Shiba Inu (CRYPTO:SHIB) has shown a slight 2% price increase amid a broader market recovery, contrasting with significant declines in key ecosystem metrics.

Daily transaction volumes for transactions exceeding $100,000 plummeted by 70%, while Shibarium's daily transactions dipped below 3,500, accompanied by a 70% drop in total blocks processed.

Despite these setbacks, SHIB's burn rate surged by 350%, leading to the destruction of nearly 28 million tokens.

While this may have a positive impact on SHIB's circulating supply and potential valuation, the contrast highlights ongoing challenges in sustaining ecosystem metrics alongside price movements.