In another significant milestone for the leading meme-coin, Shiba Inu has reached 90 million total transactions on its Shibarium network. The network’s transactions skyrocketed in recent weeks, and according to Shibariumscan.io, total transactions have reached 92,638,385.
Additionally, Shiba Inu wallet addresses have also increased to 1,304,953. Shibarium has processed over two million total blocks, bringing the total to 2,074,948.
Furthermore, Shibarium had 7.84 million daily transactions in the last 24 hours. The network has consistently maintained an average of 7.5 million daily transactions over the past week.
Analysis from Changelly indicates that Shiba Inu is set for a week marked by volatility. Much market shift and price fluctuation is expected for SHIB. In addition, some users are speculating that a new announcement coming from Shytoshi Kusama, the pseudonymous leader of Shiba Inu, will indicate a shift in Shibarium.
Following Shiba Inu’s burn of over $75,000 worth of SHIB tokens utilizing a portion of Shibarium fees last week, the price of SHIB is very unpredictable. While the 90 million transaction milestone for Shibarium is a big one, users are waiting for Kusama’s announcement to further understand the near future for the meme coin and its Layer 2 blockchain network.