This milestone comes 18 months after the platform's launch, underscoring its rapid adoption and growing role in the crypto space.
Shiba Inu's Layer-2 blockchain, Shibarium, has reportedly surpassed 1 billion transactions.
As highlighted by Lucie, the network’s lead marketer, this milestone places Shibarium among the fastest-growing blockchain networks in the Web3 space.
The network, which launched 18 months ago, has also processed over 10 million blocks without any major outages, showcasing its technical robustness and reliability.
notably, this development comes as SHIB faces price pressure.
While some investors are optimistic about Shibarium's long-term potential, memecoins like SHIB are primarily driven by market trends, especially during bullish altcoin cycles and speculation.
In the 2021 bull run, SHIB saw a sharp rally alongside XRP and other altcoins, fueled by retail interest and speculative trading. A similar pattern occurred in 2024 when SHIB's price surged over 100% in Q3 following Donald Trump's election.
The post Shiba Inu's Shibarium Surpasses 1 Billion Transactions As SHIB Faces Price Setback appeared first on .
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