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 <p><span style="font-weight: 400">A subtle </span><span style="font-weight: 400">tweet</span><span style="font-weight: 400"> from Shiba Inu’s lead developer Shytoshi Kusama suggested that the SHIB team is likely looking forward to having Musk at the much-awaited event which will be held between August 13-17, 2023 in Toronto, Canada. The tweet was a response to a picture of the Tesla boss wearing a shirt with the inscription “I Love Canada.”</span></p>  
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
  <p lang="en" dir="ltr">See you at #Blockchainfuturistconference #shibarmy https://t.co/Cf1TPSm9VO</p> 
  <p>— Shytoshi Kusama™ (@ShytoshiKusama) July 31, 2023</p> 
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 </div> 
 <h2 id="strong-a-rel-noopener-noreferrer-nofollow-title-shibarium-href-https-thebittimes-com-tag-shibarium-html-shibarium-a-mainnet-launch-is-here-strong"><strong><a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> Mainnet Launch is Here</strong></h2> 
 <p><span style="font-weight: 400">Early this month, Kusama said that his team would likely discuss and </span><span style="font-weight: 400">launch</span><span style="font-weight: 400"> the long-awaited L2 <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> during the Blockchain Futurist Conference after several months of churning out </span><span style="font-weight: 400">updates</span><span style="font-weight: 400"> in bits.&nbsp;</span></p> 
 <p><span style="font-weight: 400">In addition to this, he confirmed that <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> will hold a multi-month hackathon as part of the conference. <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> is aimed at improving the scalability of the Ethereum network.&nbsp;</span></p> 
 <p><span style="font-weight: 400">Its beta test </span><span style="font-weight: 400">went live</span><span style="font-weight: 400"> on the mainnet sometimes in March and it was called ‘Puppynet’.&nbsp;</span></p>  
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 <p><span style="font-weight: 400">This L2 scaling solution was designed to enable developers build Decentralized Applications (DApps). It also allows the integration into real life businesses, and power projects with it. A few months after its beta test launch, Puppynet </span><span style="font-weight: 400">recorded</span><span style="font-weight: 400"> 25 million transactions indicating a massive demand in the community.</span></p> 
 <h2 id="strong-shibarium-puppynet-hits-impressive-milestones-strong"><strong>Shibarium PuppyNet Hits Impressive Milestones</strong></h2> 
 <p><span style="font-weight: 400">At that time, the total blocks processed by <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> beta Puppynet exceeded 1.45 million. Also, the number of wallet addresses increased to 16.98 million. Based on data from </span><span style="font-weight: 400">PuppyScan</span><span style="font-weight: 400">, the total number of transactions on <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> beta Puppynet has increased to 33,886,822. The total number of wallets is at 17,063,134 while the total blocks processed has hit 1,925,518 at an average block time of 5.0 seconds.&nbsp;</span></p> 
 <p><span style="font-weight: 400">As the date for the official launch of <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> draws closer, it is expected that the transactions rate and wallet addresses&nbsp;will keep growing.&nbsp;</span></p> 
 <p><span style="font-weight: 400">Meanwhile, Musk has been indirectly promoting the dog-themed Shiba Inu. He recently made an unexpected mention of Shiba Inu meme coin in one of his tweets. It is also worth noting that the coin is gaining the attention of investors with projected price surge expected after the <a rel="noopener noreferrer nofollow" title="Shibarium" href="https://thebittimes.com/tag/shibarium.html">Shibarium</a> mainnet launch.</span></p> 
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