13.06.2025 20:06
The Shiba Inu team has launched the Shiba Alpha Layer, a significant development touted as the end of the meme coin era for SHIB. This beta release of a Layer-3 (L3) solution, built in collaboration with ElderLabs and anchored to Shibarium, marks a pivotal moment in the project's evolution. Team members, including Shytoshi Kusama, Kaal Dhairya, and Lucie, have collectively announced this milestone, signaling a shift towards a more robust and functional ecosystem.
Shiba Alpha Layer, according to a Binance.Square post shared by Lucie, presents a modular rollup abstraction stack offering several key features. These include optional fully homomorphic encryption (FHE) for enhanced privacy, a unified user experience across all RollApps, and flexible gas fee payment options – encompassing BONE, SHIB, other cryptocurrencies, and stablecoins like USDT and USDC. Future enhancements will include native interoperability and instant bridging capabilities, further bolstering its utility. The team emphasized the project's organic growth, stating that it was developed without venture capital funding and solely based on delivering functional code.
The introduction of Shiba Alpha Layer transforms Shibarium into an L3 settlement layer, providing shared security and genuine SHIB token utility for all RollApps built upon it. Shytoshi Kusama, after a two-week social media hiatus, highlighted this development, directing the community to Kaal Dhairya's announcement declaring the "meme era" officially over for Shiba Inu. Kusama also reiterated his upcoming plans to release an AI-focused whitepaper, outlining SHIB's future AI strategy.
Remarkably, this launch has coincided with a dramatic surge in SHIB burns. Recent data from the Shibburn tracker reveals an astonishing 82,366.5% increase in SHIB burn rate, underlining the considerable impact of the Shiba Alpha Layer launch on the project's overall metrics and community sentiment. This significant event marks a critical juncture, solidifying Shiba Inu's transition beyond its meme-coin origins and showcasing its ambitious trajectory into a more mature and technologically advanced cryptocurrency ecosystem. Information regarding this was obtained from internet sources.
