Yeliz Akmaca 
Shibarium, Shiba Inu’s Ethereum-based Layer-2 solution, currently has a TVL of $3.79 million. It grew by $1.5 million in the past month, supporting SHIB’s price, which rose 8% in 24 hours to $0.0000163 but failed to break the $0.000017 resistance.
Shibarium’s TVL Growth and Shiba Price
If Shibarium captures 10% of Ethereum’s $90 billion TVL, its TVL could hit $9 billion—a 2,000-fold increase. Experts deem this challenging, but such growth could push SHIB’s price to $0.0001–$0.00075, driven by increased token burns reducing supply. SHIB’s weekly chart shows bullish signals: a rounding bottom formed, breaking the $0.000016 neckline. A weekly close above this could trigger a 55% rally to $0.000024, matching the pattern’s height.
Weekly RSI crossed above 50 for the first time since mid-January, signaling growing bullish strength. The Awesome Oscillator (AO) bars may turn green from red, confirming weakening bears and rising bullish momentum.
Shibarium’s Long-Term Impact on Shiba Price
Shibarium offers faster transactions and lower fees, burning Shiba with each transaction. This reduces the 589 trillion circulating supply, supporting price growth. Experts suggest sustainable Shibarium growth could drive SHIB to $0.0001, though capturing 10% of Ethereum’s TVL requires mass adoption. Solana’s $11 billion TVL is nearby, yet network growth continues to positively impact SHIB’s price.
Shibarium’s TVL growth is a key catalyst for SHIB’s price. While capturing 10% of Ethereum’s TVL is ambitious, increased adoption could push SHIB to $0.0001. Technical analysis supports a $0.000024 target, with RSI and AO confirming bullish strength. Shiba is evolving beyond a meme coin, building a robust ecosystem.
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