Shibarium, the layer-2 protocol developed by the Shiba Inu team, has established itself as a leading force in the Blockchain ecosystem by breaking three important records in a single day with an extraordinary development. Just three weeks after its full-scale launch, Shibarium made history by reaching the following milestones…
A record number of transactions took place on Shibarium in the Shiba Inu ecosystem
Shibarium has raised the bar by processing over three million transactions on its network. This remarkable achievement comes at a time when transaction activity on the SHIB Blockchain has recently experienced a decline. Shibarium’s durability is a testament to its solid infrastructure. Over the past week, the protocol has consistently processed an average of 41,500 new transactions per day. This is a clear indication of its enduring popularity and usefulness.
More than 10 thousand smart contracts have been deployed
Another impressive milestone for Shibarium is the deployment of more than 10,000 smart contracts on its platform. Of these, 438 have already been confirmed and this number is growing steadily every day. This success highlights the growing interest of crypto enthusiasts and developers looking to capitalize on Shibarium’s promise of unlimited creative freedom.
1.25 million addresses were reached
The third, no less important achievement is the reaching of 1.25 million addresses in Shibarium. This achievement marks a mini anniversary, coming shortly after the protocol reached its first million Shibarium addresses just a week after its launch. Although the growth rate of this metric has slowed, it remains impressive along with the rapid growth observed in other areas. These three notable achievements underscore Shibarium’s prowess as a promising layer-2 protocol. It has demonstrated the ability to efficiently handle large transaction volumes and support a thriving smart contract ecosystem.
The Shiba Inu team continues to offer an open invitation to crypto enthusiasts and developers to explore the potential of Shibarium, highlighting the platform’s commitment to providing unparalleled creative freedom. The blockchain community is eagerly awaiting what Shibarium will achieve next as it continues to innovate and push the boundaries of what is possible in the world of decentralized finance and smart contracts.
