CandleFocus

Shiba Inu (SHIB) Ecosystem Stunned as 24-Hour Shibarium Fees Jump Over 2,190%

The total volume of BONE tokens collected as transaction fees on the Shibarium network has increased by 2,190% in the last 24 hours, according to Shibariumscan. Shibarium is a decentralized blockchain built on top of the Ethereum Virtual Machine, and it uses BONE tokens as gas payment. The increase in commissions collected is due to a rise in network activity, with the number of daily transactions increasing from 6,209 to 8,025. This increase in network usage has led to higher gas fees and an increase in the amount of BONE tokens collected. Whether this is a short-term occurrence or the start of a trend remains to be seen.

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