CandleFocus Shibarium Close to Major Block Milestone
2024-11-19
Author: Content Editor
The Shiba Inu ecosystem's layer-2 scaling solution, Shibarium, is approaching the eight million total block milestone. The protocol has experienced linear growth in block transactions over the past year and has surpassed seven million blocks. Shibarium has also seen significant milestones in terms of transaction count, with daily transactions running in the millions. The protocol has over 531 million total transactions and 1,892,071 registered wallets. Shibarium remains one of the fastest layer-2 solutions in the Ethereum ecosystem. While Shiba Inu's price is currently down, it has shown positive growth over the past month. Shibarium's growth and milestones could potentially help reverse the sell-offs of Shiba Inu.
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