Shiba Inu’s most popular Layer 2 solution calculates a staggering 300% rise in 24 hours.
In an astounding turn of events, Shiba Inu’s Shibarium tripled in size in 24 hours. The anticipated network has shown impressive growth, reviving its popularity.
The explorer reports that the Shibarium network has grown exponentially from 100,000 addresses recorded yesterday to 300,000. This incredible threefold expansion in one day shows the network’s explosive rise and passion.
Beyond the remarkable address count, the network’s transaction activity is soaring. The Shiba Inu network has seen a steady increase in transactions, reaching 520,000. Node validators, who process blocks, have executed 370,000 blocks in a few days at an average speed of five seconds.
This dynamic environment has seen the emergence of Unification, the pioneering blockchain start-up that built Shibarium. Unification has launched its node, allowing Shiba Inu network participants to stake BONE tokens.
Shibarium and the Shiba Inu ecosystem have survived initial challenges and grown exponentially. The SHIB community’s steadfast confidence in the project’s potential has turned a tentative debut into a victory and progress.