SHIB team lead Shytoshi Kusama has caught the community's attention by changing his geolocation status on X. This change hints at significant forthcoming events in the Shiba Inu ecosystem.
Shytoshi's New Location on X
An X user and SHIB enthusiast from Japan, @kuro_9696_9696, noticed that Shytoshi Kusama updated his location status on his X profile. Unlike the previous actual city and country, it now cryptically states 'Cracking the Chrysalis'. A chrysalis is a stage in a butterfly's life cycle when it is in a cocoon, which can be interpreted as a bullish hint to the SHIB community about forthcoming changes.
Emergence of Shib Alpha and Its Features
Previously, Shytoshi Kusama announced raising $12 million to develop the layer-3 network on Shibarium, named Shib Alpha. This platform focuses on user data protection, increasing transaction speed, and reducing gas fees significantly. The primary currencies will be TREAT and the new stablecoin SHI.
Shibarium Exceeds One Billion Transactions
On March 31, Shibarium surpassed the one billion transactions mark. The total transaction count is 1,001,752,358, with a noteworthy growth in this metric over recent months. The platform currently handles approximately 4,000,000 daily transactions.
The unexpected changes in Shytoshi Kusama's X profile create excitement within the SHIB community. The chrysalis comparison suggests that the ecosystem is poised for major updates, driving interest and anticipation among users.