Shiba Inu restarted BONE transfers on the Shibarium bridge after security fixes, cleared the final pre-launch step for LEASH v2 following an external audit, and shipped a multi-chain ShibaSwap upgrade. The updates arrived across September and mid-October and focus on infrastructure, not price.
Shibarium bridge returns with new safeguards
The team reopened the Plasma Bridge for BONE on October 14 after a review and hardening cycle. Core contributor Kaal Dhairya said users can again move BONE between Ethereum and Shibarium. The post framed the relaunch as safer and more resilient than the prior setup.
Moreover, the restoration followed a September security incident detailed in an earlier engineering note. That note described how unauthorized validator power enabled a malicious exit through the PoS bridge. The document also outlined mitigation steps and continuing containment ahead of the October fix.
In addition, ecosystem and news posts listed operational guardrails now in place. They cited a seven-day withdrawal delay and blacklist tooling designed to limit suspicious flows while bridging resumes. Together, these controls bookend the bridge’s return to service.
LEASH v2 reaches pre-launch after Hexens audit
Developers reported that the LEASH v2 contract and migrator cleared a third-party security audit in September. The team said migration will begin with a fixed-supply model to remove prior supply-change risk in LEASH v1. They added that launch details would follow the audit milestone.
Coverage from industry outlets aligned with the plan and timing. Reports highlighted Hexens as the auditor, a no-mint migrator, and a burn-to-claim path that preserves holder balances while retiring v1. Those summaries mirrored the team’s stated objectives for stability.
Previously, the project published a DAO proposal to standardize the migration. It proposed using the last trusted pre-rebase snapshot and required holders and stakers to participate in burn-to-claim. That proposal established the governance baseline now feeding into the rollout.
In mid-September, ShibaSwap shipped a major redesign with cross-chain trading and simplified liquidity management. The update brought trading, liquidity, and analytics into a single interface. It also introduced a smart-routing engine that selects cheaper or faster settlement paths.
Furthermore, ecosystem coverage emphasized multi-network support at launch. Reports noted connectivity across Ethereum and other major chains such as Arbitrum, Polygon, and Base, with Shibarium integration on the roadmap. The redesign aimed to reduce fragmentation for traders and LPs.
Additional summaries echoed the platform changes and timing. They described consolidated positions pages and improved mobile use, placing the September release as an operational upgrade rather than a token event. These notes situate the DEX work within a broader infrastructure focus.
SHIB Weekly Chart Tests Support After Liquidity Sweep
Shiba Inu’s weekly chart shows a clean retest of a multi-month support cluster. Price printed a long lower wick, sweeping below spring and summer lows before closing back inside the range. This move signals liquidity taken under support while the broader structure still holds inside well-defined horizontal levels.
However, the trend on higher timeframes remains a series of lower highs since the 2021 peak and the early-2024 rally. Each bounce has stalled beneath layered resistance, marked on the chart with red bands. Consequently, the market continues to compress between that overhead supply and the green support zone that caught the latest drop.
In context, the current range has contained most weekly closes for more than a year. Break attempts above have faded quickly, and dips below have been reclaimed with wicks rather than bodies. Therefore, the chart communicates balance: sellers defend resistance, buyers react at support, and direction awaits a decisive weekly close outside this corridor.
Going forward, watch the same levels highlighted on the chart. A weekly close back under the support band would confirm a range break to the downside, while a weekly close through the nearest red resistance would shift the structure to neutral. Until then, SHIB trades range-bound with liquidity hunts on both edges.
SHIB Prints Bullish Flag; Break Above Flag Top Puts 0.000019 in Play
Shiba Inu’s SHIB/USD daily chart shows a clear bullish flag: a sharp July “pole” higher, followed by a sloping, parallel channel lower into October. Price reclaimed the channel’s lower rail after the long capitulation wick and now pivots near the 50-day EMA at 0.00001174 while the upper flag line sits just overhead around the mid-0.000012 area. The chart also marks a horizontal objective near 0.00001900, which aligns with prior supply and the measured-move projection.
A bullish flag forms when a strong advance (“pole”) pauses in a downward-tilting channel (“flag”). Buyers digest gains while sellers fail to push a trend reversal. Then, a decisive break and close above the flag’s upper boundary typically resumes the prior uptrend. Volume often contracts inside the flag and expands on the breakout, confirming participation.
Therefore, confirmation for SHIB requires a daily close above the flag’s top trendline and a hold back above the 50-day EMA. With that, the classical measured move adds the pole’s height to the breakout level, which targets the 0.000018–0.000019 zone. From the current print near 0.00001024, that objective implies roughly an 85% rally if the breakout succeeds. Conversely, a loss of the recent wick-low area around 0.0000095 would invalidate the setup and keep the channel in control.