Shibarium TVL Sinks 36% in 24 Hours While Shiba Inu Price and Volume Recover

Shibarium, the layer-2 network for Shiba Inu, has seen its Total Value Locked plunge 36% in the last 24 hours even as SHIB's market price rebounded. During this period, TVL fell to $477,849 while SHIB traded around $0.000008719 with higher volume, and the Shibarium team is advancing a security upgrade and privacy roadmap aimed at future confidential smart contracts.