Shiba Inu (SHIB) has seen a notable increase in open interest, rising 8% in the past 24 hours to reach $75.76 million, equivalent to 10,346,899,754,165 SHIB tokens. This surge comes as SHIB's price experienced a modest 1.83% increase to $0.000007345, despite a weekly decline of 8.55%. In related developments, Zama, a partner of Shiba Inu, has successfully completed its decentralized key generation ceremony for a confidential blockchain mainnet, marking a significant milestone in its blockchain initiatives.