Shiba Inu's blockchain has witnessed an 85% decline in daily transaction volume, dropping to 1,580 transactions from a peak of 10,940 on March 26. This decrease follows a brief surge in network activity and is attributed to ongoing infrastructure upgrades rather than a sudden loss of user engagement. Despite the drop, the network continues to function normally, with Shiba Inu token prices rising 6.01% to $0.00000609. The decline in transaction volume is linked to major upgrades affecting Shibarium's explorer metrics, including server migrations and a full chain re-index. These improvements have temporarily distorted key statistics, such as transaction counts and wallet addresses. However, ecosystem developers assure that the blockchain's operations remain unaffected, with Layer-3 scaling solutions like Shib Alpha and Shib Claw in beta testing. While current explorer data shows approximately 1.36 billion transactions, the actual total is closer to 1.56 billion. The temporary drop in on-chain metrics coincides with low investor confidence amid extreme fear conditions, but the upgrades are expected to enhance performance and transparency in the long term.