Shiba Inu’s Shibarium Reaches a Major Milestone
The post Shiba Inu’s Shibarium Reaches a Major Milestone appeared on BitcoinEthereumNews.com.
TL;DR Shibarium has surpassed one billion total transactions, drawing praise from key team members for the community’s contribution. The milestone coincides with SHIB’s resurgence, whose price has spiked by more than 5% on a daily scale. The Huge Achievement While Shibarium (Shiba Inu’s layer-2 scaling solution) stalled its activity at the beginning of March, it witnessed a significant revival lately. In the last several days, the processed daily transactions were in the millions, thus boosting the number of total transactions beyond the milestone of one billion. Prominent Shiba Inu team members noted the achievement, expressing gratitude to everyone who contributed. LUCIE – Shibarium’s marketing strategist – was among those: A huge shoutout to our incredible devs, all the amazing Shibarium builders, and a special BIG shoutout to @woofswap! Your contribution to this milestone has been massive, and your daily dedication is truly unmatched. We see you—and we appreciate you! pic.twitter.com/0ktkhdzQOj — (@LucieSHIB) March 31, 2025 Shibarium is specifically designed to enhance the Shiba Inu ecosystem. It aims to improve transaction speed and costs, expand utility, and incorporate a token-burning mechanism. As such, some industry participants believe the protocol’s further development could have a positive influence on the SHIB price. Earlier this year, the popular Bitcoin advocate Jeremie Davinci envisioned a remarkable rally for Shiba Inu if Shibarium’s adoption picks up: “I like Shiba Inu, as you know, and I think it will do relatively well in this cycle, but it may not go as high as you expect. I think Shiba Inu has a lot of utility now that they have Shibarium, and basically, it’s a chain that you can actually run all kinds of applications. However, nobody is using it, and there are no applications for using your tokens on Shibarium yet. If they get that solved, Shiba Inu will go…
Filed under: News - @ April 1, 2025 10:29 am