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The Shiba Inu (SHIB) ecosystem has undergone a major network upgrade known as the Shibarium hard fork. This upgrade marks the end of the Goerli network, which was the testnet ecosystem for Ethereum, and transitions the layer two (L2) protocol to the Sepolia network. The goal of this upgrade is to provide DeFi developers with more scalable and secure options.One of the key enhancements introduced in the Shibarium hard fork is an improved SHIB burning mechanism. This mechanism aims to reduce the supply of SHIB tokens and increase their underlying value. Initially, the burning process will be done manually by the official deployer wallet, but an automated mechanism is expected to be implemented in January 2024.With the successful upgrade, the Shiba Inu ecosystem has seen significant growth, with the total value locked (TVL) surpassing $862k in recent weeks. However, there is still work to be done to make the ecosystem more decentralized and independent from its creators.Following the hard fork, the team expects increased development activity for the L2 network, as the upgrade aims to enhance scalability and security. The SHIB price has also experienced a 17 percent increase in the past week, reaching around $0.000009634. The token is currently testing a crucial resistance level, which could lead to further upside in the coming weeks.Overall, the Shibarium hard fork and the subsequent transition to the Sepolia network represent significant milestones for the Shiba Inu ecosystem. These developments aim to provide developers with a reliable and consistent platform for testing their decentralized applications (dApps) and smart contracts.