Shibarium Surged 441%, Shocking the SHIB Community.

Shibarium, the blockchain network associated with the Shiba Inu token, has had some astonishing on-chain performance this week, which may have shocked the SHIB community. In the past week, its daily transaction volume has increased by an astonishing 441%, from 2,990 at the beginning of the week to 13,191 today.

The increase in Shibarium activity is likely due to the recent market turmoil, which has led to a surge in interest in the Shiba Inu token. As a result, the demand for transactions has increased, which in turn has led to higher transaction fees. For example, transaction fees paid in BONE increased by 176% in the past day.

This surge is a positive sign for the SHIB community. More transactions means more SHIB tokens will be destroyed, reducing the total supply and potentially increasing the value of the remaining tokens. Shibarium operates by using BONE tokens as gas fees.

Every transaction on the network destroys a portion of SHIB by converting a portion of the BONE fees into dead wallets.

In addition, during the same period, the number of active accounts on Shibarium grew from 798 to 836. This shows that while the number of new accounts has slightly decreased, the current users are increasingly participating in the network, which strongly drives the dynamic growth of the network.

The network's outstanding performance this week highlights its growing importance and utility in the Shiba Inu community. This growth is a strong indicator of the network's potential and the confidence of its users. #SHIBI #DOGE原型柴犬KABOSU去世 $SHIB $DOGE