When attempting to browse the new website that displays the status of Shibarium’s transactions, blocks, and other items, one is now met with a blank screen and the error message “default backend – 404” in the top left corner of the screen.
U.Today stated on Friday that shibariumscan.io was under intense utility demand, which caused the number of transactions to reach 700,000 and the number of blocks to rise above around 409,000.
More than 692,860 user wallets were linked. These heights were attained during Shibarium’s Monday restart, which was made possible by a number of teams, including SHIB, Polygon, Unification, and others. Along with the number of connected wallets, the number of transactions began to increase by hundreds of thousands per day.
Now, Shytoshi Kusama and the SHIB team are striving to restart Shibariumscan.
August SHIB burns surpass July’s by 2x thanks to Shibarium
The Shibburn Explorer tweeted on Friday to let people know that August was a lot richer for SHIB burns than July. As opposed to the 2 billion Shiba Inu tokens that were burnt in July, over 6 billion SHIB were locked in inactive wallets in August.
Shiba Inu’s Layer-2 solution was introduced in the middle of August, and since then, every transaction has been adding to SHIB burning. The dev team reserves a portion of the gas charge, which is paid in BONE tokens, to be converted into SHIB and burnt later, after it surpasses a certain minimum.
SHIB price has increased by 1.30% as of the time of this writing and is trading at $0.00000790. This was a modest comeback following the 7.20 percent price drop that occurred between August 29 and September 1.
