Shibarium, a Layer-2 blockchain in the Shiba Inu ecosystem, shows significant growth and milestones in less than two years.
Shibarium’s Rapid Expansion and Achievements
Launched in August 2023, Shibarium has improved tremendously, processing a new block every 5.01 seconds. Nearly 10 million blocks have been mined, with 954 million transactions and 241,597 accounts registered.
Shiba Inu's Burn Decline and Market Reaction
Despite an 81% drop in SHIB burn rates, trading volumes spiked 30.20%. This suggests building interest among holders for long-term SHIB value increase.
Shytoshi Kusama’s Absence Sparks Questions
The community questions the inactive presence of the lead developer. SHIB's marketing lead replied cryptically, indicating Kusama is focused on previously promised activities.
Shibarium continues to develop, offering hope for potential Shiba Inu price growth.