{"id":11356,"date":"2026-04-27T05:00:28","date_gmt":"2026-04-27T05:00:28","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bone-network-heats-up-93k-holders-after-massive-weekly-surge\/"},"modified":"2026-04-27T05:00:28","modified_gmt":"2026-04-27T05:00:28","slug":"bone-network-heats-up-93k-holders-after-massive-weekly-surge","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bone-network-heats-up-93k-holders-after-massive-weekly-surge\/","title":{"rendered":"BONE Network Heats Up: 93K Holders After Massive Weekly Surge"},"content":{"rendered":"

Wallets holding at least 1 million BONE quietly grew their positions by over 4% in April \u2014 a detail that might say more about where this token is headed than any single-week spike in new addresses.<\/p>\n

Validator Activity Drives Holder Surge<\/h2>\n

BONE, the gas token powering Shiba Inu’s Layer-2 blockchain Shibarium, crossed 93,000 holder addresses<\/a> this week after adding 5,653 new wallets in seven days. That weekly growth rate hit 87%, a sharp jump from the prior week.<\/p>\n

According to the Shibizens X account, operated by the Shibarium team, most of that growth traces back to validator re-delegations on the network rather than a wave of new retail buyers. Etherscan data confirmed the total at 93,010 at the time of reporting.<\/p>\n

\n

$BONE<\/a> holder count has surpassed 93,000 addresses. \"\ud83e\uddb4\"<\/p>\n

+5,653 new holders in the last 7 days
\n\u2192 ~87% increase vs the previous week<\/p>\n

Key drivers:
\n\u2022 Validator re-delegations on Shibarium<\/p>\n

Observed trends:
\n\u2022 Tokens moving off exchanges into non-custodial wallets
\n\u2022 Increased\u2026 pic.twitter.com\/svq50JlfYP<\/a><\/p>\n

\u2014 Shibarium | SHIB.IO (@Shibizens) April 23, 2026<\/a><\/p>\n<\/blockquote>\n

On-chain data also shows BONE<\/a> tokens moving away from centralized exchanges and into non-custodial wallets. Reports from Shibizens indicate transaction activity is climbing alongside an expanding active user base \u2014 trends that typically point to reduced short-term selling pressure and growing user confidence in the network.<\/p>\n

Big Wallets Holding Long, Holding More<\/h2>\n

The 4.2% position increase among large holders in April has pushed their collective share to almost 60% of total supply. These top wallets aren’t new to the token. Based on reports from Shibizens, their average holding period sits around 412 days \u2014 well over a year \u2014 suggesting major participants are focused on Shibarium’s<\/a> longer-term trajectory rather than reacting to short-term price swings.<\/p>\n

<\/p>\n

Trading volume also moved sharply higher, rising 51.77% over a 24-hour window to reach $1.7 million. That spike in volume came even as BONE’s price remained under pressure, trading around $0.05766 \u2014 a 2.5% drop in a single day.<\/p>\n

Price Gap Remains A Heavy Overhang<\/p>\n

The numbers paint a complicated picture. Year-to-date, BONE has lost 28% of its value. Over the past month alone, it shed more than 10%. Those losses are part of a much larger decline that has stretched over years.<\/p>\n

BONE once traded at $41.67 \u2014 its all-time high, reached in September 2021. At its current price, the token sits 99.86% below that peak. The gap between where BONE trades today and where it once stood is something no single week of holder growth can paper over.<\/p>\n

The BONE network surpassed 93,000 holders following what the Shibarium team is calling a massive weekly surge. Whether the holder growth, rising volume, and accumulation by large wallets point to something bigger \u2014 or simply reflect routine network activity \u2014 remains to be seen.<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Wallets holding at least 1 million BONE quietly grew their positions by over 4% in April \u2014 a detail that might say more about where this token is headed than any single-week spike in new addresses. Validator Activity Drives Holder Surge BONE, the gas token powering Shiba Inu’s Layer-2 blockchain Shibarium, crossed 93,000 holder addresses…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[219],"tags":[220,5108,51,156,105,106,1355],"class_list":["post-11356","post","type-post","status-publish","format-standard","hentry","category-altcoin","tag-altcoin","tag-bone","tag-crypto","tag-memecoin","tag-shib","tag-shiba-inu","tag-shibarium"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/11356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=11356"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/11356\/revisions"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=11356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=11356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=11356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}