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Shibarium, a layer 2 network for the Shiba Inu ecosystem built on Ethereum, is on the verge of transformation with the upcoming hard fork. The hard fork will officially go live on Tuesday morning this week according to Indian Standard Time. The fork could occur as early as late Monday for users in western time zones.
Since its launch in 2023, the Shibarium network has become quite popular. This platform has processed nearly 600 million transactions, reaching the milestone of 500 million earlier this month. Shibarium runs on the Ethereum blockchain, leveraging its security and framework while adding its own unique features. Moreover, around 2 million blockchain addresses have engaged with Shibarium, and the network has successfully processed over 8 million blocks.