Shiba Inu Team Issues Major Shibarium Update

Shibarium Strengthens Decentralization with RPC Endpoint Rate Limits

The Shiba Inu team has announced a crucial update to the Shibarium blockchain, aimed at bolstering the network's decentralization. Notably, public Remote Procedure Call (RPC) endpoints will soon have rate limits applied.

This move is not intended to restrict access, but rather to encourage a more decentralized and resilient ecosystem. By introducing these limits, Shibarium is urging developers and high-volume users to run their own nodes, rather than relying on public endpoints.

Nodes play a vital role in blockchain networks, verifying transactions and ensuring the continuous operation of the network. Running a personal node offers numerous benefits, including enhanced privacy, increased resistance to censorship, and unrestricted access.

With more independently operated nodes, the Shibarium network will become more challenging to shut down or control, aligning with the principles of openness and decentralization that underpin blockchain technology. The long-term advantage for node owners is the ability to operate independently from third-party services and enjoy greater reliability.

Prioritizing Decentralization for Sustainable Growth

Shibarium's latest update reflects a broader trend in blockchain development, where projects prioritize decentralization over convenience to ensure long-term sustainability. While this change may require adjustments, especially for decentralized applications (dApps) and frequent traders, the overarching goal is to create a faster, more secure, and truly decentralized network for Shibarium users.

Alongside this update, the Shiba Inu team has also resolved the issue of temporary unavailability of mainnet snapshots, allowing users to access records of network activity at specific points in time.

Positive Market Indicators for Shiba Inu (SHIB)

According to the latest CoinMarketCap update, Shiba Inu (SHIB) is trading at $0.00001533, with a 5.25% increase in the last 24 hours. Several key metrics have also recorded positive changes, suggesting renewed interest and activity in the popular digital asset.

• The 24-hour trading volume has risen by 19.04%, reaching $367.27 million, which can often signal further upward price movement.
• The volume-to-market cap (vol/mkt) ratio, which provides insight into an asset's liquidity, is currently at 4.11%, indicating moderate liquidity and easier trading conditions.
• SHIB's profile score of 74% reflects its relatively strong market standing.

While on-chain data shows that Shiba Inu is entering the quarter during which it typically underperforms, the volume of transactions reached 5.76 trillion SHIB on Tuesday, suggesting ongoing activity and potential investor optimism.