Shibarium, the layer-2 blockchain from Shiba Inu, is actively growing and nearing a major milestone in block numbers.
Shibarium's Rapid Growth and Adoption
Shibarium is set to cross the 10 million block milestone. According to Shibarium's data, 9,995,183 blocks have been mined to date, with each new block processed in about 5 seconds. Since its inception, Shibarium has processed 996,064,116 transactions from 173,056,716 addresses, with 2.17 million transactions conducted daily. This growth highlights the rapid adoption of Shibarium in less than two years since its launch.
SHIB Community Expectations and Developer Commitment
SHIB marketing lead, Lucie, urges the community to remain committed to the ecosystem amid criticism. Developers continue to improve Shibarium, with investors hoping for greater scalability and new partnerships to further adoption.
Current State of Shiba Inu (SHIB) and Its Prospects
While Shibarium nears the 10 million block milestone, SHIB's price is experiencing a decline. As of this writing, SHIB is valued at $0.00001261, a 4.29% decrease in the last 24 hours, attributed to market volatility and a drop in trading volume to $199.2 million.
Shibarium's blockchain has shown rapid growth in a short period, providing hope for further development and adoption. The SHIB community remains optimistic despite current market fluctuations.
