Shiba Inu (SHIB) is back in the spotlight, gaining traction as both price and investor sentiment heat up. Much of the renewed excitement revolves around Shibarium, the project’s layer-2 blockchain built to scale the ecosystem beyond meme coin status. As Shibarium’s total value locked (TVL) slowly inches upward, many are wondering—what would happen if it captured even a fraction of Ethereum’s massive $90 billion TVL?
Currently, Shibarium’s TVL sits near the $4 million mark. While this is a far cry from Ethereum’s multibillion-dollar dominance, even a modest chunk—say, 10% or $9 billion—could drastically change the trajectory of SHIB’s price. Analysts and community members alike are doing the math: how high could SHIB go in such a scenario?
SHIB Price Snapshot: Bullish Momentum Returns
At the time of writing, Shiba Inu trades at approximately $0.0000163 after climbing 8% in the last 24 hours. It recently faced resistance at the $0.000017 level, but if the bulls manage to clear this hurdle, a retest of January’s high around $0.000020 appears possible.
Interestingly, SHIB continues to mirror Ethereum’s performance, which surged nearly 40% over the past week. This correlation isn’t accidental—Shibarium is built atop Ethereum, and as the broader Ethereum ecosystem gains traction, so does SHIB by association.
Even more compelling is the recent expansion in Shibarium’s TVL, which has increased by over $1.5 million in just a month. This uptick, though small in scale, signals growing interest in the Shiba Inu ecosystem’s long-term viability.
What If Shibarium Hit 10% of Ethereum’s TVL?
Let’s put things in perspective. Ethereum currently dominates the DeFi space with a TVL nearing $90 billion. For Shibarium to claim even 10% of that—roughly $9 billion—its TVL would need to skyrocket over 2,000 times from where it stands today. That’s a massive leap and would require widespread adoption and heavy investment inflows.
While reaching this level may seem far-fetched in the short term, it serves as a powerful thought experiment. Analysts from Grok3 suggest that if such explosive growth occurred—especially if accompanied by SHIB token burns—price targets between $0.00015 and $0.00075 could become realistic. Similarly, DeepSeek notes that should Shibarium emerge as a prominent layer-2 player, SHIB might climb to $0.0001—a 5x gain from current levels—provided sustained usage and community support follow.
It’s worth noting that Solana is the only other major chain that’s managed to capture a similar share of Ethereum’s TVL. That feat alone highlights the magnitude of what Shibarium would need to achieve.
Technical Outlook: $0.000024 in Sight?
While Shibarium’s fundamental growth is crucial, technical indicators are also painting a promising picture. On the weekly chart, SHIB has formed a rounding bottom—a bullish reversal pattern—that suggests more upside could be on the way. Breaking through the $0.000016 resistance neckline sets the stage for a potential rally toward $0.000024, which represents a 55% gain based on the pattern’s height.
Momentum indicators back up the bullish narrative. The Relative Strength Index (RSI) has broken above the 50 threshold for the first time since mid-January, indicating that buyers are gaining control. Additionally, the Awesome Oscillator (AO) is showing diminishing bearish momentum. If AO flips to green, expect that to further fuel the breakout.
Final Thoughts
While Shibarium capturing 10% of Ethereum’s TVL remains a long shot for now, the exercise offers insight into the kind of impact such growth could have on SHIB’s price. Even without reaching that benchmark, continued adoption and steady gains in TVL can still propel SHIB higher.
For now, the more attainable target lies around $0.000024, backed by both strong technicals and an improving narrative around Shibarium’s utility. As the ecosystem matures, investors would do well to keep a close eye on both metrics—price action and TVL growth—as SHIB attempts to transition from meme coin to serious contender.
