Quick summary$SHIB #ETH5kNext?
The Shiba Inu project is facing volatility and challenges in its ecosystem as the altcoin season approaches. Here are the latest updates:
Sudden increase in LEASH supply (August 12, 2025) – The issuance of an additional 10% of tokens raised concerns about centralization.
Whale sells 202 billion SHIB (August 12, 2025) – A massive transfer to Coinbase raises concerns among investors about a sell-off.
Shibarium network surpasses 1.5 billion transactions (August 12, 2025) – Network growth contrasts with other negative indicators.
Detailed analysis
1. Increase in LEASH supply (August 12, 2025)
Overview:
Lead developer Kaal Dhairya confirmed a 10% increase in the supply of LEASH (10,765 new tokens were issued on August 11), which contradicts previous statements that confirmed the suspension of supply adjustment. LEASH is designed as a scarce asset with a maximum supply, leading to a 30% decrease in its value to $118 amid confusion.
What does this mean?
This is a negative issue for the credibility of the Shiba Inu ecosystem, as the value of LEASH depends on its scarcity. This breach of trust may delay the adoption of related tokens such as TREAT and BONE, which benefit from the positive influence of Shiba Inu (CoinJournal).
2. Whale sells 202 billion SHIB (August 12, 2025)
Overview:
A major investor (whale) transferred 202.49 billion SHIB worth 2.6 million dollars to the Coinbase Prime platform after a two-month accumulation period. The price of SHIB dropped to $0.0000136, down 13% from its peak in July, with a technical pattern indicating a recurring price decline.
What does this mean?
Large inflows to exchanges usually precede selling pressure. If the price of SHIB drops below the support level of $0.00001289, it is expected to fall to $0.00001227. However, regaining the price to the level of $0.00001350 could reignite bullish targets near $0.000015 (U.Today).
3. Shibarium network surpasses 1.5 billion transactions (August 12, 2025)
Overview:
The Shibarium network, a layer two network for Shiba Inu, has surpassed 1.5 billion transactions, with a daily rate of 3 million transactions. Developers have reported a new partnership focused on "smart infrastructure" to attract more developers.
What does this mean?
This is a positive indicator of SHIB's utility, reflecting network activity and developer interest. However, the total value locked (TVL) remains low at $1.75 million (-10% month-over-month), indicating gaps in adoption (CoinMarketCap).
Summary
SHIB faces a struggle between the growth of the Shibarium network and optimism from the altcoin season on one hand, and concerns over whale exits and trust issues in the ecosystem on the other. Will the momentum of layer two be able to offset the weak indicators and selling pressure? Watch for LEASH recovery and SHIB's support level at $0.00001289 for future signals.
