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Shibarium is nearing 6 million total blocks, with current block production at 5,929,347. The Shibarium network has recently integrated with ShibaSwap, improving transaction speed and user experience. Shibarium is approaching a significant milestone, aiming to reach 6 million total blocks. Currently, the Ethereum layer-2 network has generated 5,949,492 blocks, marking a new phase in its development journey according to shibariumscan. This achievement highlights Shibarium’s growing stability and utility within the cryptocurrency community. Shibarium was introduced in August of the previous year and there were doubts about the platform’s success. The network faced a critical technical problem a few days after its launch which made it cease all operations for some time. However, the Shibarium project did not have a smooth launch as the network suffered from low activity and low demand after the initial launch. After solving the initial problems Shibarium has been operating smoothly, and the platform can handle around seven million transactions daily without crashes. This consistent block production reflects the growing adoption of the protocol by its users.  ShibaSwap Integration Enhances User Experience Shibarium has recently experienced a boost due to its connection with ShibaSwap. This integration has made the on-chain transactions faster and easier for users, hence improving the user experience.  The excitement around Shibarium reaching the six-million-block milestone has boosted the morale among the community. While the exact timeline for achieving this milestone is still unknown, the network’s steady performance and growing usage show potential.  Shiba Inu (SHIB) has faced a challenging week, underperforming compared to other major cryptocurrencies. Over the past seven days, SHIB has experienced a significant decline of 6.14%. In the last 24 hours alone, the token has fallen by an additional 5.47%, trading at $0.00001632. Despite the recent downturn, SHIB retains a substantial market cap of approximately $9.26 billion, positioning it…

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Filed under: News - @ July 26, 2024 9:20 am