Shibarium Achieves Milestone with Over 20 Million Transactions

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Shibarium Achieves Milestone with Over 20 Million Transactions0

  • Shibarium Beta surpasses 20 million transactions.
  • The average daily transaction volume of the network is 491,994.

Puppynet, the Shibarium Beta Testnet, has experienced a notable increase in transaction activity over the last month. Recent reports reveal that Puppynet has achieved a remarkable milestone by processing a total of 20,514,524 (20.51 million) transactions. On a daily basis, the network manages an average of 491,994 transactions.

Shibarium Achieves Milestone with Over 20 Million Transactions1Shibarium beta transactions (source : PuppyScan)

In spite of the increase in activity, Puppynet maintains stability with an average block time of 5 seconds and a considerable total of 16,730,266 (16.73 million) registered addresses. The growing interest in BONE (Bone ShibaSwap), the native gas token of Shibarium, has attracted the attention of exchanges. Unocoin, a leading cryptocurrency exchange in India, has recently added support for BONE on its platform.

The Shiba Inu community, eager for the launch of Shibarium’s mainnet, is now facing uncertainty due to recent developments. LucieSHIB, a key advocate for Shiba Inu, had previously indicated that the highly anticipated mainnet would be launched sometime in the second or third quarters of 2023.

Shiba Inu is currently priced at $0.000006631, with a trading volume of $113,121,125 over the past 24 hours. CoinMarketCap reports a decline of 1.59% in SHIB’s price during this timeframe.

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