SHIB price skyrocketed as the Shibarium burning process began.
The Shibarium platform, Shiba Inu's (SHIB) Layer-2 solution, is witnessing a strong surge in adoption.
The number of wallet addresses on this network has now reached 1.9 million, confirming Shibarium's increasingly important position in the cryptocurrency space.
1.9 Million Wallet Addresses – A Significant Milestone Approaching
According to data from Shibariumscan, the network currently records 1,904,516 wallet addresses.
This shows that the Shiba Inu community is increasingly expanding and creating a strong attraction within the ecosystem.
Shibarium not only attracts attention with its outstanding features but also supports core tokens like SHIB, LEASH, and BONE.
The increase in wallet addresses opens up strong growth opportunities for token trading activities, staking, and governance decisions, contributing to the overall value of this ecosystem.
Trading Activity: Impressive Numbers
The total transaction volume on Shibarium currently stands at 558 million transactions, with an average of over 2.5 transactions per wallet.
Regarding block volume, the network has surpassed the milestone of 8 million blocks, a notable achievement compared to other Layer-2 protocols.
The Momentum of SHIB in the Market
The strong development of Shibarium has propelled the value of SHIB tokens to soar. In the past 24 hours, SHIB price has increased by 10.61%, reaching $0.00002739, while market capitalization surged by 122.29% to $3.24 billion.
These numbers indicate the sustainable appeal of SHIB and the growing interest from the investor community.
A Bright Future for Shibarium
With support from a loyal community and remarkable technological advancements, Shibarium is solidifying its position in the cryptocurrency space.
Will the milestone of 1.9 million wallet addresses mark a new chapter for Shibarium and enhance the value of SHIB in the near future? Let's wait and see.
