A crypto whale has transferred 3 trillion SHIB tokens (worth $39 million) from Coinbase to a self-custody wallet, coinciding with developers outlining Shiba Inu’s ambitious expansion plans across Base and Solana networks using Chainlink CCIP and broader ecosystem upgrades.

🔹 Whale transfer worth $39M sparks attention

According to Whale Alert, the whale withdrew 3 trillion SHIB from Coinbase Prime into a newly created self-custody wallet. At an average price of $0.00001299 per token, the transaction reached nearly $39 million.

This was the first transaction linked to the wallet, suggesting the investor is focused more on long-term accumulation than short-term trading.

At the same time, Shiba Inu’s burn rate skyrocketed 1,985% in just one day, permanently removing over 4.7 million SHIB tokens from circulation. Many analysts see this sharp supply cut as a driver for long-term price growth.

🔹 Shiba Inu eyes multi-chain expansion with Base & Solana

Amid whale activity, Shiba Inu’s developers continue to upgrade the ecosystem. Expansion plans include deploying SHIB on Base and Solana while maintaining its core Ethereum-based tokenomics.

Shib developer Kaal Dhairya confirmed that SHIB will remain “always native to Ethereum,” but opened the door to deploying on other chains through Chainlink CCIP, which ensures secure cross-chain transfers while burning Ethereum tokens to maintain SHIB’s deflationary model.

Dhairya warned that deploying SHIB outside the official framework would be considered abuse of the ecosystem, urging developers to contribute back to Shiba Inu’s growth rather than exploit its identity.

🔹 Infrastructure upgrades and DAO elections

The Shiba Inu team recently launched an upgraded developer hub, offering clear guides for running validation nodes and building dApps — steps that enhance participation and decentralization.

Lead developer Shytoshi Kusama previously hinted at new AI infrastructure for Shibarium, as well as the upcoming Alpha Layer upgrade and a new decentralized exchange (DEX).

Beyond infrastructure, the community is preparing for DAO council elections and has already appointed an interim president, marking another step in Shiba Inu’s long-term governance and ecosystem expansion.

With whale activity, rising burn rates, and multi-chain expansion plans, Shiba Inu positions itself for a transformative phase that could strengthen its role in the evolving Web3 landscape.

#SHIB , #Shibarium , #memecoin , #CryptoInvesting , #cryptotrading

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