Shiba Inu is taking significant steps to evolve beyond its initial meme coin image, particularly with the recent beta launch of Shib Alpha Layer. This innovative privacy-focused rollup stack is built using Fully Homomorphic Encryption, enhancing the project’s potential. Developed in collaboration with the cryptography firm ZAMA, this new technology enables smart contracts to operate with encrypted data without revealing sensitive information. As Shiba Inu transitions to a more advanced platform, investors are curious whether this technical evolution will lead to a price rebound after recent sell-offs. Staying informed on these developments could play a critical role for investors looking to maximize future returns.