- Shiba Inu (SHIB) market lead has hinted that the team is working on multiple initiatives, including Shibarium updates, to strengthen the existing infrastructure.
- Regardless of these developments, SHIB is struggling to overturn its current bearish trend; however, an analyst expects a rebound to $0.000081.
Shiba Inu (SHIB) has recorded several groundbreaking upgrades to build and upgrade its existing infrastructure to transcend the usual meme initiative to a more technological project.
Confirming this, Shiba Inu’s marketing lead Lucie has hinted that the team is also working on new features, including Shib Alpha Layer to unify every RollApp into what they described as an “ultra-fast layer, so users feel like they’re on one chain while dozens of rollups hum beneath the surface.” As highlighted in our previous article, Shib Alpha Layer would provide a blazing transaction speed, global scale performance logistics and performance, etc.
Explaining how this would benefit the whole ecosystem, a software developer identified as Kaal highlighted that users would be able to do away with switching between different blockchain bridges.
No VC war chest, no hype-cycle smoke. Just code. Next up: unleash full FHE, open RollApp deployment to everyone, and watch the Shib interconnected ecosystem eclipse blockchains that promised the moon and shipped markdown. Meme era ends here. The Shib Alpha era begins.
SHIBDAO, ShibaOS, and Other Initiatives Building the Shiba Inu Infrastructure
As part of the initiatives being introduced to build the infrastructure of the ecosystem, Lucie also pointed out the introduction of SHIBDAO, which is meant to mark a new regime of governance.
As indicated in our earlier discussion, this encourages decentralization as the SHIB army could vote on almost everything. According to Lucie, this includes Shibarium updates, metaverse mechanisms, token utility changes, high-profile partnerships, etc.
Another initiative launched for broader ecosystem development is the ShibOS. Our research shows that this is meant to operate as a gateway to a fully decentralized future by ensuring that entities can transition on-chain.
According to Shiba Inu lead developer Shytoshi Kusama, ShibOS is the next generation operating system that “delivers a turnkey solution for Web2 to Web3 transition.” With this, users would also be able to deliver scalable, privacy-conscious, and optimized high-performance apps, as noted in our earlier post.
To strengthen Shibarium, several updates have also been reported, with the Rate limits expected to be applied to its public Remote Procedure Call (RPC) endpoints. Engineering Manager at Shibarium, John Doe, has explained that this initiative encourages a more resilient infrastructure.
Shibarium is implementing rate limits on public RPC endpoints to promote decentralization. By encouraging users and developers to run their nodes, we create a more robust and censorship-resistant infrastructure.
As we discussed earlier, this marks a push towards greater sustainability and long-term network engagement. Amidst the backdrop of this, the price of SHIB has printed losses across all the major trading sessions. Our market data shows that the asset has declined by 0.5% in the last 24 hours and 9% in the last seven days to trade at $0.00001162.
Regardless of the current market trend, analyst Javon Marks believes that there could be a rebound to $0.000081. As mentioned in our previous news brief, Javon Marks expects this move to be triggered by a textbook bull signal.
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