Shibarium Surpasses 4M Transactions: A New Milestone for Shiba Inu (SHIB)

• Shibarium Surpasses 4 Million Transactions
• Record-breaking High in Transactions
• Shibarium's Impact on the Meme Coin Market
• Current Statistics
• Shibarium's Key Figures
• BONE's Market Performance

Shibarium Surpasses 4 Million Transactions

The Shiba Inu$0.000010 -2.05% (SHIB) ecosystem's layer-2 blockchain, Shibarium, has recently exceeded a milestone of 4 million transactions. This, along with an increasing number of wallet addresses, indicates a growing interest in the network across the crypto industry.

Record-breaking High in Transactions

The network's growth has led to a record high in transactions, officially reaching 4,009,983, as per Shibariumscanexplorer. This, coupled with broader developments, has led to significant milestones for the network, underlining both the success of the ecosystem and the overall digital asset market.

Shibarium's Impact on the Meme Coin Market

Over the past year, the SHIB Army has been eagerly anticipating the launch of Shibarium, which has been touted as a potentially transformative force in the overall meme coin market. In August 2021, the layer-2 blockchain finally made its debut. Since then, it has continued to evolve, hitting extensive milestones along the way.

Current Statistics

The Shiba Inu (SHIB) ecosystem has watched Shibarium surpass the 4 million transaction mark, setting a new all-time high. This coincides with an array of impressive metrics for the network, specifically statistics that demonstrate a growing interest and acceptance of the network since its launch.

Shibarium's Key Figures

As of now, Shibarium boasts a total of 1,753,873 blocks. Furthermore, it has displayed a remarkable 1,270,687 wallet addresses, indicating widespread network adoption. The Shiba Inu ecosystem has continued to expand in utility since the appearance of Shibarium just four months ago.

BONE's Market Performance

BONE, the gas token used on Shibarium, is currently trading at $0.635 according to data from CoinMarketCap. The overall price has declined 2.11% over the past 24 hours, with many investors hoping for a price rise in the upcoming week. Nonetheless, the growth of Shibarium is expected to have a positive influence on the asset's price overall.

Edited by Jonathan Stoker