Latest Bone ShibaSwap (BONE) News Update

By CMC AI
14 September 2025 09:49AM (UTC+0)

What is the latest news on BONE?

TLDR

BONE navigates governance upgrades and exchange turbulence – here’s the latest:

  1. Governance Overhaul (18 August 2025) – Shibarium expands voting options using BONE.

  2. DAO Leadership Elections (7 August 2025) – SHIB ecosystem advances decentralization efforts.

  3. OKX Delisting Fallout (1 July 2025) – BONE drops 32% monthly post-exchange exit.

Deep Dive

1. Governance Overhaul (18 August 2025)

Overview:
The Shiba Inu team introduced multi-choice voting for Shibarium governance, allowing BONE holders to participate via staking, direct token voting, or quadratic voting. This update aims to reduce whale dominance and align with the ecosystem’s shift toward decentralized decision-making.

What this means:
Bullish for BONE, as increased governance flexibility could boost utility and demand. However, quadratic voting’s complexity might limit smaller holders’ participation. (U.Today)

2. DAO Leadership Elections (7 August 2025)

Overview:
Shiba Inu developers announced elections to select a new lead visionary and councils for the DAO, emphasizing BONE’s role in voting. This follows community feedback demanding clearer decentralization roadmaps.

What this means:
Neutral-to-bullish – while elections signal progress toward decentralization, delays in finalizing DAO structures (e.g., discourse features) risk short-term uncertainty. (U.Today)

3. OKX Delisting Fallout (1 July 2025)

Overview:
OKX delisted BONE, citing internal policy reviews, triggering a 32% monthly price drop. The SHIB team countered by promoting DeFi alternatives, but liquidity concerns persist.

What this means:
Bearish short-term due to reduced exchange access, though long-term focus on Shibarium and DeFi integration could mitigate reliance on centralized platforms. (CryptoPotato)

Conclusion

BONE’s trajectory hinges on balancing governance innovation with market stability. While Shibarium upgrades and DAO progress strengthen its ecosystem role, exchange volatility underscores dependency risks. Will decentralized voting mechanisms offset liquidity pressures from CEX exits?

What are people saying about BONE?

TLDR

BONE’s community debates delistings and burns while doubling down on Shibarium utility. Here’s what’s trending:

  1. OKX delisting sparks DeFi pivot

  2. Price-based burn vote dominates governance

  3. Team defends BONE’s ecosystem role

Deep Dive

1. @Shibizens: Delisting fallout fuels DeFi advocacy bearish

“DeFi = freedom. CEX = permission.”
– @Shibizens (95K followers · 1.2M impressions · 2025-07-01 11:05 UTC)
View original post
What this means: Bearish short-term due to reduced exchange liquidity, but bullish long-term if Shibarium adoption offsets centralized reliance.

2. @Bone_Shibarium: Dynamic burn mechanism gains traction bullish

“BONE ≤ $2 burning BONE, BONE > $2 burning SHIB” leads with 103,793 BONE votes.
– @Bone_Shibarium (68K followers · 890K impressions · 2025-07-27 07:47 UTC)
View original post
What this means: Bullish for price stability, as the proposal ties burns to market conditions, incentivizing scarcity during low-price phases.

3. @Shibizens: BONE’s utility spotlighted amid FUD bullish

“BONE is gas. BONE is DAO. It runs Shibarium.”
– @Shibizens (95K followers · 2.1M impressions · 2025-07-25 08:56 UTC)
View original post
What this means: Bullish for fundamentals, emphasizing BONE’s role in powering 1.4B+ Shibarium transactions and automated SHIB burns.

Conclusion

The consensus on BONE is mixed, balancing exchange-related headwinds against Shibarium’s growing utility. While OKX’s delisting triggered a 12% price drop, the community is leaning into governance-driven burn mechanics and DeFi infrastructure. Watch BONE’s burn execution rate and Shibarium’s daily transaction count (currently ~4M) for signals of sustained demand.

What is next on BONE’s roadmap?

TLDR

BONE’s development continues with these milestones:

  1. Dynamic Burn Mechanism (Q3 2025) – Price-based SHIB/BONE burns post-governance vote.

  2. Shiba Alpha Layer Rollout (Q4 2025) – Modular L3 infrastructure for Shibarium.

  3. DAO Governance Expansion (2025) – Elections and enhanced proposal systems.

Deep Dive

1. Dynamic Burn Mechanism (Q3 2025)

Overview: A governance vote concluded in July 2025 approved a dynamic burn model: BONE is burned if its price stays below $2, and SHIB is burned if BONE exceeds $2 (CoinMarketCap). This mechanism aims to balance deflationary pressure across both tokens.
What this means: Bullish for BONE if adoption grows, as higher transaction volume on Shibarium (using BONE as gas) could trigger SHIB burns, indirectly supporting BONE’s utility. Bearish if BONE remains below $2 long-term, increasing its own burn rate and reducing circulating supply.

2. Shiba Alpha Layer Rollout (Q4 2025)

Overview: The Shiba Alpha Layer, a modular rollup framework on Shibarium, entered beta in June 2025. It enables developers to deploy app-specific RollApps with optional privacy features, paid via BONE (U.Today). Full deployment is expected by late 2025.
What this means: Bullish for BONE’s demand as the mandatory gas token for RollApps. Risks include delayed adoption if developer tools or interoperability features underdeliver.

3. DAO Governance Expansion (2025)

Overview: The SHIB DAO is transitioning to a fully decentralized model, with elections for a “Lead Visionary” and councils planned (U.Today). Discourse functionality for proposals and enhanced voting mechanics are under development.
What this means: Neutral-to-bullish. Improved governance could attract institutional interest, but voter apathy or contentious decisions might slow progress.

Conclusion

BONE’s roadmap hinges on Shibarium’s growth, with burns, scalability upgrades, and governance reforms driving its utility. While technical milestones like the Alpha Layer could boost demand, success depends on developer adoption and market conditions. How will BONE balance its meme origins with its expanding technical role in the SHIB ecosystem?

What is the latest update in BONE’s codebase?

TLDR

BONE’s codebase updates focus on enhancing developer tools, governance, and Shibarium integration.

  1. Developer Hub Overhaul (28 July 2025) – Consolidated documentation and added SDKs for Shibarium.

  2. Governance Voting Upgrade (18 August 2025) – Introduced flexible voting methods via smart contracts.

  3. Shiba Alpha Layer Integration (28 July 2025) – Enabled modular rollups for scalable dApps.

Deep Dive

1. Developer Hub Overhaul (28 July 2025)

Overview: The Shiba Inu team rebuilt its developer portal using Mintlify, centralizing technical guides for Shibarium, validator nodes, and cross-chain interoperability.

The update includes SDKs for DeFi apps, a Hardhat plugin, and libraries like ElderJS. A live status page tracks network health, while step-by-step guides simplify integration with ShibaSwap V1/V2.

What this means: This is bullish for BONE because streamlined tools attract more developers to build on Shibarium, increasing network activity and BONE’s utility as the gas token. (Source)

2. Governance Voting Upgrade (18 August 2025)

Overview: The Shib Doggy DAO introduced three voting methods: staking-based, ERC-20 token voting, and quadratic voting (to limit whale dominance).

Smart contracts now allow voting via SHIB, BONE, LEASH, or TREAT tokens. A fourth method (one-person-one-vote) is in development.

What this means: This is neutral for BONE as it democratizes governance but dilutes BONE’s exclusive governance role. However, broader participation could strengthen ecosystem cohesion. (Source)

3. Shiba Alpha Layer Integration (28 July 2025)

Overview: Shibarium’s modular rollup framework (“Shiba Alpha Layer”) allows developers to deploy independent RollApps (L3 chains) settled on Shibarium.

The update introduced optional FHE privacy, unified gas logic (paid in BONE/SHIB/stablecoins), and plans for native interoperability.

What this means: This is bullish for BONE because it cements its role as Shibarium’s primary gas token while expanding use cases for scalable dApps. (Source)

Conclusion

BONE’s codebase updates emphasize developer adoption, governance flexibility, and Layer-2 scalability – aligning with its transition from meme token to ecosystem backbone. With Shibarium processing ~4M daily transactions, how will these upgrades impact BONE’s demand as network activity grows?

CMC AI can make mistakes. Not financial advice.