Shiba Inu

Shibarium, the advanced layer 2 scaling solution for the Shiba Inu cryptocurrency ecosystem, has reached a major milestone: it has now surpassed three million blocks.<img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Add-a-heading.png?fit&#61;900%2C300&amp;ssl&#61;1" />Cryptos Headlines Platform Has Launched Its Native Token, Early Public Sale Is Live On <a href="https://cryptosheadlinestoken.com/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a>The platform, aimed at making transactions faster and easier in the Shiba Inu ecosystem, has now processed more than 334 million transactions and gained 1.35 million wallet addresses.<h3 id="shibarium-performance-and-growth-metrics">Shibarium: Performance and Growth Metrics</h3>Shibarium, with its average block time of just 5 seconds and negligible <a href="https://cryptosheadlines.com/pols-token-mining-spurs-1000-surge-in-polygon-gas-fees/" rel="noopener noreferrer nofollow">gas fees</a>, has demonstrated remarkable performance in both throughput and cost-effectiveness. The platform boasts a <a href="https://cryptosheadlines.com/base-network-approaches-2-million-daily-transactions-trails-behind-polygon-and-bsc/" rel="noopener noreferrer nofollow">daily transaction volume of 2.46 million</a>, facilitating efficient and affordable transactions within the Shiba Inu ecosystem.With approximately 332.613 <a href="https://cryptosheadlines.com/over-2-5-million-bitcoin-transactions-recorded-to-date/" rel="noopener noreferrer nofollow">million transactions processed to date</a>, Shibarium showcases a robust development landscape. Although the average block time slightly increases to 49.581 seconds, the platform has managed to support a total of 15,004 contracts, indicating vibrant <a href="https://cryptosheadlines.com/cardano-surpasses-ethereum-in-recent-crypto-development-activity/" rel="noopener noreferrer nofollow">development activity</a> on Shibarium.<a href="https://cryptosheadlines.com/nownodes-elevates-shibarium-support-with-0xshibarium-ai-integration/" rel="noopener noreferrer nofollow">Shibarium currently hosts 63,225 accounts and supports</a> a diverse array of tokens, totaling 8,979. These figures highlight the <a href="https://cryptosheadlines.com/real-tokn-unveils-real-estate-tokenization-platform-for-investments/" rel="noopener noreferrer nofollow">platform’s capacity to accommodate various applications and tokens</a>, contributing to its growing ecosystem and versatility.<h3 id="shiba-inu-shib-resilience-and-market-position">Shiba Inu (SHIB): Resilience and Market Position</h3>The price of Shiba Inu (SHIB) has displayed resilience and growth, currently standing at $0.000008903, marking a 1.77% increase over the past day, as per CoinGecko data. This performance has contributed to maintaining its <a href="https://cryptosheadlines.com/ceo-of-rock-tree-capital-say-hong-kong-becoming-hub-for-crypto-capital-markets/" rel="noopener noreferrer nofollow">market capitalization</a> at $5.25 billion, securing its position as the 18th largest cryptocurrency.In comparison to other <a href="https://cryptosheadlines.com/binance-ceo-embraces-meme-coin-craze-as-positive-indicator/" rel="noopener noreferrer nofollow">meme coins</a>, Shiba Inu demonstrates significant market presence. While its closest competitor, Dogecoin (DOGE), boasts a market cap of over $11 billion, <a href="https://cryptosheadlines.com/bonk-surges-110-after-binance-listing-surpasses-shiba-inu-in-trading/" rel="noopener noreferrer nofollow">Shiba Inu surpasses newer entrants like Bonk</a> (BONK) and Pepe (PEPE), which have market caps of $634 million and $381 million, respectively.<a href="https://cryptosheadlines.com/exciting-xrp-price-predictions/" rel="noopener noreferrer nofollow">Also Read: Exciting XRP Price Predictions</a>Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

Shibarium Achieves Major Milestone

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