Shibarium Achieves Record 4 Million Transactions

ER25...sQnx
22 Nov 2023
3

Shiba Inu’s (SHIB) layer-2 blockchain Shibarium has reached a significant milestone, recording over 4 million transactions as the network continues to expand. The surge in transactions signifies growing interest and activity within the ecosystem, marking a notable achievement for the digital asset market.

The network’s growth has resulted in a historic high of 4,009,983 transactions, a milestone verified by Shibariumscanexplorer. This development underscores the network’s progress and its impact on the broader digital asset space.

Shibarium Sets New Transaction Record
The anticipation surrounding Shibarium’s launch was palpable among the SHIB Army, anticipating its potential as a transformative force in the meme coin market. In August of this year, the long-awaited layer-2 blockchain finally debuted, marking a turning point for the ecosystem. Since then, it has consistently achieved significant milestones.

Now, the Shiba Inu (SHIB) ecosystem celebrates Shibarium surpassing 4 million transactions, a monumental achievement accompanied by impressive network statistics. The platform boasts 1,753,873 total blocks and a remarkable adoption rate with 1,270,687 wallet addresses, showcasing its rapid acceptance and utility within just four months of its introduction.

Moreover, the ecosystem’s growth hasn’t slowed since Shibarium’s launch. BONE, the gas token on the network, is currently trading at $0.635 on CoinMarketCap, despite a 2.11% decline in the last 24 hours. The continuous advancement of Shibarium is anticipated to positively influence the asset’s overall price trajectory, indicating a promising outlook for the near future.

Write & Read to Earn with BULB

Learn More

Enjoy this blog? Subscribe to CryptoNavigator

1 Comment

B
No comments yet.
Most relevant comments are displayed, so some may have been filtered out.