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Cryptocurrency News Articles

A top developer from the Shiba Inu project, Kaal Dhairya, has shared an update on the direction of the SHIB ecosystem

Apr 10, 2025 at 10:23 pm

Rollups are used to help manage network traffic and lower fees by handling transactions off-chain and then posting the data back to the main blockchain.

A top developer from the Shiba Inu project, Kaal Dhairya, has shared an update on the direction of the SHIB ecosystem

A top developer from the Shiba Inu project, Kaal Dhairya, has shared an update on the direction of the SHIB ecosystem.

In a recent social media post, Dhairya noted that the next development phase will focus on integrating rollups and Fully Homomorphic Encryption (FHE). These upgrades are intended to improve both the performance and privacy of the network.

His message was a response to the market drops and the FUD that usually accompanies such trends.

In his message, Dhairya urged the community to stay focused, saying, “Market drops usually bring out negativity, especially from those who have profited without giving back. This is the time to build—rollups, FHE, and everything that follows. Builders don’t complain—they create.”

When markets dip, the FUD rises — especially from scammers who made millions off the SHIB ecosystem. Ignore the noise. This is your chance to build in the next phase: Rollups, FHE, and beyond. Remember: like @woofswap builders build. No complaints. Just work.

Rollups are used to help manage network traffic and lower fees by handling transactions off-chain and then posting the data back to the main blockchain. FHE allows data to remain encrypted while still being used for operations, supporting stronger privacy protections for users.

Stablecoin Development Remains Pending

Alongside the talk of new upgrades, Dhairya responded to a user’s question about Shi, the anticipated stablecoin linked to the SHIB project. While many have speculated on its launch, the developer confirmed that progress depends on future legal clarity.

Shi coin update? We're waiting for clear guidelines before moving forward with Shi.

The project has mentioned a stablecoin in the past, but there has been no confirmed release date or technical detail recently. This response suggests the team is proceeding carefully and will wait for further regulatory direction before continuing.

SHIB Sees Small Price Recovery After Drop

This week, Shiba Inu’s price had a modest recovery. In Wednesday’s session, it briefly went as low as $0.01029.

However, it followed a broader crypto and equity market bounce, with Bitcoin surging, and the S&P 500 enjoying one of its biggest moves of recent times.

SHIB’s price peaked at $0.00001194 and was holding at about $0.000

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Other articles published on Apr 17, 2025