The community behind Shiba Inu (SHIB), colloquially known as the Shib army, eagerly awaits a crucial development in the meme coin’s Layer 2 network, Shibarium.

This anticipated milestone is poised to significantly impact SHIB’s price performance and various key metrics on the network.

Shibarium’s ‘Crucial’ Next Step

During the past week, Shibarium’s auto-burn feature was deployed on the Puppynet testnet, further boosting its uses. However, Shiba Inu market analyst Lucie recently hinted at more forthcoming updates for this ecosystem.

He suggested that these updates, once fully implemented, will boost Shibarium‘s Total Value Locked (TVL) and enhance the overall experience for dedicated SHIB enthusiasts.

“We are on the brink of a crucial step for Shibarium, and I’m not just talking about the automatic burns. This will boost TVL and provide a home for SHIB loyalists,” Lucie said.

Shibarium has thrived with widespread adoption and success since its launch. The network has integrated with major cryptocurrency players such as Gate.io, and transaction volumes recently crossed 300 million.