Shiba Inu: Shibarium Adding More Than 36,000 Wallets Per Day

Joshua Ramos
Source: Crypto Valley Journal

With the arrival of the Shiba Inu (SHIB) Layer 2 protocol, Shibarium has added an astronomical 36,000 wallets per day since its launch. Indeed, the new blockchain from the SHIB developers has brought about an influx of new users. Moreover, not only have new addresses increased, but so has the number of transactions.

Since the inception of Shibarium, 1,246,666 crypto wallets have been added. Indeed, this means that the protocol is welcoming 36,667 new addresses per 24 hours, according to data from ShibariumScan as of September.

Shiba Inu SHIB Rocket

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Shibarium Drives New Wallets to SHIB Ecosystem

Shiba Inu has long been among the most popular meme coin options on the market. Yet, like many similar concepts, the project has sought to expand its utility. Moreover, that has been done with the highly anticipated arrival of the layer 2 protocol, Shibarium.

Now, taking a look at the data since its launch, just how much has the new blockchain aided the ecosystem? The answer is immense, as Shiba Inu has seen Shibarium welcome more than 36,000 new wallets per day. Subsequently, it has facilitated a massive 1,246,666 new wallets since its launch.

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Additionally, the number of transactions on the blockchain has only continued to expand and increase. Specifically, that figure has neared 3 million, with it growing by more than 500,000 over the course of the week. On a per-day basis, Shibarium is averaging 85,611 transactions. 

Shibarium saw its long-awaited launch in August, to immense excitement from the community. However, it was difficult to navigate the massive influx of traffic. Therefore, it required a restart shortly after the initial launch. However, it does seem to be making good on its potential to grow the ecosystem immensely.