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Shiba Inu’s Layer-2 Blockchain solution Shibarium experienced an extraordinary increase, with a jaw-dropping 254% rise in new account activities over the past three days.
Rising Metrics in Shibarium
According to Shibariumscan, the daily number of new accounts jumped from 24 on February 1st to an impressive 61 on February 3rd, bringing Shiba Inu’s L2 total account number to an impressive 63,162. However, the Shiba Inu ecosystem adds an interesting twist to the narrative. Unlike other blockchain networks where the token is usually central, Shibarium’s primary cryptocurrency is not SHIB but BONE.
BONE, which serves as the token for gas fees and validator stakes in the Shibarium ecosystem, could benefit from this increase in new accounts. While the surge does not guarantee Shiba Inu’s overall success, BONE’s potential to bring positive momentum to market offerings is evident. Additionally, as interest in Shibarium grows, this could be a significant moment for the lesser-known cryptocurrency, prompting investors and enthusiasts to monitor BONE’s performance more closely in the days ahead.
Development Activity in Shibarium
As the Shiba Inu ecosystem continues to evolve, the focus of interest may shift, and BONE could become a token to watch while riding the wave of recent activity increases in Shibarium. Consequently, Shiba Inu’s Layer-2 Blockchain solution Shibarium has shown a significant rise in new account activities with an extraordinary 254% increase over the last three days. The daily new account number, which was 24 on February 1st, impressively rose to 61 on February 3rd, increasing Shiba Inu’s L2 total account number to 63,162.
BONE, the main cryptocurrency of Shibarium, is used for gas fees and validator stakes within the Shiba Inu ecosystem, which means it has the potential to be positively impacted by the increase in new accounts. The growing interest in Shibarium could lend positive momentum to BONE’s market offerings.
