The crypto world is witnessing an important event that the Shiba Inu community is following closely. Shibarium, known as Shiba Inu’s layer-2 blockchain, has achieved great success and recorded a significant milestone by processing more than 2 million transactions. This development comes just a week after the layer-2 blockchain reached 1 million total transactions, filling the Shiba Inu community with great excitement.
At the heart of this significant development is the network’s massive increase in daily transaction activity. According to Shibariumscan data, the network saw a daily transaction volume of 202.9 thousand.
The Shiba Inu community has welcomed this success of Shibarium with great enthusiasm and is even more excited about potential future projects and developments. Shiba Inu’s goal is to continue its work to foster more innovation in the crypto world and open the SHIB ecosystem to a wider range of users. This success of Shibarium is considered an important step in achieving these goals.
Moreover, this success shows that Shiba Inu is becoming increasingly widely adopted and beneficial.
Other Shibarium Statistics
Besides the number of transactions, Shibarium has also recorded other notable improvements. Currently, 1.12 million wallet addresses have interacted with the network. Similarly, Shibarium’s block count is approaching 600 thousand. So far, 588,080 blocks have been recorded on Shibarium with an average block time of 5.0 seconds.
It is worth noting that Shibarium managed to achieve these jaw-dropping statistics despite the technical glitches it encountered during its mainnet launch. Once the issues were resolved, the team restarted Shibarium on August 28, 2023. At the time of the restart, Shibarium had recorded only 368,532 transactions and 66,958 addresses.
You can follow the current price movement here.
Source : the crypto basic