In early June 2025, the long-silent Shiba Inu (SHIB) began to show signs of recovery. After months of sideways consolidation, SHIB price Slowly climbed to the $0.000012 range, with a weekly increase of 2.8%, and trading volume surged by 15% to surpass $800 million.
At the same time, the Shibarium blockchain upgrade has entered its final testing phase, with developers claiming that this update will “significantly enhance the network’s decentralized architecture.” Whether the Layer 2 solution anticipated by the community can serve as a catalyst to ignite the SHIB market remains a focal point in the cryptocurrency market this month.
Despite the lackluster performance of SHIB in the first five months of 2025, the data from the start of June brings positive signals. According to real-time market statistics, SHIB’s daily trading range remains stable between $0.00001240 and $0.00001253, with a 52-week fluctuation range between $0.00000931 and $0.00004555.
Its market value remains at 7.35 billion dollars, firmly holding the second position in the meme coin market capitalization. This position was briefly surpassed by the Trump-themed meme coin in January 2025, but SHIB quickly regained its ground thanks to a more solid community foundation.
Contrary to market concerns, SHIB has not fallen behind in the Bitcoin-led bull market. On-chain data shows that the number of active addresses has increased by 12%, exceeding 150,000 independent addresses in a single day, reflecting a continuous expansion of the user base.
Shiba Inu The development team is accelerating the evolution of the ecosystem, with multiple key advancements set to be implemented in June 2025.
These technological iterations mark SHIB’s strategic transformation from a purely meme coin to a multifunctional ecosystem. When asked about the competitive advantage, the project spokesperson stated, “Unlike tokens that rely on social hype, we are building infrastructure that can withstand the test of market cycles.”
Analysts show a cautiously optimistic consensus on SHIB’s performance in the second half of 2025:
It is worth noting that some analysts are turning to emerging projects like Dawgz AI ($DAGZ). This cryptocurrency has seen a rise of 2.47 times during the presale phase, thanks to AI trading tools and SolidProof audit endorsement. This reflects the market’s new preference for “utility-driven meme coins.”
The Shib Army community remains the project’s strongest moat. Data shows in June 2025:
However, this community energy is also a double-edged sword. Research shows that 40% of SHIB’s price volatility can be attributed to changes in social media sentiment. When a certain Reddit subreddit organized a token promotion, its price surged by 28% within 72 hours.
What is even more concerning is the risk of false account manipulation. A Chainalysis report indicates that about 15% of the social interactions related to SHIB come from bot accounts, which may artificially create the illusion of buying and selling pressure.
In the face of the resurgence of meme coin trading popularity since June, veteran analyst AltcoinGordon has issued a warning: “Investors who refuse to put all their net assets into meme coins demonstrate a higher awareness of risk, which is crucial in the highly volatile crypto market.”
Its core viewpoint is supported by data.
With the Shibarium upgrade set to go live on the mainnet this month, Shiba Inu developers have deployed over 500 validation nodes across three continents. Whether the technological iterations will deliver on their promises remains uncertain, but the holder structure of SHIB is quietly changing: among new addresses in 2025, 38% clearly stated that they bought tokens for “ecological development” rather than “price speculation.”
The blockchain experiment of Shiba Inu is far from over. As the DeFi protocols and metaverse concepts in the project white paper gradually materialize, this currency revolution that started as a joke may be seeking a true value anchor in the accumulation of technology.