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Latest cryptocurrency news > SHIBA INU (SHIB) > Shibarium Faces Financial Questions After Blast Project Shutdown
SHIBA INU (SHIB)

Shibarium Faces Financial Questions After Blast Project Shutdown

BH NEWS
Last updated: 3 October 2026 15:31
BH NEWS 37 seconds ago
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Kaal Dhairya, a prominent developer within the Shiba Inu ecosystem, recently broke his prolonged silence on social media platform X, addressing concerns regarding the funding of Shibarium’s maintenance, updates, and technical operations. Responding succinctly to the inquiry about who bears financial responsibility, Dhairya indicated, “I do.”

Contents
Blast Shutdown Raises Eyebrows Toward ShibariumInfrastructure Enhancements UnderwayContinued Reindexing in Chain Explorer

Blast Shutdown Raises Eyebrows Toward Shibarium

This revelation followed closely on the heels of Blast, an Ethereum-based Layer-2 network, announcing its cessation of operations. In a candid disclosure, Blast’s team attributed their decision to the persistent gap between operational costs and revenue, highlighting an unsustainable economic outlook. Users were advised to withdraw their assets by October 26 via the platform’s interface.

Blast’s abrupt closure has sparked similar concerns regarding Shibarium, another Ethereum Layer-2 solution. An X user, Ed Salomons, inquired about the financing of Shibarium’s strengthening, updates, and ongoing technical upkeep. Dhairya’s brief response suggested the network isn’t being neglected but provided no clarity on the allocation of resources, involved entities, or the long-term financial framework.

In response to Ed Salomons’ query on maintenance costs, Kaal Dhairya replied, “I do,” affirming his direct involvement with Shibarium.

Infrastructure Enhancements Underway

Ongoing technical efforts on the Shibarium front are evident. Among the latest updates attributed to Dhairya, a network reorganization issue has reportedly been resolved. Moving forward, the transition of the DRPC to the network’s new environment remains in progress.

For context, an RPC allows applications to connect to a blockchain to read data and send transactions, while DRPC is known as a service provider offering distributed infrastructure connections to developers and applications.

As of late 2025, legacy public RPC endpoints associated with Shibarium have been retired. This shift was part of an initiative towards a more official, stable, and decentralized RPC infrastructure. Last month, community member Mazrael updated node operators on peer rotation policies, noting the publication of new Bor static nodes and Heimdall persistent_peers information, rendering the previous node set obsolete.

Continued Reindexing in Chain Explorer

Shibarium has undergone further connection-related modifications. Updates to Shibarium’s RPC list are reflected in the ethereum-lists/chains registry, with current connection details accessible via Chainlist. These steps aim to organize the network for developers and operators more systematically.

According to Shibariumscan data, the reindexing process within the network’s explorer is ongoing, with 54% of blocks currently indexed. This indicates that infrastructure transition and updates are still underway.

Shibariumscan data reveals that reindexing continues, with 54% of blocks scanned so far.

As a second-layer network on Ethereum, Shibarium aims to reduce transaction costs and enhance network utilization. While recent disclosures affirm the project’s ongoing technical activity, uncertainty prevails regarding the scope of its financial model.

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