According to Shibariumscan data, the Shiba Inu layer-2 scaling solution, Shibarium, has experienced a significant increase in newly verified contracts. In just 24 hours, the total number of newly verified contracts rose by approximately 533%, from 3 on September 17 to 19 the following day. Verified contracts growth has reached 416, compared to 55 at the beginning of September.
Launched at the end of August, Shibarium has been met with enthusiasm from the crypto community. The overall number of wallets on the network surpassed the 1 million mark about two weeks ago, with the current figure standing at 1,247,000 million. Total transactions on Shibarium are nearing the 3 million milestone, with 2.84 million recorded at the time of writing.
Shibarium's purpose is to establish a robust ecosystem built on Ethereum for Shiba Inu. Its main goal is to aid the advancement of the memecoin and elevate it above its rivals by providing a dedicated network for transactions and application development.
