#ShibaInu ’s ($SHIB ) Layer-2 solution Shibarium has reached a significant milestone by recording half a billion transactions since its launch.
In the heat of the Shiba Inu (#SHIB ) ecosystem, Ethereum-based Layer-2 scaling solution Shibarium has achieved great success on the mainnet. According to Shibariumscan systems, the total number of transactions on the platform has surpassed the 500 million mark. The total number of transactions is currently recorded at 500,623,178.
With the NFT bridging feature on the mainnet, the number of transactions has jumped from a few thousand to daily transactions. Currently, the daily transaction count is recorded at 4.69 million, and the protocol has recorded at least 2,227 transactions in a few hours.
According to Shibariumscan systems, the total number of blocks of the protocol has reached 7,849,660 and the budget addresses have increased to 1,889,496. The protocol, which is constantly growing, aims to be on par with competitors such as Base and Optimism soon.
What is the latest situation in Shiba Inu (SHIB)?
SHIB expresses the expected reaction to this update within the ecosystem. As of the writing of the news, the SHIB price is trading at $ 0.0000264 and the last 24 drops have decreased by 3.39 percent. During this time, the popular memecoin has traded between $ 0.00002457 and $ 0.0000303. Shiba Inu has increased by over 48 percent in the past week with the rise in Bitcoin.
Meanwhile, Shiba Inu's lead developer Shytoshi Kusama has focused on the SH.I.B project, not creating a "Silicon Valley" center. Kusama took the initiative to present the idea to Elon Musk, so that he could evaluate the Donald Trump administration's project.
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