Shiba Inu’s Shibarium Is Booming — Here’s What’s Driving the 54% Transaction Surge

Shibarium, the Layer-2 blockchain of Shiba Inu (CRYPTO: SHIB), has reported a significant 54% increase in transactions. This surge indicates a growing interest and engagement in the network.

What Happened: The daily transactions on Shibarium rose from 2.01 million to 3.1 million within a span of 24 hours. Simultaneously, the total addresses on Shibarium hit a new peak of 204,182,966, indicating a rise in user participation.

Shibarium’s other metrics also demonstrated growth. According to reports, the network has executed over 1.13 billion transactions in total, with the recent spike in daily transactions contributing to this increase. …

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