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Home Crypto News

Shibarium Records Over 1.7 Million Daily Transactions, Showcasing Impressive Growth

Rida Sarwar by Rida Sarwar
September 10, 2023 - Updated on September 11, 2023
in Crypto News
Reading Time: 2 mins read
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Shibarium Records Over 17 Million Daily Transactions Showcasing Impressive Growth

Shibarium records over 17 million

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Key Takeaways

  • Shibarium’s recent achievements include a record-breaking 1,728,583 daily transactions and 555,515 mined blocks.
  • Despite the blockchain’s success, SHIB token’s price remains at $0.000007405, down 3.02%.
  • The Shiba Inu community remains optimistic, anticipating positive impacts from Shibarium’s success.

Despite the hurdles that Shibarium faced previously, the developers have now taken a new turn, and the Layer-2 blockchain solution is boasting new milestones. The Shiba Inu Developers have achieved a higher number in terms of transaction numbers and SHIB coin burns in the past few days. Let’s take a look at the impressive growth attained. 

The Numbers 

In the last few days, Shibarium’s transaction count has managed to reach a new high. With a staggering 1,728,583 daily transactions and 555,515 blocks mined, the Shiba INU developers have indeed done a great job. As per the numbers shown by Shibariumscan, the stars are looking up for the blockchain. The current level of connected wallet addresses is 1,123,350. However, an increase can be expected. 

SHIB Price

Despite the staggering development of the meme coin’s Layer 2 chain, Shibarium, the price of the SHIB token has not seen any increase yet. The market cap for the token is down 3.02%, with the current value of $0.000007405. 

All in all, despite SHIB’s current price and its position in the bearish state, it is expected that there will be some positive influence given the sentiments of the Shiba INU community due to the success of Shibarium. 

Source

Shibariumscan

Tags: Crypto Market NewsShiba Inu News
Rida Sarwar

Rida Sarwar

Rida Sarwar, a seasoned journalist with a knack for the new-age financial landscape. With 5+ years under her belt, Rida has an extensive background in Crypto, Fintech, and Blockchain journalism. Her analytical skills, coupled with her passion for decrypting complex tech phenomena, make her a reliable source for insightful, well-researched narratives. Guiding the uninitiated through the maze of the digital finance world, one article at a time. 📚💻🌐🚀

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