Since its iteration in 2021, Shiba Inu has continued to break major grounds in the DeFi space as investors' interests continue to grow to new heights. Notably, the amount of SHIB staked since its emergence has surged to over 4.6 trillion, according to data from Shibburn.
While SHIB staking is a practice among investors who willingly lock up their SHIB holdings on DeFi platforms as efforts to support the network’s operations, the move reflects growing conviction among holders on SHIB’s potential price trajectory.
You Might Also Like
Thu, 07/31/2025 - 13:00 Never-Seen-Before Whale Empties Binance for Billions of Shiba Inu (SHIB) ByGamza Khanzadaev
HOT Stories $58.7 Million Shiba Inu Locked, What's Next For SHIB Price? '1M TPS': Ethereum's Drake Unveils Key Goals for Next Decade IMF Says Bitcoin Remains 'Off the Books' Binance's CZ Warns: ‘It Will Happen With Or Without You’
The data shows that a massive 4,646,715,230,750 SHIB tokens worth over $58.7 million have been locked on SHIB staking contracts, signaling surging ecosystem participation among SHIB enthusiasts and existing holders.
584 trillion SHIB left in circulation
The growing Shiba Inu staking service contributes to the network’s deflationary system as it serves as an alternative way to reduce the amount of SHIB in circulation, as opposed to the regular burning mechanism.
Amid the growing demand for the dog-themed meme token, investors have continued to lock their SHIB tokens to effectively reduce the circulating supply, a move that can boost the token’s scarcity, thereby exerting upward pressure on its price performance.
Although the meme token has been seen trading sideways over the past days, a notable surge in its staking activities, coupled with a continued decrease in its overall circulating supply, often precedes a notable price reaction.
As of press time, data from CoinMarketCap shows that SHIB is trading at around $0.00001263, showing a notable decline of 9.07% over the past week.
Source: CoinMarketCap
While its price action has remained negative, suggesting increased selling activities among SHIB holders, the surge in its staking activity, coinciding with regular burn activities, suggests a potential breakout if bullish sentiment continues to grow.
Despite the fading momentum experienced across the SHIB ecosystem, investors are still optimistic about a potential rally in SHIB’s price, as token lockups have remained effective in reducing sell pressures.
Nonetheless, price appreciation mostly depends on sustained demand and massive adoption of the token’s utilities; as such, investors are taking caution while trading the token.
Apparently, the spike in SHIB staking reflects growing optimism around the broader Shiba Inu ecosystem and the Shibarium network.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
