Shiba Inu’s Layer-2 blockchain, Shibarium, is rapidly nearing a significant milestone, having processed over 992 million transactions. The network shows increased user engagement and on-chain activity.
Growth in Shibarium Transactions
Daily Shibarium network transactions increased dramatically as it handled more than 3.84 million transactions during one complete day. The escalating interest in the network signifies an upward trend of utility felt by developers and users within the Shiba Inu ecosystem.
Continuous Infrastructure Development
ShibariumScan reports that the network has established more than 10 million blocks while reaching 10,188,747 blocks in its current count. The number of unique addresses has surpassed 191 million, highlighting the continuous rise in adoption and infrastructure development.
Future of Shibarium as a Data Layer
In addition to serving as a transaction layer, Shibarium will function as a data availability layer. This will enable rollup chains to store and access their data efficiently while operating independently but staying linked to the network.
The rising activity on Shibarium underscores its importance in the Shiba Inu ecosystem. With the introduction of Layer-3 rollups and the role of a data layer, the platform continues to expand its functionality and scalability.
