The Shiba Inu community has something new to cheer about. As the Shiba Inu team has just rolled out a massive update for Shibarium, the blockchain behind the popular SHIB token. This isn’t just a small tweak—it’s a complete transformation that promises to make life easier for SHIB fans and crypto users everywhere.
Let’s see what this major upgrade its all about!
Shiba Inu New Tool – DeFi Upgrade –
In a recent X post, Shiba Inu’s marketing lead Lucie announced that the new upgrade has completely changed how people can earn, trade, and burn their SHIB tokens.
So, what’s new? First, there’s a fresh DeFi toolkit. This toolkit makes it easier for users to earn, trade, and burn SHIB and other tokens right inside Shibarium, no need to jump between different platforms anymore.
The toolkit also features new precision liquidity pools. These let users choose the exact price range for providing liquidity, so they can earn better rewards and make smarter moves in the crypto market.
Live Burns Now Part of the Flow
One of the most exciting features of this update is its impact on the SHIB burn mechanism. Before, SHIB burns depended on separate transactions.
But now, any activity on Shibarium like swapping, adding liquidity, or using other tools, will trigger live burns. This means SHIB and other tokens are now being burned in real time.
Lucie said that these burns are now part of the daily flow, which could help reduce the supply of SHIB over time.
Impact On Shib Price
Despite these big upgrade, the daily SHIB burn numbers are still in the red for now. In the last day, the total amount of SHIB burned was about 10.4 million tokens. Three transactions handled this, with one giant burn of over 10 million SHIB tokens alone.
As of now, SHIB’s price is trading around $0.00001266, reflecting a ssligh rise seeing the ast 24 hours with a market cap of $7.46 billion.
A new XRP Ledger software update has gone live, ushering in a wide range of network functionalities. Dubbed Software Update 2.5.0, the upgrade brings XRPL one step closer to challenging Ethereum and Solana’s dominance. XRP Ledger Gets New Functionalities Following Software Update XRP Ledger has undergone a series of improvements in recent weeks, but a
Ethereum price dips below $1,800 lagging behind Bitcoin to start the week, but Vitalik’s Layer-Zero update renews optimism for ETH’s long-term growth, after recent criticisms from Cardano Founder, Charles Hoskinson.
Ethereum (ETH) Lags as Crypto Market Leans Towards Positive Start to the Week
Ethereum (ETH) has opened the week on a weak footing, sliding 2.9% to $1,783.53 as broader crypto markets flashed mixed signals. Meanwhile Bitcoin (BTC) posted a strong 1% gain to reclaim $95,100.
The current data shwos Ethereum lagged behind, extending a weekend correction that now sees ETH trading near the lower end of its 24-hour range between $1,782.07 and $1,848.73.
Ethereum price action, April 28 | Coingecko
Despite short-term dip, a closer look and mid-term price action shows bullish dominance as U.S. President Trump’s softened stance on tariffs. At the time of publication, CoinGecko data shows ETH’s weekly returns standing at +12.4%, compared to Bitcoin’s +10.6%. However, on the monthly view, ETH’s 6.0% gain trails BTC’s double-digit surge.
This divergence reflects active capital rotation as trader leverage the volatile macro sentiment to execute short-term plays.
Vitalik shares Layer-Zero Update after Charles Hoskinson’s criticism
Hoskinson’s remarks fueled debate across crypto media channels about Ethereum’s long-term viability, as Layer-2 networks like Arbitrum and Optimism increasingly capture user activity and fees.
In an indirect but timely response, Ethereum co-founder Vitalik Buterin shared a major Layer-Zero scalability update on Sunday.
Through his vitalik.eth account, Buterin reposted product launch documentation from LayerZero Labs and Succinct Labs, proposing a shift from the EVM (Ethereum Virtual Machine) to a more efficient zkVM system using RISC-V standards.
According to the reposted research this update would expand Ethereum’s network capabilities by:
Up to 832× fewer cycles than current EVM interpreters
95.7% reduction in proving cycles via precompiles
30× throughput increase with GPU acceleration
346MB → 1.5MB proof compression via recursion
These Layer-Zero vApps (Verifiable Applications) technology aims to combine Web2-level performance with Web3 verifiability, offering a new path to scaling Ethereum without excessive reliance on Layer-2 networks.
How Could Vitalik’s Layer-Zero Update impact Ethereum Price?
If successfully implemented, Vitalik’s Layer-Zero framework could reshape Ethereum’s scalability narrative, potentially alleviating long-term fears about ecosystem fragmentation
A transition to high-efficiency zkVM infrastructure could enhance Ethereum’s competitiveness against newer chains and reduce fees directly on the Layer-1 base.
Ethereum’s Vitalik Buterin issues proposal to replacing the EVM with RISC-V | Source: x.com/pumatheuma
In the short term, however, Ethereum price forecast hangs in the balances as it continues to languish below $1,800 and remains sensitive to short-term risks as Bitcoin’s dominance rises.
Ethereum Price Forecast Today: ETH Eyes $2,875 Target After Falling Wedge Breakout
Ethereum (ETH) currently trades at $1,780 as of Monday April 28, printing a falling wedge pattern after 12% gains last week.
This technical pattern suggests a bullish reversal for ETH price with the a critical target at $2,850, as marked by the red vertical dotted projection on the chart.
Notably, the Parabolic SAR (Stop and Reverse) indicator, plotted as blue dots below the recent candles, reinforces the bullish trend, suggesting that buyers are now in control after months of selling pressure.
Ethereum price forecast today
Supporting this upside scenario, the Fisher Transform indicator shows strong positive momentum, currently reading 2.22, indicating overbought conditions but also underlying strength. While a minor pullback cannot be ruled out, the mid-term momentum still leans heavily in favor of the bulls.
Still, failure to maintain the support cluster around the Parabolic SAR level at $1,569 could invalidate the bullish thesis, likely making the $1,385 low as a potential bearish target.
Ethereum co-founder Vitalik Buterin believes that the direction of blockchain applications often mirrors the intentions and ethics of their creators. He cites that projects like Pump.fun are derived from bad social philosophy.
In a recent discussion, he highlighted how the impact—positive or negative—of crypto projects is shaped by the values driving their development.
Buterin Says Pump.fun and Terra Reflect What Not to Build in Crypto
Buterin praised a handful of decentralized applications that align with Ethereum’s long-term vision. These include Railgun, Farcaster, Polymarket, and the messaging app Signal.
On the flip side, he criticized platforms such as Pump.fun, Terra/Luna, and the collapsed FTX exchange, describing them as harmful examples of what not to build.
“The differences in what the app does stem from differences in beliefs in developers’ heads about what they are here to accomplish,” Buterin explained.
Vitalik Buterin Talking about Social Philosophy in Crypto. Source: Warpcast
In the past, he noted that tools like Polymarket could move beyond betting on elections and serve as useful mechanisms for improving decision-making in governance, media, and even scientific research.
Previously, the Ethereum co-founder had warned about schemes that prioritize hype over substance, such as Terra/Luna and FTX. He has also consistently urged the crypto space, especially DeFi, to build with ethical intent and long-term utility in mind.
How Developer Ethics Shape Blockchain’s Future
To explain his views on Ethereum’s unique development path, Buterin compared it to C++, a general-purpose programming language.
Unlike C++, Ethereum is only partially general-purpose. Many of its core innovations, like account abstraction or the shift to proof-of-stake, rely heavily on developers’ commitment to Ethereum’s broader mission.
“Ethereum L1 is not quite in that position: someone who doesn’t believe in decentralization would not add light clients, or FOCIL, or (good forms of) account abstraction; someone who doesn’t mind energy waste would not spend half a decade moving to PoS… But the EVM opcodes might have been roughly the same either way. So Ethereum is perhaps 50% general-purpose,” Buterin said.
Buterin furthered that Ethereum apps are around 80% special-purpose. Because of this, the ethical framework and goals of the people building them play a critical role in shaping what the network becomes.
