Shibarium, a ground-breaking blockchain invention from Shiba Inu, is experiencing a spike in user activity and is making ripples in the world of digital assets. Shiba Inu network user activity and the number of new users have increased dramatically recently, according to statistics from Shibariumscan.
The increase is nothing short of astonishing when seen quantitatively. The number of active Shibarium accounts has increased by an astounding 55.35% during the last week, with an average of 783 new accounts being added per day. The growth in the number of new accounts being created, which has exploded to 93 a day and is presently at 116, representing an astounding 222.22% increase since the beginning of the week, is even more stunning. The total number of Shibarium accounts is currently a significant 26,920, according to these figures.
The fact that this spike in activity is directly related to an increase in transaction costs inside Shibarium is not any less significant. Due to the increasing number of active users, these transaction fees, which are paid in BONE—a crucial token of the Shiba Inu ecosystem—have witnessed a noticeable increase.
Good job, Shibarium
Shibarium, which was just officially introduced in August of last year, has succeeded quite well and has excellent numbers. More than three million transactions have been successfully completed on the blockchain, and more than one million blocks have been generated. The network currently has a mighty 1.254 million participant addresses.
Shiba Inu aficionados are closely monitoring how the development of the blockchain will effect the Shiba Inu ecosystem and the prices of SHIB, BONE, and other connected tokens as Shibarium gains traction.
