Shiba Inu

<figure> 
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a> 
 </figcaption> 
</figure> 
In a groundbreaking achievement,&nbsp;<a href="https://www.shibariumscan.io/stats" rel="noopener noreferrer nofollow">Shibarium</a>, the Layer-2 protocol developed by the Shiba Inu team, has shattered three significant records in a single day, marking a historic moment in the blockchain ecosystem. 
Just three weeks following its full-scale launch, Shibarium proudly boasts the staggering milestone of processing over three million transactions on its network. Despite a recent dip in transaction activity on the&nbsp;<a href="https://u.today/shib-price-analysis-for-september-20" rel="noopener noreferrer nofollow">SHIB</a> blockchain, this remarkable feat underscores Shibarium's resilience. Over the past week, the protocol has consistently recorded an average of 41,500 new transactions per day, demonstrating its enduring popularity and utility. 
Another impressive milestone is the deployment of more than 10,000 smart contracts on Shibarium. Of these, 438 are already verified, with this number steadily increasing day by day. The&nbsp;<a href="https://u.today/altcoins-like-shiba-inu-shib-in-danger-as-golden-cross-emerges-on-key-chart" rel="noopener noreferrer nofollow">Shiba Inu</a> team continues to extend an open invitation to crypto enthusiasts and developers to utilize Shibarium, emphasizing the platform's promise of unrestricted creative freedom. 
<img alt="&quot;&quot;" data-entity-type="file" data-entity-uuid="facb73d8-0053-4ff8-a94f-a1fbe5d2f529" src="https://u.today/sites/default/files/inline-images/shihas.png">Source: <a href="https://www.shibariumscan.io/stats" rel="noopener noreferrer nofollow">Shibariumscan</a> 
Finally, the third, but no less important, achievement was reaching 1.25 million addresses, which is also a mini anniversary. After the first million&nbsp;<a href="https://u.today/shib-burns-rapidly-increase-by-317-as-price-shows-rise" rel="noopener noreferrer nofollow">Shibarium</a> addresses were reached just a week after the protocol was launched, the growth of this metric slowed down considerably. However, as we can see from the rapid growth of other metrics, this rate and the existing volume are more than enough for now. 
The triple achievement underscores Shibarium's prowess as a promising Layer-2 protocol and highlights its capacity to handle massive transaction volumes and support a thriving ecosystem of smart contracts.

Shiba Inu's Shibarium Breaks Three Major Records in Single Day

U_Today

Other articles published on Sep 21, 2023

Mt. Gox Announces Major Repayment Delay

Mt. Gox Trustee Announces One-Year Extension for Repayment Deadline

X CEO Confirms Payments Integration – DOGE in the Mix?

Broadcom Shares Down 5.8% Premarket After $14.2M Fine

Bitcoin Price EXPLOSION Imminent? What 560,000 Pending Transactions Reveal About Future Prices! F...

Allegations Against B2C2 Ex-CEO Surfaces in Lawsuit Against Company

Join our free newsletter for daily crypto updates!