CandleFocus 4.77 Million in Daily Transactions: Shibarium Finally Breaks Out
2024-10-25
Author: Content Editor
Shibarium, a hub for decentralized applications and non-fungible tokens, has experienced a significant boost in daily transactions, reaching a new high of 4.77 million. This surge in activity has positioned Shibarium as one of the most utilized layer-2 networks within the Ethereum ecosystem. The cause of this sudden increase in transactions remains unknown, but it could be attributed to the collective actions of developers launching new dApps regularly. The sustainability of this growth is uncertain, but ongoing innovations and the introduction of the SHI stablecoin by Shytoshi Kusama and the core developers may contribute to long-term adoption.
Related News
Ripple Custody to Offer Crypto Exchanges Solutions for Growth Marcello Mari, SingularityDAO's CEO, is set to Grace the Dubai Global Blockchain Show in December Grayscale Bitcoin Mini ETF Bags $15M from Major Investor Tether Faces Federal Criminal Investigation, What's The Reason? Ripple (XRP) Price Shows Weak Recovery Potential Ripple Fights Back On XRP Sales Ruling Amid SEC Appeal Drama X Empire Soars: $100M Market Cap & Rising Flare Launches New Blockchain Node Tool on Google Cloud AI Tokens in Chopping Range: Can FET and AGIX Break Out? What Happens to Bitcoin if BRICS Breaks the Dollar Dominance? Positive or Negative? Circle Internet Financial to go public despite delays Cardano Founder Blasts Kamala Harris For Likening Donald Trump To Hitler Breaking: US DOJ Allegedly Launches Investigation Into Tether Helium Mobile’s parent company cut nearly 40% of staff in August What happens to Bitcoin price if Microsoft shareholders vote to buy BTC? Solana Breakout From Bullish Pattern Could ‘Send SOL To The Moon’ – Crypto Analyst New Statements from Ripple CEO: “For the Next 12 to 18 Months…” Policymakers on privacy: Highlights from the DC Summit Protecting Ted Cruz’s Senate seat is a ‘top priority‘ — Crypto PAC Tether investigation FUD wipes out $1B in open interest with latest market flash crash FINRA says rules still apply in the metaverse Pump.fun Attacker Seeks to Withdraw Guilty Plea as Lawyers Quit Case James Fickel Faces Massive Losses as ETH/BTC Pair Hits Lowest Since 2021 Unsubstantiated Tether investigation report shakes crypto market If Microsoft Invests in Bitcoin It Will Be Likely Via Spot ETFs BREAKING: Coinbase Decides to Delist an Altcoin 4 reasons why Bitcoin price is not trading above $70K Chainlink (LINK) Bulls Return, Setting Stage for Extended Gains Here’s what it took to free Julian Assange — Lugano’s Plan B Forum Daily Gainers: SafeMoon, Chainlink, and Optimism Lead With Big Numbers AI bots turbocharge Solana trading metrics Ark Invest Offloads Tesla Shares Worth Over $20 Million NEIRO Up 11% as Whale Accumulation Boosts Price Against Meme Coin Slump Radiant Capital Loses $52M in Sophisticated DeFi Hack, FBI Joins Recovery Efforts AVAX Price Eyes Major Breakout: Can It Surge 33% to Hit $41? Bitcoin Holders Earn ADA Yields with New Self-Custodial PoS Solution Neuromorphic computing breakthrough could enable blockchain on Mars Crypto Whales Bought These Altcoins in the Fourth Week of October 2024 Breaking: Tether CEO Reacts to Report of US Government Crackdown Just In: Tether CEO Paolo Ardoino Reveals There Are No IPO Plans For Now Solana Telegram Bot Trading Volume Hits a Record $211 Million Bitcoin ETF demand hits 6-month high while futures volumes remain ‘subdued’ Tesla stock price prediction if Kamala Harris wins Presidency Bitcoin Price Poised for Breakout Amid UTXO Stabilization Analyst Sees Major Bullish Wave: Will Celestia Price Surge 100%? DeFi Exploit Losses Decline Sharply in 2024: Report Will Avalanche Price Test New Lows as Bears Dominate? Stablecoins and the dollar: Allies or adversaries in the new financial era? Polymarket CEO emphasizes platform's non-partisan position ahead of election, says it provides 'much needed alternative data' AI-Powered GOAT Coin Breaks All-Time High, Surges 18% in 24 Hours Is Polygon Really Dying? POL Price Hits 2021 Low SUI Price Sees Final Dip Before $3 Rally? Analyst Reveals Key DCA Entry SOL, XRP ETF filings are ‘call options’ on Trump win: Bloomberg analyst Bitcoin whales scoop up BTC like never before as market eyes new highs Ethereum price enters buy zone — Is a revenge rally in the making? Terra Luna Classic Eyes Breakout As 320 Million Tokens Burnt Terra Luna Classic Community Unanimously Passes Major Proposal, LUNC To $1? Price analysis 10/25: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB What to expect at Nishad Singh’s sentencing hearing Wintermute to take Ethena’s USDe as trading margin Crypto data tracking platform Arkham adds support for Solana Ethereum’s Journey to $3,000 Hits MTH Selling Wall, Now Easing Illegal Bitcoin mining costs Malaysian electricity company over $100m Lido lowers the crypto staking threshold to 2.4 ETH per nodes Etherscan releases v2 beta: Unifies API for over 50 blockchains Shiba Inu (SHIB) Network in Question as Massive Shibarium Activity Raises Doubts Does a bitcoin rally to $100K repay El Salvador’s IMF loans? Israel-Hamas conflict creates recruitment challenges for blockchain industry Top Satoshi Candidate Exposes Real Satoshi AI memecoins endorsed by the Truth Terminal chatbot see double-digit price drop MicroStrategy overtakes Microsoft in all-time stock gains as Bitcoin bet pays off Prosecutors expected to offer plea deal to alleged SEC hacker who falsely said Bitcoin ETFs were approved ? Bitcoin Price Plunges Following Report of US Government Probe Into Tether Next phase of the bull run is ‘all about’ Bitcoin, not ETH or memecoins — Analyst Bitcoin price is headed toward $100K — One analyst explains why Farcaster's monthly revenue is down 96% compared to its February peak The ECB is wrong about Bitcoin — It’s central banks that are unfair Polymarket claims no evidence of market manipulation in US election bets, despite slippage issues: analysts Toncoin Price Eyes 90% As Whale Activity Signals Major Market Shift Justin Sun Predicts Second Wave of Growth for Tron Memecoins Wall Street Financial Services Firm Lazard Plans to Create Tokenized Funds with Bitfinex Securities Cardano to Leverage Bitcoin’s $1.33 Trillion Liquidity: Boost for ADA-BTC Ties? BREAKING: US Federal Authorities Investigating Tether ? NYSE May Extend Bitcoin ETFs Trading Hours Amid Growing Demand Base blockchain exploit leads to $1M theft — Cyvers Alerts Polkadot’s Moonbeam Launches Governance Guild Web3 Game Off the Grid Numbers Shine Despite Promotional Drop Massive $1.17 Billion DOGE Seen in 24 Hours, But Key Metric Drops Jupiter Exchange Hits $1.981 Billion Trading Volume in 24-Hour Volume Toncoin Jumps 95% in Large Transactions, What's Next for TON? 'MemeFi' Telegram Game Reveals Airdrop Date Amid Move From Ethereum to Sui Crypto Whale Accumulates $5.9M in WETH: Smart Money or Risky Bet? Why Does Microsoft Need Bitcoin? Anthony Pompliano Reveals Market Expert Predicts When Bitcoin Will Reach Its Top for This Cycle Celestia’s $1B Token Unlock: Will It Trigger a TIA Sell-Off? Solana Dwarfs Ethereum with Record-Breaking REV: Details Lightspark Announces New Bitcoin L2 and Upgraded UMA Capabilities Analyst Presents Bitcoin Whale Pattern That Historically Leads to Bullish Outcomes Is Bitcoin Repeating Previous Bull Cycles? Oasys Collaborates with Miracle Play to Transform Web3 Esports DOGE Price Prediction for October 25 Ethereum Drops to 3-Year Low Against Bitcoin as Analyst Eyes 0.035 BTC Support Golden State Warriors sign crypto deal with Coinbase amid FTX lawsuit Sui Trading Volume Plummets 30% as Traders Take a Wait-and-See Approach Binance Research Report Highlights Spot Crypto ETFs Trend and Domination Snoop Dogg Teams Up with STEPN GO to Elevate Web3 Fitness Perplexity AI predicts Microsoft stock price amid Bitcoin investing proposal Hacker Returns $19.3 Million to Drained US Government Crypto Wallet Tron could flip key price as Justin Sun predicts big moves ahead Tokenized Treasuries Like Blackrock's BUIDL Will Challenge Stablecoins But Won't Fully Replace Them: JPMorgan A chain for every app is the new crypto meta Will Solana’s Bullish Momentum Sustain Amid Selling Pressure? Tokenization growth to depend on use cases, benefits How China's Digital Yuan & BRICS Currency Challenge USD Analyst Warns Solana Could Signal Bearish Shift as Key Levels Are Tested Matrixport Draws Attention to Bitcoin and Gold in Its Weekly Report! Here Are the Details Dogecoin (DOGE) Records First Net Inflow in Days as Market Momentum Builds If I could Invest $1,000 in any Bitcoin ETF, it would be this one Hedera Integrates LayerZero (ZRO) into Its Network Synthetix, A DeFi Protocol For Synthetic Assets, Has Announced The Launch Of Version V3 Q L 2 Arbitrum Blockchain Ethereum Price Analysis: Will ETH Dump to $2.1K After Getting Rejected at $2.7K? Will Cardano Price Hit ATH? Analyst Says "Not the Time to Sell" ADA Flare Introduces Blockchain Machine to Accelerate Node Deployment with Google Cloud Tether’s T-bill custodian mixes crypto with politics Bitcoin Monthly Chart Breakout Signals Potential Bull Rally 35,000 Ethereum (ETH) Mystery Stunned World's Oldest Cryptocurrency Exchange US and Nigeria unite to tackle crypto crime with new liaison group Why These Altcoins Are Trending Today — October 25 Kaia Foundation Partners with CARV for Enhanced Identity Solutions Scroll joins 2024’s L2s in a race to the bottom OpenAI’s Orion: Next-Gen AI Model to Launch on Microsoft Azure by December 2025 Cat-Themed Meme Coin MEW Surges to New Heights, Topping $1 Billion Market Cap Liberland celebrates official launch of Dubai office Plan ₿ Initiative Unveils Satoshi Nakamoto Statue at 3rd Annual Plan ₿ Forum in Lugano WazirX seeks new custodian partner with insurance for funds Is $100,000 Still Possible in Bitcoin? Analysts Said $100,000 Possibility Is Low, Announced Their New Predictions! Polymarket Is Huge Success for Polygon Blockchain – Everywhere But the Bottom Line CEX Giants: Binance, Coinbase, and Bybit Dominate Last Month’s Web Traffic Does Bitcoin Need Cardano? Crypto Community Responds to Fred Krueger Two Traders Spot Imminent Big Move for XRP Based on Bollinger Bands with Potential Explosion of 71,381% Major Japanese companies want to prioritize Bitcoin and Ether for crypto ETFs Santiment Announces Top 10 Altcoins with the Biggest Increase in Developer Activity! The List Includes Two Favorite Altcoins of Turkish Investors! VeChain Price Action: Minor Corrections, Bullish Long-Term VET Trend Unshaken Expert Predicts Timeline for XRP to Stage a Breakout Similar to 2017 and 2021 Solana DEX Raydium Surpasses Ethereum in Fees, RAY Price Hits 7-Month High MEXC’s initial listing sees 2,471% peak surge as GOAT surpasses $800M market cap From $1 to $67,600 per Bitcoin – Max Keiser Boasts 6,800,000% ROI The exchange Bistamp and Robinhood obtain MiFID license Injective May Join Artificial Superintelligence Alliance With Fetch.ai Integration OKX rolls out AI-driven ‘Smart Sync’ for spot markets MicroStrategy Touches New Highs as Trading Volume Relative to Nvidia Surges Chainlink (LINK) Bulls Push Through Critical Resistance How Soon Could XRP Price Hit $100 and $1000? Russian Banks Baulk at Digital Ruble Implementation Costs Long times for Italy's financial maneuver on crypto Insider trading? Trader buys memecoins 'in the same second' of Binance listings LINK and Raydium (RAY) lead altcoins as PENDLE pares gains AI sets XRP price for Halloween 2024 Satoshi-Era Bitcoin Whale Awakens With 169,358,650% Gains Traders Eye Bitcoin’s Cup and Handle Pattern for a Potential Bull Run Binance Unstoppable: Binance Announces It Will List Another Altcoin! – Second Listing in the Same Day! Will Hedera Continue A Downward Trend: Key Levels to Observe Crypto Price Analysis October-25: ETH, XRP, SOL, DOGE, and BNB The Role of Blockchain on B2C and C2C Markets AI Agents Predicted to Handle Over 80% of Blockchain Transaction French Investor Bets $4.48M on Trump Victory via Polymarket 3.4 Trillion Shiba Inu (SHIB) in 7 Days, But It Is Not Enough Bitcoin Adds 297 New Whales in Two Weeks as Holdings Hit ATH PYTH Macro Targets Set for $3.15 and $6 This Bull Cycle, Will PYTH Surge Once Altseason Begins? Crypto Market to See $1.4 Billion in Crypto Unlocks This Week: Impact on Prices? 4.77 Million in Daily Transactions: Shibarium Finally Breaks Out Newly-Qualified Crypto Custodian Balance Aims to Bring ETF Assets Held in the U.S. Back to Canada Cardano Analyst Predicts Long-term ADA Target at $1.8 and Short-term Target at $0.39 XRP Army React As SEC Requests 2025 Deadline to File Its Appeal Brief Against Ripple LUNC Charts Depicts Strong Bullish Indicators That Could Shoot the Price Into Another Massive Uphill Climb Binance “Shills” Shiba Inu: Community Reacts with Excitement and New Demands God candle forms on SAFE chart following Upbit listing, correction ahead? Top Expert Predicts Solana Price if Ethereum Price Hits $10,000 Bitcoin analyst: $100K BTC price by February 'completely within reason' Ex-Ripple Exec Predicts When XRP Can Take Off and ETF Launch Binance Futures Announces Listing of This Altcoin with 75x Leverage! Coinbase's L2 Chain Base Attacked, About $1 Million Lost GRASS Airdrop One Set to Launch on October 28, 2024 Dogecoin Creator Billy Markus Defends Elon Musk, Criticizes Media Hedera Integrates LayerZero Amid Mainnet v0.54 Release Hoskinson Excited as Cardano Taps BitcoinOS to Unlock $1.3T Liquidity A truly decentralized system would decentralize authority — Cardano exec $SAFE Accumulators Surge After 73% Price Jump When Will the Altcoin Rally Begin? Analysts Answered: "If This Price Level Is Exceeded in Bitcoin, The Rally Will Begin!" BOME, MEW, and TURBO Present Lucrative Opportunities for Investors Who Missed Out on PEPE Toncoin (TON) Whale Activity Surges While Prices Go Nowhere Fast XRP Death Cross Might Be Inevitable Now BlackRock’s IBIT now holds over 2% of the BTC circulating supply Ontology Partners with SubQuery to Boost Web3 Development with Data Indexing CHART: It’s been 262 days since Solana’s last major outage Moo Deng (MOODENG) Skyrockets 85% Minutes After Binance Futures Announce Listing Countdown to Riches: Will Dogecoin Price Repeat History in 43 Days? Solana's Anatoly Yakovenko Wants To Build Ethereum-Like Execution Layer With “Bitcoin Rights” Bill Passed, Coinbase’s Armstrong Endorses David McCormick for Pennsylvania Senate Bitcoin nears $69K mark amid strong ETF inflows and short liquidations Cardano Founder Reacts as Cardano Prepares to Welcome First-Ever True Permissionless L2 Dogecoin (DOGE) Poised for Another Rise: Can Bulls Drive Higher? SAFE, UNFI, and BZZ Lead the Daily Gainers Pack as Bulls Dominate Bitcoin Exchange OKX Announces It Will List a New Memecoin on Its Platform! Metaplanet Adopts MicroStrategy’s Bitcoin Metric to Boost Shareholder Transparency SHIB Burns Skyrocket 65,529%, Here's How Much SHIB Set on Fire Polymarket Trader Betting on Donald Trump Win Ends Up Getting 99% Odds The Popular $100K Year-End Goal for Bitcoin Has Less Than 10% Probability in Options Market XRP Price Faces Ongoing Struggles: Will a Turnaround Happen? Ripple CEO Confirms IPO Not a High Priority but Provides New Timeline for Potential Offering Analyst Predicts XRP Price if Bitcoin Hits $200K, Citing XRP/BTC Ratio Homeowner lawsuit over $170K crypto theft rejected on appeal Improbable, the Company Building Yuga Labs’ Otherside, to Launch Somnia Blockchain DevNet Phase Bitcoin To Hit New All-Time High Before the End of the Year, Says Analyst Kevin Svenson – Here’s His Outlook XRP climbs as new tokens issued on Ripple’s XRP Ledger hit a new all-time high Bitcoin Price Eyes Further Gains: Can It Keep Climbing? Too early to say Ethereum L2s are ‘cannibalistic’ to revenue: Sygnum Bank Optimism, Avalanche Lead Surge in Crypto Development Activity BNB Price Analysis: Breakout Imminent? Volatility Expected in December Analyst Says Chainlink Price Set For ‘Quadruple Digit’ Breakout After Sibos 2024 Ethereum Price Battles Resistance: Will It Break Through and Resume Its Rise? Market Awaits Impact of Over $5 Billion in Expiring Bitcoin, Ethereum Options Ethereum Classic: Significant Growth Expected By 2026 No Tax On... Anything? How Bitcoin Could Respond If Income Tax Eliminated Thailand crypto market is shifting away from retail: Binance Thailand CEO Sygnum Launches New Office in Lugano to Support Bitcoin Community US Election Could Drive Bitcoin Price – Here’s the Analyst’s Expected Movement Trader “stupidmoney.sol” Nets Massive Gain on $GOAT, But Misses Out on Even Bigger Profits Netherlands seeks input on crypto tax monitoring laws to align with EU Thailand crypto market is shifting away from retail: Binance Thailand CEO Bitcoin 2024 Forecast: Experts Split on $125K Bullish or $40K Bearish BTC Outlook MASA Token Consolidates as Market Awaits Reversal John Deaton Blasts SEC; To Be Amicus Counsel in SEC vs Ripple Telegram-Linked Notcoin (NOT) May Revisit Its All-Time Low Rotation out of ETH into SOL causes another surge in bearishness Aave Among the Top 10 Coins by LunarCrush Galaxy Score Solana (SOL) Could Be Ready for $200, Third Dogecoin (DOGE) Price Drive to Cause 30% Surge? Has New Ethereum (ETH) Bull Run Just Formed? Solana Price Prediction: Will SOL Break the $200 Mark? TeraWulf stock tumbles 7% amid $425 million convertible notes announcement This Is What Bitcoin (BTC) Price Needs to Hit a New All-Time High Ripple escalates legal battle with SEC, filing new appeal in XRP lawsuit Bittensor (TAO) Price Consolidates as Return to $700 Is Delayed Ethereum Market Cools Down Amid Declining Whale Activity Cardano Network Integrates Into Bitcoin, What This Means? ? Breaking News: In Its Filing with the SEC, Microsoft Reportedly Discussed a Proposal for a “Bitcoin Investing Assessment” – But There’s a Detail to... Solana’s Bullish Flag About to Hit $180—How the Pennant Pattern Could Push It Higher