Shiba Inu’s Shibarium Network Sees 50% Surge in On-Chain Activity: Price Impact

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In Brief

Shibarium's on-chain activity surged by 50%, highlighting increased network interest.

Shibarium accounts rose from 105,367 to 113,732 in May, showing robust growth.

Shiba Inu's potential 32% price surge hinges on breaching a key resistance level.

The Shibarium network, integral to the Shiba Inu (SHIB) ecosystem, has witnessed a remarkable surge in on-chain activity.

According to data from Shibariumscan, new transactions on Shibarium increased by nearly 50%, escalating from 5,150 on Friday to 7,691 by Sunday. This spike highlights a growing interest within the network.

Moreover, the total number of Shibarium accounts has significantly risen. Starting from 105,367 on May 1, it reached 113,732 by May 27, indicating robust expansion and growing trust in the platform.


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