Shiba Inu burn rate surges sharply as Thanksgiving trading remains calm. Rising SHIB token burns contrast with persistent price stagnation this week. December outlook strengthens as Coinbase prepares new futures for SHIB. Shiba Inu recorded a major rise in token burns as the market moved toward December with limited price momentum. According to Shibburn, 61,833,188 SHIB were burned in the past 24 hours, driving the daily burn rate up 676.38%. Additionally, weekly burns climbed to 114,424,622 SHIB, marking a 155.66% increase over seven days. This surge arrived while SHIB traded with little movement, gaining 0.45% in the last day to hold near $0.000008582. SHIB also recorded a 0.47% decline across the week as traders navigated a quiet market. December has generally delivered mild price reactions for major cryptocurrencies, and Bitcoin has averaged a 1.5% return on similar seasonal periods since 2013, with only four negative sessions during comparable time frames. HOURLY SHIB UPDATE$SHIB Price: $0.00000864 (1hr 0.17% ▲ | 24hr -0.04% ▼ )Market Cap: $5,091,883,962 (0.00% ▲)Total Supply: 589,246,218,190,454 TOKENS BURNTPast 24Hrs: 61,833,188 (676.38% ▲)Past 7 Days: 114,424,622 (155.66% ▲) — Shibburn (@shibburn) November 27, 2025 Also Read: Tether’s Uruguay Withdrawal Sparks Industry Attention After Energy Dispute Escalates Burn Momentum Builds Despite SHIB Extending Monthly Losses Moreover, Shiba Inu began the week with a brief rally that brought three straight positive sessions from November 23 to November 25. SHIB rose from $0.00000756 on November 22 to $0.0000089 on November 25 before the uptrend faded. However, midweek losses followed a recurring pattern in which crypto assets soften before stronger liquidity phases in early December. These sessions have historically delivered slightly positive movement, although this year’s broader trend has weighed heavily on SHIB’s performance. Furthermore, Shiba Inu continued its downward trajectory this quarter even though Q4 is usually its strongest period. SHIB has now extended its monthly losses for four straight months since July. The token is down 14.47% in November after closing October in the red for the first time in its history. Consequently, attention is shifting to December as Coinbase prepares to introduce U.S. perpetual style futures along with 24 hour monthly futures trading. SHIB would need an advance of roughly 65% from current levels to secure a positive finish for 2025. Also Read: Egrag Crypto Says XRP’s Next Move Won’t be Calm – See Key Targets The post Shiba Inu Burn Rate Jumps Ahead of Thanksgiving as Price Stays Flat appeared first on 36Crypto. Shiba Inu burn rate surges sharply as Thanksgiving trading remains calm. Rising SHIB token burns contrast with persistent price stagnation this week. December outlook strengthens as Coinbase prepares new futures for SHIB. Shiba Inu recorded a major rise in token burns as the market moved toward December with limited price momentum. According to Shibburn, 61,833,188 SHIB were burned in the past 24 hours, driving the daily burn rate up 676.38%. Additionally, weekly burns climbed to 114,424,622 SHIB, marking a 155.66% increase over seven days. This surge arrived while SHIB traded with little movement, gaining 0.45% in the last day to hold near $0.000008582. SHIB also recorded a 0.47% decline across the week as traders navigated a quiet market. December has generally delivered mild price reactions for major cryptocurrencies, and Bitcoin has averaged a 1.5% return on similar seasonal periods since 2013, with only four negative sessions during comparable time frames. HOURLY SHIB UPDATE$SHIB Price: $0.00000864 (1hr 0.17% ▲ | 24hr -0.04% ▼ )Market Cap: $5,091,883,962 (0.00% ▲)Total Supply: 589,246,218,190,454 TOKENS BURNTPast 24Hrs: 61,833,188 (676.38% ▲)Past 7 Days: 114,424,622 (155.66% ▲) — Shibburn (@shibburn) November 27, 2025 Also Read: Tether’s Uruguay Withdrawal Sparks Industry Attention After Energy Dispute Escalates Burn Momentum Builds Despite SHIB Extending Monthly Losses Moreover, Shiba Inu began the week with a brief rally that brought three straight positive sessions from November 23 to November 25. SHIB rose from $0.00000756 on November 22 to $0.0000089 on November 25 before the uptrend faded. However, midweek losses followed a recurring pattern in which crypto assets soften before stronger liquidity phases in early December. These sessions have historically delivered slightly positive movement, although this year’s broader trend has weighed heavily on SHIB’s performance. Furthermore, Shiba Inu continued its downward trajectory this quarter even though Q4 is usually its strongest period. SHIB has now extended its monthly losses for four straight months since July. The token is down 14.47% in November after closing October in the red for the first time in its history. Consequently, attention is shifting to December as Coinbase prepares to introduce U.S. perpetual style futures along with 24 hour monthly futures trading. SHIB would need an advance of roughly 65% from current levels to secure a positive finish for 2025. Also Read: Egrag Crypto Says XRP’s Next Move Won’t be Calm – See Key Targets The post Shiba Inu Burn Rate Jumps Ahead of Thanksgiving as Price Stays Flat appeared first on 36Crypto.
Shiba Inu Burn Rate Jumps Ahead of Thanksgiving as Price Stays Flat
- Shiba Inu burn rate surges sharply as Thanksgiving trading remains calm.
- Rising SHIB token burns contrast with persistent price stagnation this week.
- December outlook strengthens as Coinbase prepares new futures for SHIB.
Shiba Inu recorded a major rise in token burns as the market moved toward December with limited price momentum. According to Shibburn, 61,833,188 SHIB were burned in the past 24 hours, driving the daily burn rate up 676.38%.
Additionally, weekly burns climbed to 114,424,622 SHIB, marking a 155.66% increase over seven days. This surge arrived while SHIB traded with little movement, gaining 0.45% in the last day to hold near $0.000008582.
SHIB also recorded a 0.47% decline across the week as traders navigated a quiet market. December has generally delivered mild price reactions for major cryptocurrencies, and Bitcoin has averaged a 1.5% return on similar seasonal periods since 2013, with only four negative sessions during comparable time frames.
Also Read: Tether’s Uruguay Withdrawal Sparks Industry Attention After Energy Dispute Escalates
Burn Momentum Builds Despite SHIB Extending Monthly Losses
Moreover, Shiba Inu began the week with a brief rally that brought three straight positive sessions from November 23 to November 25. SHIB rose from $0.00000756 on November 22 to $0.0000089 on November 25 before the uptrend faded.
However, midweek losses followed a recurring pattern in which crypto assets soften before stronger liquidity phases in early December. These sessions have historically delivered slightly positive movement, although this year’s broader trend has weighed heavily on SHIB’s performance.
Furthermore, Shiba Inu continued its downward trajectory this quarter even though Q4 is usually its strongest period. SHIB has now extended its monthly losses for four straight months since July. The token is down 14.47% in November after closing October in the red for the first time in its history.
Consequently, attention is shifting to December as Coinbase prepares to introduce U.S. perpetual style futures along with 24 hour monthly futures trading. SHIB would need an advance of roughly 65% from current levels to secure a positive finish for 2025.
Also Read: Egrag Crypto Says XRP’s Next Move Won’t be Calm – See Key Targets
The post Shiba Inu Burn Rate Jumps Ahead of Thanksgiving as Price Stays Flat appeared first on 36Crypto.
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Ethereum developers confirmed the Fusaka upgrade will activate on mainnet on December 3, 2025, following a systematic testnet rollout beginning on October 1 on Holesky.
The major hard fork will implement around 11-12 Ethereum Improvement Proposals targeting scalability, node efficiency, and data availability improvements without adding new user-facing features.
According to Christine Kim, the upgrade introduces a phased blob capacity expansion through Blob Parameter Only forks occurring two weeks after Fusaka activation.
Initially maintaining current blob limits of 6/9 target/max, the first BPO fork will increase capacity to 10/15 blobs one week later.
A second BPO fork will further expand limits to 14/21 blobs, more than doubling total capacity within two weeks.
Strategic Infrastructure Overhaul
Fusaka prioritizes backend protocol improvements over user-facing features, focusing on making Ethereum faster and less resource-intensive.
The upgrade includes PeerDAS implementation through EIP-7594, allowing validator nodes to verify data by sampling small pieces rather than downloading entire blobs.
This reduces bandwidth and storage requirements while enhancing Layer 2 rollup scalability.
The upgrade builds on recent gas limit increases from 30 million to 45 million gas, with ongoing discussions for further expansion.
EIP-7935 proposes increasing limits to 150 million gas, potentially enabling significantly higher transaction throughput.
These improvements complement broader scalability efforts, including EIP-9698, which suggests a 100x gas limit increase over two years to reach 2,000 transactions per second.
Fusaka removes the previously planned EVM Object Format redesign to reduce complexity while maintaining focus on essential infrastructure improvements.
The upgrade introduces bounded base fees for blob transactions via EIP-7918, creating more predictable transaction costs for data-heavy applications.
Enhanced spam resistance and security improvements strengthen network resilience against scalability bottlenecks and attacks.
Technical Implementation and Testing Timeline
The Fusaka rollout follows a conservative four-phase approach across Ethereum testnets before mainnet deployment.
Holesky upgrade occurs October 1, followed by Sepolia on October 14 and Hoodi on October 28.
Each testnet will undergo the complete BPO fork sequence to validate the blob capacity expansion mechanism.
BPO forks activate automatically based on predetermined epochs rather than requiring separate hard fork processes.
On mainnet, the first BPO fork launches December 17, increasing blob capacity to 10/15 target/max.
The second BPO fork activates January 7, 2026, reaching the final capacity of 14/21 blobs. This automated approach enables flexible blob scaling without requiring full network upgrades.
Notably, node operators face release deadlines ranging from September 25 for Holesky to November 3 for mainnet preparation.
The staggered timeline, according to the developers, allows comprehensive testing while giving infrastructure providers sufficient preparation time.
Speculatively, the developers use this backward-compatible approach to ensure smooth transitions with minimal disruption to existing applications.
PeerDAS implementation reduces node resource demands, potentially increasing network decentralization by lowering barriers for smaller operators.
The technology enables more efficient data availability sampling, crucial for supporting growing Layer 2 rollup adoption.
Overall, these improvements, combined with increased gas limits, will enable Ethereum to handle higher transaction volumes while maintaining security guarantees.
Addressing Network Scalability Pressures
The Fusaka upgrade addresses mounting pressure for Ethereum base layer improvements amid criticism of Layer 2 fragmentation strategies.
Critics argue that reliance on rollups has created isolated chains with limited interoperability, complicating user experiences.
The upgrade’s focus on infrastructure improvements aims to enhance base layer capacity while supporting continued Layer 2 growth.
The recent validator queue controversy particularly highlights ongoing network scalability challenges.
According to a Cryptonews report covered yesterday, currently, over 2M ETH sits in exit queues facing 43-day delays, while entry queues process in just 7 days.Ethereum Validator Queue (Source: ValidatorQueue)
However, Vitalik Buterin defended these delays as essential for network security, comparing validator commitments to military service requiring “friction in quitting.”
The upgrade coincides with growing institutional interest in Ethereum infrastructure, with VanEck predicting that Layer 2 networks could reach $1 trillion market capitalization within six years.
Fusaka’s emphasis on data availability and node efficiency supports Ethereum’s evolution toward seamless cross-chain interoperability.
The upgrade complements initiatives like the Open Intents Framework, where Coinbase Payments recently joined as a core contributor. The initiative, if successful, will address the $21B surge in cross-chain crime.
These coordinated efforts aim to unify the fragmented multichain experience while maintaining Ethereum’s security and decentralization principles
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