Shiba Inu (SHIB): Shibarium Reaches Landmark 4M Transactions

Joshua Ramos
Source: @Shibtoken

As the network has continued to build, the Shiba Inu (SHIB) ecosystem layer-2 blockchain Shibarium has surpassed a landmark 4 million transactions. Alongside the growing number of wallets, the developments point to growing interest across the industry in the network.

The expansion of the network has led to an all-time high in transactions, officially reaching 4,009,983, according to Shibariumscanexplorer. Moreover, greater developments have led to milestones across the board for the network. Subsequently, it reinforces both the achievement of the ecosystem and the overall digital asset market.

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Shibarium Reaches All-Time High in Transactions

For much of the last year, the SHIB Army had anxiously awaited the arrival of Shibarium. Indeed, the network was poised to be a game-changer for the overall meme coin market. Subsequently, in August of this year, the layer-2 blockchain finally arrived. Since then, it has continued to progress and reach massive milestones.

Now, the Shiba Inu (SHIB) ecosystem has seen Shibarium surpass a milestone of 4 million transactions. Indeed, it is already at an all-time high and coincides with a host of impressive figures for the network. Specifically, including figures that show growing interest and embrace of the network since its arrival.

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As of this publication, Shibarium features 1,753,873 total blocs. Moreover, it has showcased an astronomical 1,270,687 wallet addresses in a show of the adoption of the network. Conversely, the Shiba Inu ecosystem has not stopped growing in utility since the arrival of Shiabrium just four months ago.

Alternatively, BONE, which is used as the gas token on Shibarium, is trading at $0.635 according to CoinMarketCap. The overall price is down 2.11% over the last 24 hours, with many hoping for a price turnaround over the next week. Still, the growth of Shibarium should also positively impact the price of the asset overall.