A major security breach of the Shibarium Layer 2 network has again made news on September 15, 2025, with Shiba Inu (SHIB) being involved in a major security breach in the cryptocurrency world. The attack on the Shibarium bridge linking the ecosystem to Ethereum cost between 2.4 million and 3 million dollars, disturbing investors and leading to a dramatic drop in the price of SHIB.

This accident is a dangerous addition to the meme coin that has been weak in maintaining its pace in the wider market forces. With the news response of traders and enthusiasts, the question emerges concerning the strength of the ecosystem of Shiba Inu and its path to recovery. This paper will look into the specifics of the hack, the short-term consequences of the attack and the future of SHIB within the next few days and even more.

Shibarium Bridge Exploit: Unwinding the Security Breach

A well-known attack on a critical infrastructure part of the scaling solutions of Shiba Inu (the Shibarium bridge) happened earlier in the day. The hackers reportedly exploited vulnerabilities in the smart contract of the bridge, likely due to a flash loan aggregation that allowed them to control the liquidity pools and drain funds.

Foundational evaluations by blockchain security agencies estimate the stolen value to be around 2.4 million in wrapped Ethereum (WETH) and other tokens. However, some outlets estimate it to be up to 3 million at the time of full audits. The Shiba Inu development team was able to detect the breach in a relatively short time, suspended bridge operations to prevent any further losses, and initiated an investigation in cooperation with external auditors.

It is not the first occasion on which Shibarium has been questioned about security. Introduced in 2023 as the Layer 2 network of Ethereum, which is characterised by the large gas fees and the lack of scalability, the Layer 2 network can now be seen as a bustling ecosystem of decentralised apps, NFTs and DeFi protocols.

Nonetheless, it has experienced high growth rates, which sometimes have surpassed solid security controls, giving rise to the previously experienced problems, such as transaction freezes as a result of network congestion. This is what the current adventure highlights as the problems continue to arise within the meme coin ecosystem, where ambitious ventures usually focus more on speed rather than fortified safety.

The Shiba Inu team, headed by a pseudonymous developer Shytoshi Kusama, has made a pledge to be transparent and submit a post-mortem report in 48 hours. Users of social sites such as X (previously Twitter) have given mixed reactions, some of which include increased audits in future.

It could not have happened at a worse time, a time when the larger crypto market was, comparatively, stable. Bitcoin was fluctuating over 115,000 before the afternoon, which is a very promising environment that SHIB could not take advantage of. Rather, the exploit has heightened concerns about systemic risks in meme coin infrastructures, which are being compared to previous DeFi breaches that eroded faith in new blockchains.

Immediate Price Impact on SHIB and Ripple Effects on Meme Coins

After the release of the news concerning the exploit, the price of SHIB collapsed rapidly, falling more than 5 per cent in several hours to trade below $0.0000085. It is a continuation of a long-term declining trend where the token has lost over 99 per cent of its worth since it hit an all-time high of almost $0.000088 at the end of 2021.

The traders who are studying the charts have reported that it has been unable to break the 200-day exponential moving average (EMA), which is one of the key indicators of technical analysis that has served as an obstacle to the upward trend. The unattractive price turnover wiped out the previous successes at the beginning of September, when SHIB momentarily touched the resistance level of about 0.000015, only to fall back into the lack of buying power.

The meme coin Dogecoin (DOGE) fell approximately 3% in sympathy trading, not just SHIB, which had fallen by that time. The meme coin market, which has historically been sentiment-based and not fundamentally based, was sensitive to the news, and the total market capitalisation fell by 2 per cent over the past 24 hours.

The on-chain data indicates a bearish bias in the Investors Consensus, as large holders (whales) have been liquidating and retail traders are shifting to less risky assets. Trading volume on other large exchanges, including Binance and Uniswap, surged briefly, which is a sign of panic selling, but has now carried itself out, as the first shock has passed.

For SHIB holders, the decline in price represents a real-life loss, particularly those who are leveraged on Shibarium. The bridge has been down, and it has stalled transfers, which is freezing millions of assets; thus, it is necessary to put compensation tools in place.

Although there was a slight increase today in the rate at which the Shiba Inu burn, i.e., tokens no longer circulate, this did not keep pace with the bleeding. Analysts describe this incident as a terrible reminder of the risky nature of SHIB, which is not as old as altcoins as Ethereum, which fluctuated at approximately 4,500.

Response at Community and Ecosystem Level: Rallying to Resilience

The Shiba Inu community, also referred to as ShibArmy, has been able to organise fast in reaction to the crisis. On X, hashtags such as SHIB and ShibArmy were flooded with posts with information and speculation about the adventure.

Another popular post by influencers discussed the design of the bridge, and the team should add multi-signature wallets and real-time monitoring systems. Online polls had the users vote on the effectiveness of leadership, and a narrow majority showed that they still believed in Shytoshi Kusama despite the loss.

In addition to direct responses, the event has highlighted the overall ecosystem activities of Shiba Inu. Other projects such as the decentralized exchange, ShibaSwap, and programs in real-world assets (RWAs) are still in operation, and some traders have shifted to presales such as Avalon X, which is a RWA-backed token of SHIB enthusiasts with claims of staking rewards and CertiK audits.

These will help make SHIB more than mere speculation, as the company will need to diversify beyond being a Dogecoin competitor. Nevertheless, the critics believe that until Shibarium becomes fully operational, there will be no growth in adoption, a factor that may make users resort to their rivals, such as Solana-based meme ecosystems.

The event is also coming under regulatory scrutiny. As the world becomes more interested in crypto regulation, such a hack may also receive more scrutinising eyes by the SEC, in particular, considering that the hack may have been carried out in relation to the exchanges located in the U.S. The team of Shiba Inu has been keen on adherence in previous developments, but the present breach challenges that story today.

Long-Term Prognosis: SHIB Can Claim Glory or Zero More?

In the future, the recovery of Shiba Inu depends on the speed of overcoming the exploit and the new development of the ecosystem. According to the analysts, the most effective opportunity of the token to restore to the state of 0.00003 a psychologically significant figure is the ability to exceed the 50-day EMA, which could be caused by such positive news as the recovery of funds or the emergence of significant partnerships.

The long-term forecasts are more positive: in 10-20 years, SHIB might rise to 0.0001 and beyond in case Shibarium becomes a strong DeFi centre and token burns increase at a faster pace, decreasing supply. Such gains would likely require a significant adoption, possibly through integrations with Web3 gaming or metaverses, given its current market cap of approximately $5 billion.

Yet, challenges abound. The meme coin sector is noisy, and new entrants, such as a so-called 2025 competitor, are posing a threat to the leadership of DOGE and SHIB by introducing new approaches to finance. The history of SHIB – a 2021 boom and the following hype stagnation – reveals that the company is vulnerable to the hype cycles.

A skyrocket around the 35 millionths of a dollar occurred temporarily in early 2024; however, a more lasting expansion requires basics and not memes. Provided that the team can respond to the security breaches and increase utility, SHIB is likely to stabilise; otherwise, it may decline further to the bottom.

To recap, September 15, 2025, is a turning point in the history of Shiba Inu as it will be a combination of a crisis and an opportunity. The Shibarium exploit has been used to reveal vulnerabilities, but has also made the community stronger and reminded investors of the strength of meme coins.

The narrative of SHIB is not yet over, and with fluctuations and unwavering energy, the crypto market is developing. In the meantime, holders are encouraged to watch official channels attentively, and newcomers could wait until the skies become clear to jump in. The ShibArmy is here to stay, and the latest news is a lesson in the risky game of digital assets.

The crypto market is driving on September 12, 2025, when the ENA token of Ethena has taken centre stage. ENA has a strong potential of a 50 per cent increase to reach $1.20 as a result of whale acquisition, skyrocketing trading volumes, and a solid user base of around 0.77. This surge aligns with an overall market rally, as the total market capitalisation of cryptocurrencies stands at $4 trillion, driven by anticipation of Federal Reserve rate cuts.

The planned departure of Ethena Labs from the USDH stablecoin race of Hyperliquid, combined with the high-profile promotion of its position by BitMEX co-founder Arthur Hayes and the daring investment thesis of Mega Matrix, makes Ethena a DeFi giant. Ethena is also taking over the stablecoin scene with its synthetic stablecoin USDe, boasting a market cap of 13.2 billion, and therefore, it is a market to look at by both investors and analysts.

Ethena’s Pivot from Hyperliquid’s USDH Signals Strategic Focus

On September 11, through a post on X, Ethena Labs announced that it was withdrawing from the USDH stablecoin proposal by Hyperliquid, resulting in a headline. This relocation was in response to strong community feedback and consultations with validators, a change of direction towards Hyperliquid-native development.

A $5.5-billion decentralised perpetuals exchange called Hyperliquid had bid with stablecoin providers to integrate. Ethena was the first to suggest that USDH be issued on USDtb by Anchorage Digital Bank and backed by the BUIDL fund of BlackRock, with 95% of reserve revenues returned to Hyperliquid.

Ethena was compelled to withdraw due to community concerns about the risks of centralisation and the non-conformity to the native ethos of Hyperliquid. Critics preferred Native Markets, a group focused on the integration of locals, and this is a sign of the increasing popularity of community-based solutions in DeFi.

Ethena currently has its eyes on hUSDe, a Hyperliquid version of its USDe stablecoin, savings products, and card products, as well as derivatives. It is a pivot that, using the balance sheet of USDe, which is $ 13 billion, will increase the liquidity of Hyperliquid without impacting the core assets of Ethena. The move has been greeted with mixed feelings, but many people interpret it as a tactical retreat that places Ethena in an extreme long-term position without overstretching its resources.

Arthur Hayes’ ENA Buying Spree Sparks Market Optimism

Arthur Hayes, co-founder of BitMEX, has further added to the bullish story of ENA by a substantial amount of token purchases. Between September 12, 2021, and September 12, 2021, Hayes purchased 578,956 ENA tokens valued at $ 467,700 on Binance, and currently holds 5.02 million ENA tokens, which are worth $ 3.91 million. His investment, which is tracked on-chain data, precedes the key governance votes and supports his previous prognosis of ENA being able to grow at least 51x by 2028.

ENA is technically in a cup-and-handle formation, which is a positive indication that it will break out of the resistance at $0.84 to reach $0.95 and $1.16, a 1.618 Fibonacci expansion of this price. The current level of support at 0.73 is still critical; further decrease may initiate short-term selling.

The longs have a big market sentiment, as 72.97 per cent of the perpetuals bets are on gains, though there is a negative funding rate of -0.008 per cent that points to caution. The high-profile relocation of Hayes is attracting retail and institutional interest that could help push the price even higher as ENA grows its reach in crypto circles.

Whale Activity and On-Chain Metrics Fuel ENA’s Rally Potential

On-chain data support the positive momentum of ENA, and whale trading and user performance are at multi-week highs. Addresses and volumes of transactions have been booming, and the level of active engagement in the Ethena ecosystem is high. There was an interesting sale of wallet 0x43d…1B4f2, which bought 11.03 million ENA (equivalent to $8.36 million) at Coinbase for $0.7578. This is a typical whale buying action that sometimes leads to price surges.

August 2024 Ethena In February 2024, Ethena introduced its USDe stablecoin, which reinforced its third-largest stablecoin with a market cap of $13.2 billion. Its model of generating yields, which operates as a combination of staking and derivatives hedging, remains popular with users who want alternatives to USDT and USDC.

Even though there is a 0.67% decline over the last 24 hours, ENA has a technical position and whale flows indicative of a recovery to $0.90, $1.00, and even more to $1.201.30. The bullish sentiment of the broader market, which is being supported by Fed rate cut speculations, is a tailwind, although the macroeconomic changes may create volatility. Ethena has the potential to experience significant growth in the evolving DeFi landscape due to its innovative approach to synthetic dollars.

Mega Matrix’s $2 Billion Bet on Ethena’s USDe Dominance

Mega Matrix, a publicly traded holding company that has been digitalising, has taken a large bet on Ethena with projections of $150 million of revenue in 6-12 months and a 6x premium to ENA.

The executive vice president, Colin Butler, considers USDe a potential direct competitor to USDC, and that its yield-generating capabilities make it ideal as collateral in DeFi. Mega Matrix is filing a shelf registration of up to $2 billion to cumulate ENA, providing retail investors with direct exposure to Ethena by way of a publicly traded vehicle.

The key part of this thesis is a so-called fee-switch mechanism introduced by Ethena, approved in November 2024, which will begin to redirect protocol revenues to ENA stakers on reaching specific milestones, such as circulating supply and adoption targets.

The market cap of USDe is growing to $13 billion, and activation appears to be a short-term event, which could lead to considerable growth in token values. This institutional support serves as a bridge between traditional finance and DeFi, amplifying the popularity of Ethena and attracting capital flows that may reshape the dynamics of stablecoins.

What Lies Ahead for Ethena and ENA Investors

Ethena is at a crossroads on September 12, 2025, and the question is whether it can achieve strategic realignment and market momentum together or not. The Hyperliquid withdrawal shows the community spirit of DeFi, and the fact that Hayes and Mega Matrix promote it adds to the credibility. As USDe dominance and ENA technical structure is pointing to a breakout, investors are looking at near-term profitability in a positive macro environment.

The main risks are the regulatory oversight of synthetic stablecoins and the potential of the Fed to cause a market crash with the rate decision. Nevertheless, Ethena has strong fundamentals and a fortress of $13 billion USD, which gives it strength.

On-chain activity and fee-switch activation can be used as the best entry points for investors to follow. Since Ethena redefines the utility of stablecoins with yield and innovation, it is set to be the wave in DeFi, and it is worth watching among crypto enthusiasts.

The latest news from the cryptocurrency world is ripe with the latest developments from Pi Network, announced on September 12, 2025. Pi Coin (PI) is at $0.38, and the project has achieved much, such as passing 12 million users in their mainnet migration and preparing to undergo the game-changer Protocol 23 upgrade.

When paired with whale collections and a high-profile appearance at TOKEN2049, Pi Network is a leading competitor in the crypto realm. This paper discusses the most significant stories currently propelling Pi to grab headlines and its ability to rank as the best news on Google.

Pi Network Mainnet Migration Hits 12 Million Users

The transition of Pi Network to a full-fledged mainnet is a historic event, and more than 12 million users have successfully migrated by September 12, 2025. Such success underscores the fact that Pi is unparalleled in finding a new community globally with its mobile-first mining model. With as many as 8.04 billion PI tokens currently in circulation (out of 100 billion tokens issued), the network is scaling rapidly without compromising accessibility for common users.

In contrast to energy-consuming blockchains, Pi uses the Stellar Consensus Protocol, which enables any user with a smartphone to mine PI without expensive hardware. The practice has gained increased adoption, particularly in areas with limited financial infrastructure. The total value locked (TVL) in the ecosystem has grown by 21% to reach a new high of $5.1 million.

The KYC procedure is now decentralised and completely automated, which simplifies verifications, and it is possible to have one billion users on the entire mainnet launch. This mass adoption highlights Pi’s vision of a user-driven digital economy, making it one of the most popular stories among crypto enthusiasts seeking available blockchain solutions.

Pi Coin Price Update: $0.38 and Rising Amid Whale Moves

Today, the price of Pi Coin has effectively been held at 0.38, thus, a 2.46 per cent increase in value per day and a 0.63 per cent increase per hour. The token is resisting the support at $0.34, following whale accumulations, indicating a Wyckoff-type accumulation. Analysts believe PI may reach as high as $0.52 by the end of the month if bullish trends persist, although the all-time high of $1.95 remains far off.

The market equivalent of the token is 2.9 billion, and a fully diluted value of 36.1billion, and a 24-hour trading volume was 45 million dollars. But a new token unlock on September 21, which opens 13 million PI of a 165 million pool, may lead to volatility.

As much as more liquidity can bring on board new investors, the selling pressure may put to the test the $0.3446 support level. Although there have been long-term concerns about 2026 token floods, the utility orientation of Pi mitigates its impact against overall market fluctuations, resulting in the price action becoming a trending Google search topic.

Protocol 23 Upgrade Set to Transform Pi’s Ecosystem

The next Protocol 23 update, which is set to be released later in September, is creating a lot of hype. The update will improve scalability, security and decentralisation with the introduction of Linux-based nodes and advanced smart contract functionality. The upgrade will be the first step to introducing cross-chain bridges to Ethereum and Binance Smart Chain on PiOnline, which has more than 20,000 apps in development, including DeFi, gaming, and e-commerce.

Today, 625 running Linux nodes are indicative of 22 per cent growth per month, whereas Testnet 2 is only half-finished (62.5). Biometric authentication and multisig rule (5/7 signers) are also introduced in the upgrade, enhancing the security and community control.

Pi can be used in the real world today, as the Global Consensus Value (GCV) system has already been tested and is validated by a recent blockchain report; it can support 15% cross-chain transactions. This is one of the technical advances that have been the subject of search interest because developers and investors are interested in the developments on the Pi blockchain.

TOKEN2049 Spotlight: Pi Co-Founder to Boost Global Reach

Co-founder of Pi Network, who goes by the name Dr. Nicolas Kokkalis, will feature at TOKEN2049 in Singapore on October 1-2, a move that can significantly boost the project’s visibility. Kokkalis will draw attention to the mission of Pi to make crypto accessible to the masses, via mobile access, when he joins industry heavyweight Nick White of Celestia.

This is a critical point in the history of Pi, as TOKEN2049 has a track record of catalysing market rallies on featured projects, and the company wants to find institutional partners and new users. The news is massively trending, with searches on the global ambitions of Pi Network becoming popular.

Ecosystem Growth Fuels Real-World Utility

Pi has a healthy ecosystem, and applications that allow marketplace transactions to decentralised finance have been launched. The Global GCV Movement, spearheaded by first-of-its-kind initiatives, such as Doris Yin, has recorded a 21% growth in TVL and strong governance in multisig.

The engagement within the community is also high, and the users are encouraged to mine on a daily basis and lock tokens to facilitate stability. Optimism is pouring through social media, with some forecasting PI will reach $100 in the long-term as utility increases. This grassroots movement continues to put Pi Network in the limelight of individuals seeking Web3 innovations.

Challenges: Security and Token Unlock Risks

Although there are positive developments, there are challenges that Pi is encountering. The recent news of unauthorised transactions has rekindled an issue of wallet security, and this shows loopholes in multi-factor authentication. The main team should focus on user education and transparency so as to keep trust.

Moreover, the token unlock on September 21 has the potential to saturate it, with 80 per cent of GCV being in the hands of institutions. There may also be concerns about unresolved matters, such as KYC validator payments and code transparency, that could slow down enthusiasm unless addressed promptly. These issues are pivotal to users wanting to get updates on the reliability of Pi.

Pi Network’s Path to Crypto Dominance

September 12, 2025, Pi Network will be on the leading edge of the crypto revolution. Pi has 12 million migrated users, a price point of 0.38, and with the Protocol 23 update coming, it is going to grow. The TOKEN2049 look would provide it with an additional push, and its ecosystem extensions push it into actual use.

Pi is a unique product despite the security and unlock issues because it is more about accessibility and usefulness. The 2025-2030 market forecast is estimated to be between 0.52 and 1, and the long-term prospects depend on adoption. With more miners and constructors still working, the story of Pi Network is one to follow when one is seeking the next significant breakthrough in crypto.

Fartcoin has exhibited that the speculative nature of the cryptocurrency markets is at its peak after the most unexpected developments in this arena of late. This project’s been appropriately named FARTCOIN and it is $1.47 for a token, and within the last 24 hours, it has seen a 4.45% leap and taken the 75th rank on the crypt creatures ranking list. This latest twist in the meme coin drama has resulted in many of the traditional investors scratching their heads and some others running to catch their golden opportunity.

Fartcoin has thus grown from its humble $130 million to an incredible $1.46 billion, a figure that a few weeks ago would have been considered ridiculous. The fully diluted valuation of the token (FDV) and the market cap are identical, which means that almost all tokens are already in circulation. The project thus far has been very successful, with 999.99 million FARTCOIN tokens in the everyday circulation of the maximum total and a total supply of 1 billion, which indicates that the project has been able to get its tokens into the hands of market participants.

The skyrocket in Fartcoin liquidity was expected, with the 24-hour trading volume amounting to $351.29 million, which is 3.379409 times the liquidity of the previous day, 137.97% more. The amount of chaos created by such activity suggests a growth in interest in the trading of the token – the speculators and the meme coin enthusiasts are getting in on the train. A relatively high volume-to-market cap ratio of 23.9% implies good liquidity to traders, allowing them to get in or out of the market with relative ease.

The dramatic climb of Fartcoin through the ranks symbolizes the enormous popularity of meme-themed cryptocurrencies within the digital asset universe. Following the path already by Dogecoin and Shiba Inu, Fartcoin also takes advantage of the market’s craving for humor and nonsense by turning an immature concept into a billion-dollar market. This omnipresent trend shows the strength behind community-driven projects and the role of social media in coin proliferation.

Nevertheless, the popularity of Fartcoin throws up a big question the cryptocurrency market has to deal with as well as the nature of value in the digital society. The doubters argue that the exceptional rise of such tokens casts a shadow on the validity of the whole set of cryptocurrencies, making it possible that market capitalization and market adoption will be affected negatively. On the contrary, the supporters think meme coins are the epitome of the natural evolution of internet culture, where common jokes and references create firm communities and economic value.

Just like with any other meme coin or experimentally invested asset, investors must approach Fartcoin very carefully. The quick rise of the prices and very active trading can be twofold and really cause major price swings in both directions. The absence of basic value or function other than it is a popular meme makes Fartcoin particularly sensitive to sentiment changes in the market.

The Fartcoin experiment is yet another case where market intelligence and pump-and-dump schemes are called into question. The meme coin space, with the minimum of oversight, is the ground for the ones who master the trading scenes for their part and influence newbies in the crowd to make money.

Even though these concerns are serious, the achievement of Fartcoin and other meme coins forced the crypto community to take a break from the traditional notions of value and gain. In a market ruled by gossip and thoughts, the power of laughter and shared overall cultural experiences should never be downplayed. Can Fartcoin keep the fly and turn it into something more than just a brief joke? Let’s wait and see.

With the crypto market’s persistent development, the emergence of tokens such as Fartcoin is a wake-up call for its unforeseeable and often arbitrary aspects. Particularly, while the concept of meme coins may be for instance, a distraction without any meaning, the other side of the coin could be them undermining the credibility of the entire cryptocurrency ecosystem. It can be the case with everyone, the situation with Fartcoin, in particular, is indicative of the indispensable nature of financial education and alertness in the complicated and changeable world of digital assets.