Shiba Inu ($SHIB) Achieves Major Milestone: Shibarium Surpasses 500 Million Transactions
In a significant development, Shiba Inu’s Layer-2 solution, Shibarium, has surpassed 500 million transactions since its launch in August 2023. Built on Ethereum's scaling technology, Shibarium has established itself as a crucial component of the SHIB ecosystem, with over 7.8 million blocks and close to 1.9 million active wallet addresses.
Highlights of Shibarium’s Growth:
500 Million Transactions: Achieved rapidly, supported by new features like NFT bridging.
Daily Transaction Volume: Reached 4.69 million, showcasing strong adoption and network expansion.
Aiming for Industry Leadership: Shibarium’s growth positions it to compete with prominent Layer-2 platforms like Base and Optimism.
With SHIB currently trading at $0.00002659, this milestone may influence market movement as investors respond to Shibarium’s rapid development. Led by Shytoshi Kusama, the Shiba Inu team has set ambitious goals to further advance the ecosystem.
Could this milestone signal the start of SHIB’s next rally?
Keep an eye on SHIB as it continues to capture the interest of the crypto community.