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Cryptocurrency News Articles

Shytoshi Kusama's Cryptic New Location Hints at Big Changes Coming to the SHIB Ecosystem

Apr 01, 2025 at 05:00 pm

X user and a SHIB enthusiast from Japan @kuro_9696_9696 has attracted the Shiba Inu community's attention to a change in the data displayed on Shytoshi Kusama's X bio.

Shytoshi Kusama's Cryptic New Location Hints at Big Changes Coming to the SHIB Ecosystem

A user and a SHIB enthusiast from Japan @kuro_9696_9696 has attracted the attention of the Shiba Inu community to a change in the data displayed on Shytoshi Kusama's X bio.

The mysterious SHIB team lead has changed his geo location status but this geo mark looks rather cryptic and seems to express a bullish mood, hinting that big changes are coming.

"Shytoshi Kusama's current location is...👀📍Cracking the Chrysalis🤔 pic.twitter.com/NQiSbvZPhW

An interesting detail spotted on the new Shytoshi's bio. Could be a cryptic message for a new big announcement? Thoughts?"

Yesterday, Kusama updated his status to "Cracking the Chrysalis."

Now, Shytoshi's fans know that the new Shibarium L3 solution, which is called Shib Alpha, will have a strong focus on user data protection, enabling users to decide if they want to share their personal data with third parties (including, e.g., law enforcement agencies).

It will massively increase the transaction speed and throughput, will lower the gas fees. Transactions will be made not only in TREAT but also in SHI – the long-anticipated stablecoin that has been in the works for several years.

This promises to be indeed an important launch for the SHIB network and its ecosystem. The L3 solution will be launched on Shibarium which has been in development for roughly a year now – since Shytoshi Kusama announced at the start of 2024 that he had travelled around the world, spoke to venture investors and managed to raise $12 million to build the layer-3 network on top of Shibarium. The impressive funds were raised through the sale of TREAT token which has not been launched yet. TREAT is expected to be the blood of the L3 network.

Shibarium crosses 1 billion moonstone

On Monday, March 31, Shibarium finally managed to break through the ceiling of 1,000,000,000 transactions. The total transaction count currently stands at 1,001,752,358. The growth of this important metric has accelerated over the past months after staying roughly above 960,000,000 for a long time.

Shibarium Update - April 1, 2025🔷 Total Blocks: 10,234,682

🔷 Average Block Time: 5.0s

🔷 Total Transactions: 1,001,752,358

🔷 Wallet Addresses: 193,941,762

🔷 Gas Tracker: 3.4 Gwei

🔸 Daily Transactions: 4M

The number of daily transactions on Shibarium at the moment shows approximately 4,000,000.

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Other articles published on Apr 03, 2025