Shiba Inu’s effort to grow beyond being a meme coin is struggling. Its blockchain network, Shibarium, was created to bring real use and value to the project, but it has not gained much attention or activity. Developer interest and user engagement are very low, and the network’s overall growth has slowed down sharply.

Recent network issues, including technical troubles and security problems, have made things worse. Many users have left, and new projects are not joining. As a result, Shibarium now shows very little activity, leading many in the crypto community to call it a “ghost chain.” 

Shiba Inu’s Struggle To Evolve Beyond A Meme Coin

Shiba Inu tried to change its image from a simple meme coin into a real blockchain project capable of competing with other networks. The team launched Shibarium, a layer-2 blockchain, in 2023 to help make this move. However, this plan has not worked as expected, with Shibarium failing to attract developers, projects, or users and gaining no market share.

According to data from DeFi Llama, Shibarium has only 18 developers since it began. It is a much lower number than on other blockchains, which have hundreds or even thousands of active developers. The total value locked (TVL) on the network, which shows how much money people have invested in it, has fallen to just $878,000. 

Shibarium has also failed to attract any stablecoins, which are among the most widely used tokens in decentralized finance. Not a single stablecoin project has deployed on the network, reflecting Shibarium’s lack of presence in one of the most critical areas of the crypto world. Other newer and more active layer-2 networks like Base, Arbitrum, Plasma, and Linea have already moved far ahead, leaving Shibarium behind.

Hacks And The Decline Of Shibarium Network Activity

Things got worse for the network when ShibaSwap, the most popular decentralized app (dApp) on the Shibarium network, was recently compromised. The attack eroded user confidence and forced developers to pause a key bridge connecting Shibarium to other networks. Even with the bridge now active, most of the network’s activity stopped. Many users could not move their tokens or use apps, making the network almost entirely silent.

Because of this drop in network activity, Shibarium is no longer helping burn SHIB tokens. Typically, a portion of network transaction fees goes toward buying and burning Shiba Inu tokens, helping reduce supply and support the token’s price. But now, with very few transactions, the burn process has slowed down significantly.

The decline in users, developers, and activity are indicators that Shibarium’s dream of becoming a strong, useful blockchain has not come to fruition. Instead of growing into a central crypto platform, it has become what some would call the real ghost chain. 

A key technical indicator on the XRP price chart is sending an important signal about the strength of its ongoing price action. The Relative Strength Index (RSI), which measures momentum, is climbing higher in tandem with price, a development that popular XRP analyst EGRAG CRYPTO says validates the current bullish phase. 

In one of his recent posts on X, he explained that this alignment between price and RSI shows a healthy uptrend where buying pressure will continue to dominate.

RSI Alignment Shows Healthy Market Momentum

EGRAG CRYPTO highlighted that when both price and RSI make higher highs, it is one of the strongest confirmations that the trend is healthy. He noted that this scenario indicates buyers are firmly in control and that the market is not overextended. According to him, when both price and RSI rise together, the uptrend is real and supported by strength. This is in contrast to bearish divergence, which occurs when price climbs but RSI falls, and is often a precursor to fading momentum and correction.

The RSI data on his chart shows an ascending slope with an angle of about 9.32°, matching XRP’s gradual increase in price over the past year. This synchronized movement implies that the trend is sustainable and supported by genuine market participation instead of temporary hype.

The chart from EGRAG CRYPTO shows that XRP has already broken above the midpoint of its long-term ascending parallel channel. The red trendlines framing the channel stretch back to 2014, and XRP’s breakout above the resistance line shows that bullish momentum is comparable to that of the 2017/2018 rally.

The yellow moving average line, which represents the multi-month trend, is also sloping upward beneath the candles, acting as strong dynamic support. This alignment shows XRP’s improved market structure compared to earlier bear market phases between 2022 and mid-2024.

XRP Price Chart. Source: @egragcrypto On X

What It Means For XRP’s Next Move

EGRAG CRYPTO’s projection identifies $2.07 as the major support level and $3.65 as the near-term target, which aligns with its July 2025 all-time high.

EGRAG CRYPTO’s analysis shows that XRP’s momentum is being confirmed by both price structure and RSI alignment, and this reduces the likelihood of a strong price reversal. The lack of bearish divergence means that the ongoing rally could be setting up for a continuation rather than exhaustion. If XRP sustains its position above the midpoint breakout zone, then a return to $3.65 may follow very soon.

As long as XRP holds above $2.07 and $2.50 for now, the uptrend will stay healthy, and the RSI momentum will support the broader bullish outlook. At the time of writing, XRP is trading at $2.58, having retraced a bit from its intraday high of $2.66. Recent trading sessions have seen the cryptocurrency trying to reclaim $2.60.

A crypto commentator is once again discussing how the United States may use XRP in a key plan. According to his post, XRP could one day reach very high prices and still be small compared to the US national debt. He suggests crypto could one day help solve the country’s money problems and tells people to hold four digital assets that he believes are important for the future. He says he has known about these ideas for a long time and is reminding the public again.

Crypto Pundit Says XRP At $1,000 Is “Peanuts” For US National Debt

The crypto commentator, known as The Real Remi Relief on X, is sharing a NewsMax video about using XRP to help clear the US national debt. In the X post, he simply says that $1,000 per XRP is “peanuts,” suggesting he thinks XRP’s value could be much higher if this idea becomes reality. The US national debt is enormous, totalling $37.8 trillion, and even at high XRP prices, it would still be small compared to the money the country needs.

The Real Remi Relief also says he has talked about this idea before, as he tells his followers to remember what he said back in December 2024. At that time, he said leaders were considering using crypto in a new way and shared all the information he could, though some he couldn’t discuss openly. The pundit hints that big decisions may involve XRP in a significant role tied to the US national debt.

The crypto commentator believes the public should pay attention because this idea could change how the United States handles its money. He believes that XRP at $1,000 is still cheap if it helps solve the trillion-dollar national debt, and crypto holders should be watching closely to see what happens next.

“Just Stack The Fantastic 4,” Pundit Advises Holders

The Real Remi Relief also tells crypto users to prepare for the future. The crypto pundit strongly suggests that something important is happening behind the scenes, possibly involving XRP and other valuable assets.

He calls these assets the “Fantastic 4.” These include XRP, XLM, XDC, and HBAR. The post suggests that these four assets will be critical in the future if the United States begins using digital money systems more widely. The pundit repeats that crypto holders should consider these assets now, not later.

He also gives safety advice in the X post. He asks holders to store their XRP, XLM, and HBAR in a cold wallet to keep their crypto safe offline. He says people should stack and protect these assets because they may appreciate if the US turns to crypto to address its financial problems.