The Shiba Inu team announced a comprehensive privacy upgrade to its Shibarium platform and collaboration with an artificial intelligence gaming company to enhance the utility of the SHIB Token. Official spokesperson Lucie stated on X that the Shibarium platform is expected to achieve full on-chain privacy in the second quarter of 2026. Crypto company Zama will introduce Fully Homomorphic Encryption (FHE) technology to the network, allowing smart contracts to be executed directly on encrypted data without decryption, thereby enhancing the security of transactions and contracts. This technology will transform Shibarium from a typical Layer-2 chain into a privacy-focused blockchain network. Zama's public testnet has been launched on the Ethereum Sepolia network, with plans to go live on the Ethereum mainnet by the end of the year, and to expand to EVM-compatible chains in the first half of 2026, before deploying to Solana by the end of the year.

PANews, October 5th news, @Shibburn posted on the X platform stating that the SHIB Token burning activity has significantly increased in the past week, with its burn rate soaring by 449.66%. According to statistics, a total of 71,297,136 $SHIB have been permanently removed in the past seven days.