Shibarium of Shiba Inu Hits 90 Million Transaction Milestone

• Shiba Inu's Shibarium Network Surpasses 90 Million Transactions
• Increased Wallet Addresses and Total Blocks
• Daily Transactions and Market Volatility
• The Anticipation of a New Announcement
• The Implication of the 90 Million Transaction Milestone

Shiba Inu's Shibarium Network Surpasses 90 Million Transactions

The renowned meme-coin, Shiba Inu$0.000010 -2.05%, has achieved yet another significant feat, reaching 90 million total transactions on its Shibarium network. Recent weeks have seen a steep surge in the network's transactions. According to data from Shibariumscan.io, the total transactions presently stand at 92,638,385.

Increased Wallet Addresses and Total Blocks

Alongside the rise in transactions, the number of Shiba Inu wallet addresses has improved, now totaling 1,304,953. Moreover, Shibarium has processed more than two million total blocks, pushing the overall count to 2,074,948.

Daily Transactions and Market Volatility

In the past 24 hours, Shibarium recorded 7.84 million daily transactions. This performance is in line with the network's average of 7.5 million daily transactions over the previous week. A Changelly analysis suggests a volatility-filled week for Shiba Inu, with substantial market shifts and price fluctuations anticipated for the SHIB token.

The Anticipation of a New Announcement

Speculation is rife about an impending announcement from Shytoshi Kusama$49.4 -1.55%, Shiba Inu's pseudonymous leader, hinting at a possible shift in Shibarium's future. Adding to the unpredictability, Shiba Inu burned over $75,000 worth of SHIB tokens using a part of Shibarium's fees last week, which has made the SHIB's price highly volatile.

The Implication of the 90 Million Transaction Milestone

The 90 million transaction milestone for Shibarium is significant. However, users are eagerly awaiting Kusama's announcement to gain more clarity about the meme coin's future and the evolution of its Layer 2 blockchain network.

Edited by Jonathan Stoker