Image default
CryptoNewsFeaturedShiba Inu SHIB

Shibarium Reaches a New Milestone: More Than 4 Million Transactions

Shibarium, the Layer 2 blockchain network created by the developers of the Shiba Inu (SHIB) cryptocurrency ecosystem, has reached a significant milestone since its launch on August 16.

This platform has generated great interest, reflected in its recent achievement: exceeding 4 million transactions, marking a new record for the network.

Since its inception, Shibarium has seen continuous growth in its user base. It currently has approximately 1,270,675 wallets, representing an average daily increase of 13,099 new addresses since its creation.

This Growth is a Clear Indicator of the Increase in Activity within the Network in Shibarium

The BONE token, considered the “gateway to Shibarium,” has experienced fluctuations in value. 

BONE is a token associated with the Shiba Inu (SHIB) cryptocurrency ecosystem and is considered the “passport to Shibarium”, the layer 2 blockchain network developed by the creators of SHIB.

This token plays a fundamental role on the platform, acting as an essential component to participate in certain functions within Shibarium.

At the time of this information, it is trading at $0.64, with a decrease of -3.17% on the day, a decrease of -5.11% in the last week and a decrease of -10.21% in the last 30 days.

Shibarium- Advances and Challenges in your Career with BONE and SHIB

These changes show the volatility associated with cryptocurrencies in the financial markets.

On the other hand, SHIB, Shibarium’s base cryptocurrency, is trading at $0.0000084. In the last 24 hours, it has seen a -3.48% decline, with a -2.71% loss in the past week.

However, its monthly chart shows an increase of 18.71%, reflecting the variability in its performance on different time frames.

In addition to these achievements, Shibarium has introduced a new feature called “Donate”, which allows users to provide financial support to non-profit validators.

These validators play a crucial role in the security and efficiency of the network, and this feature reinforces the platform’s commitment to decentralization and strengthening its ecosystem.

Importantly, although the BONE smart contract is still under the supervision of the development team led by Kusama, it is intended to transfer this control to the community at some point, underscoring Shibarium’s commitment to decentralization in the future. future.

Related posts

Bitcoin Mining Thrives in July with Rising Hashrate and Profits

jose

FTX Claims to Have Secured Assets Valued at $5B

Godfrey Benjamin

Twitter Integrates BTC and ETH Price Indexes into its Search Function

Godfrey Benjamin

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More