Shibarium project activity has a significant impact on the rise in the price of the Shiba INU cryptocurrency. Shibarium is a layer-two protocol developed to improve transaction speed and reduce costs on the Ethereum network, with Shiba INU acting as a token on it.

When a major project like Shibarium is launched or updated, it attracts the attention of investors and traders, which increases the demand for the coin. This increased demand usually leads to a rise in the price. Additionally, if the project provides real benefits and tangible improvements to the network, confidence in the coin increases, which can push the price even higher.

Therefore, Shibarium activity can be a major driver of Shiba price growth, especially if it is received positively by the community and investors.#BinanceBlockchainWeek #solana #shbi👍 $BTC $SHIB