There is a lot of pressure on Shiba Inu’s Layer-2 protocol, Shibarium, to have an instant influence on the meme coin ecosystem in terms of possible adoption. The entire daily transaction count for the L2 protocol increased dramatically from 9,230 on November 11 to 10,880 today, according to data from Shibarium Scan.
The average block time has increased significantly from the typical 5.0 to 5.1 seconds to 7.7 seconds, which is one trend that can be seen in this milestone. This indicates that the TPS is expected to skyrocket as more transactions are registered on Shibarium, a behaviour that might significantly affect its capacity for scalability.
Shibarium’s emergence as a Layer-2 platform was predicated on its ability to improve Ethereum’s usability as a hub for decentralised finance (DeFi). Although there is still a barrier to overcome, its revival has showed enough potential despite its first effort being chaotic due to network congestion.
The adaptability of the TPS must be improved by the Shibarium developers in order for it to reach its full potential and stop spiking erratically with every increase in the number of daily transactions. Shibarium needs to be built such that when the network demand is more than it is used to, either its TPS remains constant or drops to a lesser value.
Shibarium milestones in the spotlight
Despite its challenges, Shibarium has demonstrated promise, as seen by the significant achievements it has made since its founding.
The system has tracked 3,904,747 transactions in total, and more than 1.62 million blocks have been generated. With a vast number of dApps predicted to come alive on Shibarium shortly, it is surprising that a relative newcomer in a non-infrastructure segment can pull off this volume, pointing to a better future for Shiba Inu and its ecosystem.
Shytoshi Kusama, the mysterious community leader, has informed everyone that SHIB is prepared for the next bull run and has pledged an amazing rollout of improvements.
