In an astonishing display of growth, Shiba Inu’s Layer-2 scalability platform, Shibarium, has exceeded expectations by amassing over 1 million wallet addresses within a mere month since its relaunch on August 24.
Despite initial hiccups, Shibarium has been adding an impressive 36,667 new wallet addresses daily. This milestone reflects a growing interest in Shiba Inu’s ecosystem.
Shibarium is also on the cusp of reaching 3 million total transactions, with an impressive tally of 2,944,672 transactions to date.
Notably, it has experienced an astounding 633% surge in newly verified contracts this week, reaching an all-time high of 415 verified contracts.The network maintains an average block time of 191.385 seconds, with a total of 2.676 million completed transactions, underscoring its efficiency.
Shiba Inu’s marketing strategist, Lucie, emphasized the importance of users moving their assets to Shibarium, highlighting its role in token burns and the risks associated with centralized exchanges.
Lucie stressed that Shibarium conducts token burns for every transaction, reinforcing the community’s responsibility to migrate from exchanges to Shibarium.
With the current SHIB price trading at $0.000007449 and technical indicators suggesting a potential 15% price rally by month-end, Shibarium’s rapid growth continues to captivate the crypto world. Investors and enthusiasts alike are keeping a close eye on this promising Layer-2 platform.
