Shiba Inu’s Shibarium Hits Major Milestone
In a recent development, Shiba Inu has announced a significant achievement for its layer-2 solution, Shibarium. The official SHIB X handle revealed that Shibarium’s transaction count has soared to an impressive 300 million.
Rapid Growth of Shibarium
Shibarium, developed on the Ethereum blockchain, aims to mitigate high transaction fees within the Shiba ecosystem. Launched in August 2023, Shibarium has quickly amassed over 300 million transactions, indicating its rapid adoption and success.
Current Stats and Future Prospects
The Shibariumscan explorer shows a total of 304,302,131 transactions, with 1,343,792 wallet addresses and 2,789,983 blocks. Shibarium is not just a scaling solution; it’s a platform fostering innovation, hosting dApps like Shib: The Metaverse and Shiba Eternity.
SHIB Burning and Community Expectations
Lucie, a member of the SHIB team, expressed high hopes for Shibarium’s future. The Shibdream NFT collection recently burned 100 million SHIB, contributing to the positive trend in SHIB’s burn rate and potential price rally.
Disclaimer This article is for informational purposes and not financial advice. Opinions expressed are the author’s and do not reflect Kryptowale’s stance. Readers should conduct thorough research before making investment decisions. Kryptowale bears no responsibility for financial losses.
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