Shibarium Making Progress in the Crypto Space
The layer-2 network Shibarium has been making significant advancements, which have reignited bullish sentiments within the Shiba Inu community. One recent development is the launch of its name service, which simplifies transactions for users on the network. Additionally, NOW Nodes, a node provider, has recognized Shibarium as one of the best-performing networks in their ecosystem. They have processed over 66 million requests to Shibarium since September and have plans to integrate the network into major exchanges and wallets.
Rising On-Chain Activity
On-chain activity on Shibarium is increasing steadily. The network is close to reaching four million transactions processed, with an average of 14,000 daily transactions. This growth demonstrates the efforts of the network’s team and aligns with Shytoshi Kusama’s vision for increasing SHIB’s price.
Potential Support from Atomic Wallet
There are reports that Atomic Wallet, a decentralized wallet, has added support for Shibarium. However, this integration has not been confirmed by either party at the time of writing. If true, this would be a positive development for the ecosystem as it could onboard Atomic Wallet’s 5 million+ users and boost demand for Shibarium’s utility tokens.
Conclusion: Positive Outlook for Shibarium
With its recent advancements and potential integration with Atomic Wallet, Shibarium is poised for further growth in the crypto space. The Shiba Inu community remains optimistic about the token’s trajectory, and on-chain activity continues to rise. As Shibarium expands its presence on exchanges and wallets, it is expected to attract more attention and contribute to SHIB’s price increase.
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