Bitcoin

Shiba Inu

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 <p>The developers behind Shiba Inu have been working to build new utilities and <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> for the project. One of their major technical initiatives has been the development of <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a>, which is planned as a layer-2 scaling solution for the Shiba Inu network.</p> 
 <p>Layer-2 solutions like <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> aim to improve transaction speeds and reduce fees by handling transactions off the main blockchain. The stated goal is that <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> will provide these benefits for the Shiba Inu network once it is launched.</p> 
 <p><strong>Also read:&nbsp;Grayscale Now Closer To a Spot Bitcoin ETF Launch: Report</strong></p> 
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 <p>The release of <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> represents a significant milestone for the Shiba Inu developers as they continue to expand the technological capabilities of the project. According to the latest data, the network has hit a major milestone.</p> 
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  <img decoding="async" width="640" height="103" src="https://cdn.thebittimes.com/images/2023/09/01/0f34deaeec3a55ae588659e6e07af339.webp" alt="" class="wp-image-109835" srcset="https://cdn.thebittimes.com/images/2023/09/01/0f34deaeec3a55ae588659e6e07af339.webp 640w, https://cdn.thebittimes.com/images/2023/09/01/0f34deaeec3a55ae588659e6e07af339.webp 300w, https://cdn.thebittimes.com/images/2023/09/01/0f34deaeec3a55ae588659e6e07af339.webp 380w, https://cdn.thebittimes.com/images/2023/09/01/0f34deaeec3a55ae588659e6e07af339.webp 550w" sizes="(max-width: 640px) 100vw, 640px"> 
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    Source: Shibariumscan 
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 <h2 class="wp-block-heading" id="h-shibarium-inches-towards-a-major-milestone">Shibarium inches towards a major milestone</h2> 
 <p>The recently launched layer-2 network Shibarium has seen rapid growth in adoption, garnering close to 500,000 wallets at press time.</p> 
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 <p>The much-anticipated scaling solution for Shiba Inu has quickly regained attention thanks to its substantial user activity increase. According to data from blockchain explorers, the <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> network has shown remarkable growth, now hosting over 447,138 wallets.</p> 
 <p>Beyond its wallet growth, Shibarium has also posted staggering transaction figures. The network has handled over 628,000 transactions, highlighting its heavy use since its launch.</p> 
 <p>Additionally, the node validators responsible for processing the network’s blocks have already validated over 387,000 blocks at an average speed of 5.0 seconds per block.</p> 
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<div class="cs-entry__tags"> 
 <ul> 
  <li>shib</li> 
  <li>shiba inu</li> 
  <li>Shibarium</li> 
 </ul> 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/shibarium-sees-widespread-adoption-nearly-500k-wallets-tbt61141.html">https://thebittimes.com/shibarium-sees-widespread-adoption-nearly-500k-wallets-tbt61141.html</a></p>

Shibarium Sees Widespread Adoption, Nearly 500K Wallets

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TheBitTimes

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