Why is Shiba Inu Price Up Today?

26 Jul, 2025

Former SEO Writer

Expertise : Crypto News & Market Analysis, Content Strategy & SEO Writing

Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.

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Here’s Why Shiba Inu Price Soared 6% Today

After a major crypto crash, the green color dominates the broader market today, pushing the market cap to $3.86 trillion, up nearly 2%. Along with that, Bitcoin returned above the $117k mark, and the Shiba Inu has surged 6%, making a big price jump today.

Notably, this surge is due to the broader crypto market recovery, but there’s also an addition to the momentum. Recently, Shibarium has launched upgrades like gas fees sponsorship (Shib Paymaster), staking upgrades (staking 2.0), and more. Additionally, the Ethereum-linked momentum is an add-on, where its institutional demand influences the price of SHIB and other ETH-based tokens.

SHIB Updates Developer Hub to Power Its Infrastructure⁰🔗 https://t.co/Hf2iX2Ykme

SHIB has updated its official documentation portal, signaling a clear move toward developer-centric infrastructure. Built on the Mintlify framework, the site consolidates technical resources that… pic.twitter.com/L49hjgtE1H

— Shibarium 🍖 | SHIB.IO (@Shibizens) July 25, 2025

SHIB itself saw massive whale accumulation, with 4.68 trillion token inflows on July 23 and more. The Shibarium development also caused a 2,742% spike in Shib burn, tightening supply (6.3M tokens removed). Although the same isn’t persistent today, the impact remains.

Lastly, the investors’ demand also played a significant role, as Coinglass data reveals an 8.31% increase in OI, currently $231.16M. This indicates that the investors’ trust in this digital asset is rising.

Shiba Inu Price Soars Today, But What’s Next?

Notably, SHIB has gained 6% surge, currently trading at $0.00001405 with $8.2 billion in market capitalization. However, it is still in a downtrend in a week’s timeline. Its trading volume of $241.9 million also reveals the downtrends, as it’s 27% lower than yesterday’s, showcasing limited traders’ activity.

: Source: CoinMarketCap, SHIB price chart

Additionally, there’s a mixed sign from the technical patterns. Factors like RSI and Bollinger bands support the uptrend, whereas MACD and others hint at a potential downtrend. Crypto experts like Crispus also add to uncertainty, where they acknowledge the bullish pattern formation, but also advise caution in the short term.

According to Crispus Shiba Inu price prediction, the token is forming a bullish cup and handle formation. A breakout from here would push it towards $0.0000160 and $0.0000218 in the long term. However, if it fails the key support, the price could crash.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Frequently Asked Questions (FAQs)

1. What are the latest Shibarium developments supporting the Shiba Inu price rally?

Shibarium recently introduced features like Shib Paymaster, Staking 2.0, and more.

2. What’s the experts’ take on SHIB?

Experts advise caution in the short term due to a miscalculated signal, but the long term is bullish.

3. Which other cryptos are up today?

The broader crypto market is witnessing an uptrend, resulting in BTC, ETH, DOGE, and other coin prices rising.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.