Shiba Inu's BONE cryptocurrency has been experiencing a surge in large transactions over the past 24 hours. Data from IntotheBlock shows the total number of large BONE transactions has increased by more than 200%, from 119,360 to 377,960. In terms of USD value, the number has risen from $127,820 to $402,150. This uptrend in large transactions comes shortly after a previous gain, which marks continued growth in relevance for the meme token.

Parallel to this, Shibarium's development continues to yield significant progresses. Testnet Puppynet is currently reaching its prime; data from miner stats points to an average block time of 8.3 seconds, more than 1 million total transactions and 300,041 total blocks. All of this has resulted in a raise in wallet addresses to 151,164. It is important to note, however, that the figures referenced may not be completely reliable due to the testnet nature of Shibarium.

In any case, the considerable large transactions and the ongoing advances in Shibarium's design point towards a positive evolution for both Shiba Inu's BONE and the wider project ecosystem. Crypto followers are likely to be keeping close tabs on BONE in the upcoming weeks and months to observe how the progress of Shibarium and the elevated Interest by investors will transform the value and frequency of BONE in the field.



Other News from Today