Shiba

Pepe

Dogecoin

Bonk

Shiba Inu

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Shibarium, the layer 2 scaling solution developed for the Shiba Inu cryptocurrency, has <a href="https://twitter.com/TheBus37643251/status/1754286757997125808" rel="noopener noreferrer nofollow">reached</a> a new milestone, surpassing three million blocks.&nbsp;
The platform, designed to enhance the efficiency and scalability of transactions within the Shiba Inu ecosystem, now boasts over 334 million transactions and has attracted 1.35 million wallet addresses.&nbsp;
With an average block time of just 5 seconds and gas fees effectively at zero, Shibarium has shown impressive performance in terms of throughput and cost-effectiveness.&nbsp;
The daily transaction volume has also reached a remarkable figure of 2.46 million.&nbsp;
<h2 id="a-closer-look-at-shibarium-s-stats">A closer look at Shibarium's stats</h2>
The platform has <a href="https://www.shibariumscan.io/stats" rel="noopener noreferrer nofollow">processed</a> a total of approximately 332.613 million transactions, with the average block time slightly higher at 49.581 seconds. &nbsp;
The total number of contracts on the platform has reached 15,004, which shows robust development activity on Shibarium.&nbsp;
The total number of accounts stands at 63,225, with the total number of tokens supported by the platform at 8,979.&nbsp;
These figures underscore the platform's capacity to support a diverse range of applications and tokens.&nbsp;
<h2 id="shiba-inu-s-performance">Shiba Inu's performance&nbsp;</h2>
The price of <a href="https://u.today/shiba-inu-shib-surges-99-in-interesting-whale-activity-pickup" rel="noopener noreferrer nofollow">Shiba Inu (SHIB)</a> has shown resilience and growth, currently standing at $0.000008903, marking a 1.77% increase over the past day, according to CoinGecko data. &nbsp;
This performance has helped maintain its market capitalization at $5.25 billion, ranking it 18th among cryptocurrencies.&nbsp;
When compared to other meme coins, Shiba Inu demonstrates a significant market presence. Dogecoin (DOGE), its closest competitor, has a market cap of over $11 billion, but Shiba Inu outpaces newer entrants like Bonk (BONK) and Pepe (PEPE), which have market caps of $634 million and $381 million, respectively.&nbsp;

Shibarium Just Secured New Massive Milestone

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