Shiba Inu’s Layer-2 solution, Shibarium, has travelled a remarkable path that has lasted just under a month since its complete introduction and is now inching closer to a significant accomplishment. The blockchain is currently less than 100,000 transactions away from accomplishing a noteworthy achievement – 3 million completed transactions, according to statistics obtained by Shibariumscan.
Even more amazing is the fact that Shibarium has already witnessed 3.112 million transactions travel through its network, demonstrating the astronomical success it has attained since its launch in late August. The SHIB blockchain is expected to achieve this milestone during the next week, with an average of around 18,000 daily transactions.
This success demonstrates the project’s strength, which has endured its fair share of setbacks. The thriving Shiba Inu community, a pillar of this well-known crypto project, is without a doubt a significant contributor to this accomplishment.
Shibarium now has a total value locked (TVL) of little under $650,000, which reflects the faith and backing it has garnered. Nearly 900,000 blocks have already been created, and there are now an amazing 1.251 million addresses on the network. A growing ecosystem is also present in Shibarium, with 10,629 contracts now active on the network.
The approaching milestone represents Shibarium’s tenacity as well as its potential for further expansion and adoption. Follow along as this amazing adventure takes shape and Shibarium gets closer to achieving its next historic feat.
