Shiba Inu's price has slowed down towards the end of 2025, coinciding with the SHIB Army's holiday celebrations and increased social media activity. SHIB Marketing Lead Lucie has called for patience, emphasizing the importance of long-term objectives. On-chain data indicates a shift in Shibarium's focus from NFTs to decentralized exchanges, with the total value locked (TVL) currently at $2.28 million. The Shiba Inu project is also planning to launch a Layer-3 blockchain featuring fully homomorphic encryption (FHE) by late 2026, supported by $12 million in funding and partnerships with Polygon and Animoca.