Shiba Inu, the second largest meme coin cryptocurrency, recently achieved two significant milestones that caught the attention of the crypto community. With the upcoming announcement of its public launch, the blockchain Layer-2 network called Shibarium aims to facilitate user interaction with the ecosystem of Shiba Inu. The crypto community is closely monitoring the success of Shiba Inu and Shibarium, eagerly anticipating future developments.
Shiba Inu Sets a Record with Total Addresses
Shiba Inu shattered expectations by reaching a new record in the total number of addresses associated with the cryptocurrency SHIB. Data provided by IntoTheBlock reveals a consistent growth pattern in the number of addresses, which has now impressively reached 3.56 million. This achievement demonstrates the increasing popularity and adoption of Shiba Inu among crypto enthusiasts.
The recently launched Shibarium network is attracting new users eager to interact with the Shiba Inu ecosystem. There has been a notable increase in new addresses, especially on August 24, when over 2,000 addresses were added in a single day.
Lucie, a member of the Shiba Inu team, shared an update announcing the official launch of Shibarium, even in its private mode. Several integrations have already taken place, with DEXTools, a leading DeFi trading application, announcing support for the new network. This integration will enable seamless buying and selling of Shibarium tokens.
Shibarium Will Not Stop Breaking Records!
According to the Shiba Coin blockchain explorer, there have been 317,071 transactions on the Shibarium network. Additionally, the number of interactive wallet addresses on the Layer-2 blockchain network has witnessed significant growth, reaching 61,917 addresses. Achieving such figures before the public launch is a remarkable feat compared to other Layer-2 projects.
Continuing its success graph, Shibarium has surpassed another milestone by surpassing 300,000 total blocks on its main network. At the time of writing, the number of blocks produced on the network was announced as 310,713, with an average block production time of just five seconds. This achievement serves as evidence of the protocol’s scalability and stability.
