Shibarium Transactions Surge 200%
After a period of inactivity, Shibarium, the Layer-2 solution for Shiba Inu, has experienced a massive increase of 200% in daily transactions over the past two days. This surge has brought renewed optimism among the SHIB community and caused a 6% jump in the platform’s gas token, BONE.
Strong Showing: Shibarium Soars
Data from Shibariumscan shows a significant rise in transactions. On Saturday, transactions hit a low point of 1.16 million. However, today recorded an impressive 2 million transactions, surpassing the platform’s previous peak in November.
Gate.io Integration Boosts Shibarium
The integration of Shibarium by Gate.io, a major cryptocurrency exchange, is responsible for this surge. Users can now withdraw BONE tokens directly onto the Shibarium network, marking a major partnership between Shiba Inu’s Layer-2 solution and a traditional exchange.
BONE Surge Fuels Promising Future
While SHIB experienced a slight dip, the surge of BONE suggests that investors are confident in Shibarium’s future. This development opens up exciting possibilities for the platform and analysts believe it could revolutionize how users interact with the Shiba Inu ecosystem.
Hot Take: Shibarium Gains Momentum
With this recent surge in transactions and partnerships on the horizon, Shibarium is gaining momentum. Only time will tell if it can sustain this growth, but for now, it is back in the spotlight and driving towards a decentralized future for the meme coin revolution.