. Etherscan data recorded the move as one of the fastest short-term expansions this
GateNews8h ago
SHIB Shows First Bullish Signal Since February as Burn Momentum Fades
SHIB shows the first bullish MACD signal since February near key resistance levels.
Price presses Bollinger Band resistance while burn activity drops and stays inconsistent.
Weak volume and declining open interest signal cautious market participation overall.
Shiba Inu is flashing its fi
CryptoNewsLand10h ago
Shytoshi Kusama Returns to X After 13-Day Silence, Announces Saturday Community Discussion as SHIB Slides 1.8%
Gate News message, April 23 — Shytoshi Kusama, lead ambassador of the Shiba Inu ecosystem, returned to X today after a 13-day silence that began on April 9. He confirmed a scheduled community discussion for Saturday, signaling new developments ahead. His updated bio now reads: "Next up: Let's set a
GateNews23h ago
Shiba Inu Breakout Gains Strength as Volume Surges
Key Insights
Shiba Inu’s breakout above the triangle pattern gains strength as rising volume and higher lows confirm growing demand and a sustained bullish market structure shift.
Derivatives activity jumps significantly with volume surpassing $249 million while open interest rises,
CryptoNewsLand23h ago
