Shibarium, the layer 2 blockchain supporting the Shiba Inu ecosystem, recorded a significant surge in network activity at the end of October, followed by a rapid decline as the momentum proved to be short-lived. On October 31, transactions on the Shibarium network soared to 6,370, marking a 745% increase compared to the previous day’s count of 753, according to data from Shibariumscan, a blockchain explorer for the network.