Shiba Inu shows conflicting on-chain signals amid rising network activity

Shiba Inu (SHIB) is experiencing significant on-chain volatility characterized by conflicting market signals. Network activity has seen a substantial surge, with one report noting a 216% increase in network activity and an increase of 1.6 billion SHIB in on-chain indicators.

Exchange data presents a dual scenario: seven-day average exchange outflows have risen by approximately 191.89%, suggesting investors are moving tokens to private wallets for long-term holding. However, this is countered by a significant rise in exchange inflows, with the seven-day average mean exchange inflows growing by 354.32%, which could indicate increased selling pressure.

Technically, the price has been testing support near the $0.000005 level. While some traders view the recent bounce as a sign of buyer defense, others note that the price remains below key short- and medium-term moving averages. AI-driven financial tools, utilizing models like DeepSeek Chat and Gemini 3.5 Flash, have projected potential downside risks, suggesting the price could face further pressure toward the $0.000004 range if it fails to break above the $0.0000055 to $0.0000057 resistance band.