Shiba Inu’s Shibarium on Verge of 1 Billion Transactions; What’s Left?
The post Shiba Inu’s Shibarium on Verge of 1 Billion Transactions; What’s Left? appeared on BitcoinEthereumNews.com.
Shiba Inu’s Layer-2 blockchain, Shibarium, is approaching a major milestone, nearing 1 billion total transactions. According to ShibariumScan, the Shibarium network has processed 992,561,156 transactions, leaving only about 8 million more to reach the 1 billion mark. The recent increase in daily transactions has accelerated Shibarium’s progress toward this landmark. In the last 24 hours alone, transactions surged to 3.84 million, signaling increased network usage and engagement. Other Shibarium measures are also reporting growth. According to ShibariumScan, total blocks have surpassed 10 million, with the latest count at 10,188,747 and total addresses at 191,626,796. Related Shibarium is expected to undergo a variety of advancements, including its expansion into a roll-up hub, allowing developers to deploy custom Layer-3 rollups directly on it. Shibarium: Expanding Into a Rollup Hub 🟡 Developers will be able to deploy custom Layer 3 rollups directly on Shibarium 🟡 Each rollup settles its transactions on Shibarium and uses $BONE as gas 🟡 This expands BONE’s role from a utility token to a foundational asset for new… pic.twitter.com/T4pSOoxL0n — Shibarium Updates 📢 (@Shibizens) March 29, 2025 Each rollup will settle its transactions on Shibarium and use BONE as gas. This expands BONE’s role from a utility token to a foundational asset for new chains. Shibarium will also function as a data availability layer, storing and reliably serving rollup data. This architecture enables multiple chains to operate in parallel while staying connected. However, the long-term vision remains a modular, interoperable ecosystem where Shibarium acts as both execution and data backbone. With momentum growing, all eyes are on Shibarium as it gears up to hit the 1 billion transaction milestone, cementing its position as a key player in the Shiba Inu ecosystem. SHIB’s latest price action Shiba Inu (SHIB) price reversed course after five days of advances, with the token…
Filed under: News - @ March 29, 2025 7:43 pm