Shiba Inu Holds Steady as Shibarium Progress and Coinbase Futures Spark New Interest

Shiba Inu is moving through a quiet but steady phase as the broader crypto market works toward a gradual recovery. Price action stays compressed between $0.0000085 and $0.000009, creating a stable zone while traders wait for a clearer shift in sentiment. Even with the calm movement on charts, several ecosystem updates show the project continues to focus on long-term progress.

Shiba Inu Gains Stability After Shibarium Tracks Bridge Hacker

Recent news from Shibarium restored confidence after the team confirmed that the bridge hacker involved in a past incident has been fully traced. The case has now been handed to the FBI and Interpol, and the funds are being followed through KuCoin.

An RPC upgrade also rolled out smoothly after a brief reindex, bringing operations back to normal. Shibarium’s confirmed privacy upgrade planned for 2026 adds another key milestone that could help strengthen SHIB’s fundamentals as the ecosystem matures.

Market data points to a mix of caution and long-term interest for the memecoin. Price sentiment remains bearish, with the fear-and-greed index indicating extreme fear among traders. 

SHIB has underperformed most major assets over the past year and is still down 90% from its all-time high. Besides, the memecoin is trading below its 200-day moving average—a sign of potential downside. Even so, analysts say a shift in market structure could form as new catalysts appear.

SHIB Prepares for Key Catalyst as Coinbase Futures Go Live December 12

One of the biggest near-term drivers comes from Coinbase, which will launch SHIB futures on December 12. Futures access often boosts liquidity and can attract more institutional trading, giving the asset a chance to break out of its tight range. Early talks about a possible SHIB ETF add another angle for future access, though those discussions remain speculative for now.

Large holders continue to influence market flow. On-chain data shows more than 45 billion SHIB moving off exchanges, with whales shifting about $35 million worth of tokens into private wallets. This trend suggests stronger hands are taking control of supply during a period of low volatility.

To capture the current landscape, several points stand out:

• SHIB trades in a stable range with low volatility.
• Shibarium’s security actions helped rebuild confidence.
• Coinbase’s futures launch brings a new source of liquidity.
• Whales continue accumulating away from exchanges.
• Early ETF discussions add longer-term speculative interest.

Analyst Javon Marks sees room for a move toward $0.000032 if momentum builds around these developments. Assuming this prediction materializes, it would represent gains of more than 200% from current levels.

A sudden spike in 24-hour volume to 23.561 billion SHIB also raised questions in the community, as neither exchange reserves nor price movements matched the large transfer. Experts say whale activity is normal for SHIB, but the sudden spike is unusual and keeps on-chain data under close review.