tl;dr
Shiba Inu has achieved significant milestones with its layer-two scaling solution, Shibarium, surpassing 3 million blocks and having 1.3 million addresses with over 330,000,000 transactions. However, these achievements have not impacted SHIB’s price, which remains unchanged. The Shiba Inu team has u...
Shiba Inu has achieved significant milestones with its layer-two scaling solution, Shibarium, surpassing 3 million blocks and having 1.3 million addresses with over 330,000,000 transactions. However, these achievements have not impacted SHIB’s price, which remains unchanged. The Shiba Inu team has updated the burning mechanism to be entirely automated, with more transactions leading to deflation and a positive impact on the token price.
Shiba Inu continues achieving impressive milestones in regard to its layer-two scaling solution called Shibarium. The network has recently surpassed the impressive 3 million milestone in terms of blocks produced. Data from Shibariumscan reveals that a new block is added once every few seconds. The total addresses on the network currently stand at 1.3 million, while the total transactions exceed 330,000,000. Recall that Shibarium was launched back in August 2023 following a long wait on behalf of the SHIB community. More details can be found in our extensive video guide below:
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