The Shiba Inu (SHIB) ecosystem has a strong growth trend, with data from IntoTheBlock showing bullish momentum in large transactions, which have increased by almost 10% in the past week. SHIB whales have traded up to $12.65 million in large transactions over the past week, with a total of 45 transactions recorded.

Despite falling profitability among SHIB token holders, the sustained interest in the protocol is evidenced by the milestones hit in the past seven days. The Shiba Inu ecosystem is celebrating its third anniversary, with the launch of Shibarium, the meme coin's Ethereum-based Layer 2 protocol, being touted as a gateway for SHIB to reach its much-coveted promised land.