Shibarium, an Ethereum-based Layer-2 scaling solution, is experiencing growing adoption and is showing signs of hitting major milestones. The daily transaction count has returned to peak levels of 4.78 million, indicating increased usage of the protocol. Shibarium has already achieved milestones such as crossing the 670 million transaction mark in just 18 months since its launch. The total transactions currently stand at 740,151,335 and could reach 750 million in about three days. The protocol is also thriving in terms of block production and wallet addresses, with 2,064,588 addresses hosted on the network. This adoption of Shibarium is benefiting the price of the Shiba Inu (SHIB) token, which has seen a 6.95% increase to $0.00002239.



Other News from Today