SHIB Holder Addresses Surpass 1.573 million as Shibarium Hits 1 billion Transactions

TLDR:

• SHIB added over 10,000 new holder addresses on Ethereum between April 19 and April 22, 2026.
• Around 505 billion SHIB moved off centralized exchanges, pointing to rising self-custody behavior.
• Shibarium crossed 1 billion total transactions, strengthening the burn mechanism tied to SHIB supply.
• A Q2 2026 privacy upgrade using Fully Homomorphic Encryption is underway with cryptography firm Zama.

SHIB holder addresses on Ethereum recorded a sharp rise between April 19 and April 22. More than 10,000 new wallets joined the network during that period, pushing the total above 1.573 million.

Etherscan data captured the move, which ranks as one of the fastest short-term expansions in the holder base this year.

The surge aligns with fresh activity on the Shibarium Layer 2 network and renewed technical interest in the token’s price chart.

What Drove the Wave of New SHIB Wallets

The single largest daily addition came on April 21, when 4,958 new wallets entered the SHIB network. That figure marks the highest one-day gain recorded in 2026 so far.

The cleanest seven-day net gain, however, sits closer to 5,653 wallets on Etherscan. For context, the holder base only crossed 1.55 million in late March.

Price movement played a role in drawing fresh buyers into the token. SHIB climbed more than 7% in the week leading into April 22.

The token also broke through a multi-year descending triangle pattern on its daily chart. Retail wallets tend to respond quickly when a memecoin clears a long-standing technical level.

On-chain data added another layer to the story. Around 505 billion SHIB moved off centralized exchanges over the past week.

That kind of outflow typically points to holders transferring tokens into self-custody. When exchange balances fall at that scale, available supply can tighten over time.

Long-term conviction also appears to be growing within the holder base. Data shows long-term holders have grown roughly 78% over the past year.

Meanwhile, the Shibarium Layer 2 has been generating fresh ecosystem headlines. That type of news often pulls speculative capital back into the parent token.

Shibarium Milestones Shape SHIB’s Broader Narrative

Shibarium crossed 1 billion total transactions, a target the project had been tracking for months. The Layer 2 network generates automatic burns of BONE and, indirectly, affects SHIB supply through fee activity.

Each transaction feeds into the broader burn mechanism over time. That makes sustained network usage relevant to SHIB’s long-term supply picture.

The @Shibtoken team is also targeting a Q2 2026 privacy upgrade built on Fully Homomorphic Encryption. The integration is being developed alongside cryptography firm Zama.

It aims to enable encrypted transactions and data processing directly on Shibarium. The upgrade opens pathways for privacy-preserving DeFi and gaming use cases.

At the time of writing, SHIB trades near $0.0000061 with a market cap of roughly $3.59 billion. That places the token at rank 27 on CoinMarketCap.

Twenty-four-hour volume sits around $91 million, down about 13.5% from the prior day. The week is largely flat at negative 0.3%, after earlier highs near $0.0000064 faded.

The LEASH v2 migration continues in phases following its completed security audit. Other roadmap items include Layer 3 expansion and AI-related tooling.

Traders watching SHIB will want to track Etherscan holder data alongside Shibarium’s daily transaction figures. Whether the holder growth converts into price strength depends on how SHIB handles its current breakout retest.

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