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- Shibarium beta handles over 300,000 transactions daily.
- Shibarium beta has become one of the leading contenders.
Shiba Inu (SHIB)’s layer-2 blockchain, Shibarium beta, has demonstrated notable performance in the cryptocurrency market. Shibarium beta handles over 300,000 transactions daily. With this impressive achievement, Shibarium beta has become one of the leading contenders in the crypto arena.
Shibarium beta transactions (Source: Puppyscan)
On March 11, Shiba Inu, the well-known memecoin, introduced the Shibarium beta, also known as puppynet. The launch has attracted the interest of investors in the cryptocurrency markets. Shibarium is intended to enable developers to build faster, more economical, and highly scalable applications.
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Recently, the number of wallet addresses on Shibarium beta exceeded the milestone of 15 million. Following this, Shibarium has achieved another significant performance milestone.
As per the report, Shibarium beta has consistently processed over 300,000 transactions daily, with an average block time of 5 seconds, since May 12. Investors anticipate that this exceptional performance will have a positive impact on SHIB’s trading price. The total number of transactions conducted on Shibarium beta is 12,547,565.
At the time of this report, the trading price of Shiba Inu is approximately $0.000008587, reflecting an increase of 1.06% over the last 24 hours. The trading volume of SHIB has experienced a decline of 15.94%, according to CoinMarketCap.
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