Shiba Inu (SHIB), the second-largest dog-themed cryptocurrency, has recently achieved two significant milestones that are garnering attention within the crypto community. With its groundbreaking blockchain project, Shibarium, Shiba Inu is revolutionizing the way users interact with its ecosystem. Let’s dive into the details and explore these exciting developments.
Shiba Inu has shattered expectations by reaching a new record in the total number of addresses associated with its cryptocurrency SHIB.
Data provided by IntoTheBlock reveals a consistent growth pattern in the number of addresses, which has now surged to an impressive 3.56 million. This accomplishment demonstrates the increasing popularity and adoption of Shiba Inu among crypto enthusiasts.
Read Also: Shiba Inu Lead Developer Appreciates Cardano Creator Hoskinson On Shibarium Launch
The recently launched Shibarium blockchain is undeniably attracting a wave of new users eager to engage with the innovative Shiba Inu ecosystem. A remarkable surge in new addresses was witnessed on August 24th, with over 2,000 addresses added in a single day.
Lucie, a valued member of the Shiba Inu team, shared an update revealing that Shibarium has officially gone live, albeit in private mode. Already, a few integrations have taken place, with DEXTools, a prominent DeFi trading app, announcing its support for the new blockchain. This integration enables seamless trading of Shibarium tokens, opening up exciting opportunities for users.
The growth and progress of Shibarium are evident, as the Layer 2 blockchain network achieves an impressive milestone of transactions, according to Shibariumscan, a Shibarium explorer.
Moreover, the number of interacting wallet addresses on the Layer 2 blockchain has also witnessed significant growth, currently standing at addresses.
Continuing its trajectory of success, Shibarium has surpassed yet another milestone with the total number of blocks on its mainnet surpassing 300,000. At press time, the number of blocks produced stands at , with an impressive average block time of just five seconds. This accomplishment serves as a testament to the protocol’s scalability and stability.
Read Also: Shiba Inu Lead Developer Sends a Teaser Towards Shibarium Launch, 3 More Partnerships
In conclusion, Shiba Inu and its revolutionary blockchain project, Shibarium, have made waves in the crypto world by reaching these development milestones. With a soaring number of addresses and successful integrations, Shiba Inu’s ecosystem is certainly thriving.
As Shibarium continues to facilitate a high volume of transactions and consistently produce new blocks, it establishes itself as a reliable and advanced Layer 2 blockchain network. Exciting times lie ahead for Shibarium and the ever-expanding Shiba Inu ecosystem.
Follow us on Twitter, Facebook, Telegram, and Google News
Ethereum, Solana, and Avalanche have had their run. These established players have dominated the crypto…
The Shiba Inu lead developer, Shytoshi Kusama, recently took to X to express his satisfaction…
In the ever-evolving world of cryptocurrencies, Near Protocol and Polkadot have exhibited remarkable metrics and…
Forbes recently published an article predicting that a sudden $6 trillion Fed inflation will unleash…
In the ever-evolving landscape of cryptocurrency, emerging tokens often captivate the attention of investors with…
While recent court decisions haven't directly impacted XRP's price, a cloud of uncertainty hangs over…