Saturday, April 13, 2024
HomeBlockchainShibarium Testnet Records Over 100,000 New Wallets in a Day, Crosses 200,000...

Shibarium Testnet Records Over 100,000 New Wallets in a Day, Crosses 200,000 Total Wallets & 1M Transactions

Just one week after its Beta Testnet (Puppynet) launch, Shibarium sees stunning interest from validator node operators and massive adoption from users.

According to data extracted by Times Tabloid from the Shibarium-built blockchain explorer dubbed Puppyscan, the beta testnet of the Shiba Inu layer-2 network has reached new milestones in terms of the number of wallet addresses and total transactions. 

Whale Alert

In particular, more than 100,000 wallet addresses have been created on Puppynet in less than 24 hours alone. As of March 30, Puppyscan recorded 100,122 wallets on the Shiba Inu layer-2 network Shibarium. But today, the wallet count is more than double, standing at 202,137 at press time.

This shows an increase of over 100% within 24 hours, indicating a widespread adoption of the first-ever Shiba Inu scaling solution. Accordingly, the number of total transactions on Puppynet has increased dramatically. From its Beta testnet’s launch date till the time of writing, total transactions recorded on Puppynet stand at 1,076,331 and counting. 

On the other hand, the total number of blocks added to the Shiba Inu layer-2 network is 177,368 with an average block height of 7.7 at the time of writing. So far, the highest daily transaction count on Shibarium Beta Testnet was recorded on March 28 with 144,458 transactions being completed. Today, 9,530 transactions have been completed on PuppyNet at press time. 

PuppyNet records all these milestones amid the large-scale FUD that was thrown at the project weeks back. Recall that the Shibarium Beta Testnet was claimed to be a clone of a project called Rinia Network given that both shared the same Chain ID at the time.

As published, Shibarium’s development team debunked these claims and later changed PuppyNet’s Chain ID to a unique code. Also, a recent report showed that 500 validators have applied to be given a slot out of the available 100 to run blockchain nodes on the Shibarium mainnet network when it is finally launched.


Follow us on Twitter, Facebook, Telegram, and Google News

Ndianabasi Tom
Ndianabasi Tom
Ndianabasi Tom joined the crypto and blockchain industry in late 2018. He is an all-rounded crypto journalist and content writer. At TimesTabloid, he covers the industry's latest news, developments, and other educational content. He is a graduate of Petroleum Engineering.

Latest News & Articles