Shiba Inuโs Shibarium Sees Explosive Growth: What This Means for You ๐
If youโre a crypto enthusiast, youโll be pleased to know that Shiba Inuโs layer-2 solution, Shibarium, is experiencing a significant surge in activity, hinting at network expansion and potential price rallies for SHIB and other meme coins like MEW and DOGE.
Shibarium Progress Update ๐
Shiba Inuโs layer-2 blockchain solution, Shibarium, has once again captured attention with a remarkable resurgence. Recent data reveals that active accounts on the network have exceeded 25,000, marking an 80% increase from the previous day and an astounding 3,500% surge since the beginning of April. Daily transactions have also seen a sharp uptick, surpassing 400,000.
- Shibarium aims to boost Shiba Inuโs development by enhancing scalability, reducing transaction costs, and improving speed.
- The network has achieved several milestones, with total blocks surpassing 4 million and wallet addresses close to 1.8 million.
- Total transactions on Shibarium currently stand at around 415 million.
Potential SHIB Price Surge ๐
Industry analysts predict that further advancements in Shibarium could catalyze a bullish trend for SHIB, which has already bounced back from recent losses and is displaying positive momentum on a daily basis.
Today, on April 15, SHIB is not the only meme coin experiencing significant growth. MEW, based on Solana, has surged by nearly 100%, showcasing impressive performance in the market. Other meme coins such as WIF, DOGE, PEPE, and FLOKI have also seen upward movements, albeit to a lesser extent.
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