Shiba Inu's Shibarium Sets Three Records in One Day - A Game-Changing Success Story - COINTURK NEWS
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Shiba Inu’s Shibarium Sets Three Records in One Day – A Game-Changing Success Story

9:05 pm (68 days ago)
September 24, 2023

Shiba Inu, developed by the Shiba Inu team and launched at the end of August, Shibarium, a Layer-2 network, has achieved a groundbreaking success and set three important records in just one day. The Shiba Inu team, who achieved these accomplishments shortly after the launch date, attracted the attention of many crypto communities.

Shibarium Unstoppable

Just three weeks after the launch, over three million transactions were successfully confirmed on the Shibarium network. This milestone happening in such a short time has been shocking. This success came at a time when popularity was lost due to the halt in block production on the launch day, reaffirming Shiba Inu’s position in the blockchain ecosystem. Last week, an average of 41,500 new transactions were recorded on the network daily.

Shibarium also achieved another notable success with a record number of smart contracts. According to this, more than 10,000 smart contracts were made available to users in a short period of time. Only 438 of these contracts were verified by the team, and this number is steadily increasing. The team, which provides platform support and project funding for the Shibarium network, has once again demonstrated its determination in this regard.

Another remarkable achievement was the increasing number of addresses on the Shibarium network. Recently, 1.25 million unique wallets performed transactions on the Shibarium network, marking a significant success. Although the increase in this number has gradually decreased after reaching one million addresses just one week after the launch date, the continued stable growth despite the setbacks has renewed trust among users.

What to Expect in the Future?

With these achievements, Shibarium has proven itself in many areas. The successful realization of large transaction volumes and support for the smart contract ecosystem showcases the capabilities of the Layer-2 network. Crypto communities are taking into account Shibarium’s incredible journey and its potential to reshape the blockchain ecosystem.

The Shiba Inu team aims to further enhance the capabilities of the Layer-2 network and expand its reach. Being a community that frequently makes a name for itself in the cryptocurrency market is definitely not a coincidence. In the coming period, Shibarium will continue to emerge as a prominent Layer-2 network.

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