Shiba Inu’s ecosystem is showing steady technical progress as infrastructure upgrades move forward. Developers continue restoring key services while users monitor data accuracy on the network. At the same time, institutional interest is expanding through new ETF developments. Market attention now centers on both network recovery and broader crypto sentiment.
Shibariumscan indexing progresses amid restoration efforts
Shibariumscan has reported continued progress in its restoration process, with 45% of blocks now indexed. This marks an improvement from the previously reported 41%, signaling steady advancement. The remaining indexing is ongoing as the system rebuilds its data.
Earlier reports in February stated that Shibarium migrated to a new server. The move aimed to enhance performance and improve overall reliability. These assets failed to display correctly on Shibariumscan and within wallet NFT tabs.
Community members, known as Shibizens, suggested that indexing delays caused the display issues. They also linked the problem to a temporary bridge update. Indexing plays a key role in blockchain explorers, as it organizes and presents network data.
With only 45% of blocks indexed, current metrics may lack full accuracy. Total block counts, transaction data, and wallet addresses could remain incomplete. Despite this, the Shiba Inu community continues tracking restoration progress closely. They also anticipate a planned privacy upgrade to the Shibarium blockchain later this year.
ETF filing highlights growing institutional interest
Meanwhile, institutional developments have added another layer of attention to Shiba Inu. T. Rowe Price has filed to include SHIB in a broad digital asset ETF. The asset manager oversees approximately $1.8 trillion in assets under management.
According to its amended S-1 filing with the U.S. Securities and Exchange Commission, the firm plans an actively managed crypto ETF. The proposed Price Active Crypto ETF aims to provide diversified exposure to digital assets. Shiba Inu appears among the listed assets in the filing.
At the time of writing, SHIB traded at $0.00000606, down 1.87% in the last 24 hours.
The broader crypto market showed mixed performance ahead of the Federal Reserve meeting. The Federal Reserve meeting begins today and concludes on Wednesday. Data from CME FedWatch indicates a 95% probability that rates will remain unchanged. Expectations place the range between 3.5% and 3.75%, making the decision largely anticipated by traders.
