Shiba Inu's Layer 2 blockchain, Shibarium, is on the verge of reaching a significant milestone with nearly 14 million blocks processed, currently standing at 13,994,936 blocks. This rapid growth includes the addition of almost 3 million blocks over the past six months, with expectations to surpass the 14 million mark by the end of 2025. In tandem with this development, Shiba Inu's token, SHIB, has seen a notable price increase, rising 11% in the last 24 hours to $0.00001006. This surge aligns with a broader market recovery and follows Grayscale's inclusion of Shiba Inu among crypto assets anticipated to qualify for spot exchange-traded products (ETPs) under new U.S. regulatory guidelines.