Mazrael, a strong voice in the Shiba Inu (SHIB) community, has just deployed Safe contracts with full verification on the Shibarium explorer Shibariumscan, while a corresponding pull request, ‘safe-deployments PR#1666,’ has been opened for the deployment registrations.
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Safe isn’t a newcomer brand. That’s a widely used smart-account and multi-signature crypto wallet infrastructure. Simply put, this kind of firm provides Web3 projects with tooling to run multiple deployments on various assets, allowing a multi-signature structure for all transfers.
Safe protocol follows a monthly release cycle with bi-weekly reviews of canonical deployments, supporting secure multisignature wallet functionality for users on the Shibarium network. The full disclosure on these 9 Safe v1.4.1 smart contract deployments is available now on GitHub.
Previously, Mazrael debunked claims about a so-called Shibarium Ecosystem restart. The Layer-2 network was always running. Several improvements were made linking to other ecosystem components, including the upcoming Shiba Eternity Play 2 Earn (P2E) version.
Shibarium TVL Still At Lows Amid Rebound
Shibarium’s daily transactions peaked at $1.21K, judging from the real-time metrics at ShibariumScan. While the trading volume has been stagnant, the long-term usage is there. Presently, the wallet count is nearing 100 million, with roughly 8 million more wallets to go.
The average block production time remains around 5 seconds, confirming a smooth L2 chain conduct despite a crunch in Shibarium’s Total Value Locked (TVL). According to DefiLlama, the $86,379 locked in value is a far cry from Q4 Of 2025, when Shibarium was valued at $3 million.
On the price front, Shiba Inu’s (SHIB) market value grew by 4.42% over the 24-hour time-frame following a broader market rebound. Bitcoin (BTC) just managed to slide through the $81,000 resistance level, while Ether (ETH) sparked up a rally towards $2,550, according to CoinGecko.
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