The Shiba Inu layer 2 protocol, Shibarium, is set to reach a new milestone with a total recorded transaction count of 480 million. The protocol has seen sustained adoption in recent weeks, with an average daily transaction count of four million. The price of the Shiba Inu token (SHIB) has been steadily growing and is currently up 1.49% in the past 24 hours. The hype around SHIB has driven more users to Shibarium, and if the resistance level at $0.00002 is broken, the price and transaction milestone could increase significantly. Shibarium has already achieved major milestones in the past year and has the potential for further growth, particularly in terms of total value locked (TVL). The current TVL is $4.48 million, indicating that the true value of the transactions is not yet fully captured.
- Content Editor ( u.today )
- 2024-11-08
Shibarium to Hit Fresh Transaction Milestone in Hours