Shiba Inu's cross-chain addresses exceeded 1.8 million, demonstrating the expansion of the multi-chain ecosystem.
As a high-profile Meme Coin, Shiba Inu (SHIB) currently has more than 1.8 million unique addresses on the Ethereum and Shibarium networks. This data reflects its continued expansion as a multi-chain asset and also marks the growing influence of SHIB in the entire cryptocurrency ecosystem.
Multi-chain adoption drives milestone achievement
This achievement was revealed by Mazrael, a senior member of the Shiba Inu community. He cited Etherscan data and pointed out that the number of SHIB holders on the Ethereum network alone is close to 1.7 million. In this regard, Mazrael emphasized that the growth of SHIB across all participating networks must be evaluated because data from a single chain cannot fully reflect the widespread adoption of the token.
"We are multi-chain. Shiba is everywhere. You need to add up all the holders on the chain. For the two networks alone, the number of addresses we have actually exceeded 1.8 million." Mazrael wrote in recent news. He also provided a screenshot from ShibWallet showing the total number of SHIB holders covering Ethereum and Shibarium at 1.84 million.
Shiba Inu's expansion is not limited to a single chain. Combined with the Ethereum and Shibarium networks, the number of addresses holding SHIB now exceeds 1.8 million. Other tokens within the Shiba Inu ecosystem have also expanded on two networks: the governance and utility token BONE has 98,600 holders, LEASH has 53,800 holders, and the newly added token TREAT has 4,700 holders.
Ethereum is still the main network of SHIB, and the increased activity of Shibarium, the second-layer blockchain of the project, has further consolidated SHIB's sense of presence and user engagement on the chain.
Mini Dictionary: Shibarium
Shibarium is an Ethereum Layer-2 blockchain designed by the Shiba Inu team to increase transaction efficiency and reduce Gas Fees, allowing faster and more cost-effective transfers of funds within the Shiba Inu ecosystem.
Market Performance and Price Trend
Earlier this week, SHIB experienced four consecutive days of decline, but prices began to recover as the cryptocurrency market rebounded overall. The recovery started at a low of $0.00005 on Friday. Although the latest inflation report triggered market expectations for a Fed rate hike, investors still showed resilience.
Data showed that the U.S. consumer price index (CPI) rose 0.4% month-on-month and 3.4% year-on-year in August. The results were in line with previous forecasts by Dow Jones analysts.
SHIB's rebound has brought its price back to its high of $0.0000539 early Saturday, and prices are currently fluctuating around resistance at $0.0000540. The market is closely watching whether prices can effectively break through this level, which is seen as a key signal for further recovery in the value of SHIB.
Whether SHIB can gain more in the future will depend on whether bulls can hold the threshold of US$0.0000540 and continue Friday's recovery momentum on this basis.

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