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- Shiba Inu’s layer-2 solution experiences a tripling of addresses and surpasses 500k transactions following its launch.
- Nodes are joining Shiba Inu’s layer-2 to manage the increasing transaction volumes after a successful launch.
- Shiba Inu’s new scaling solution showcases significant growth in addresses and activity post-launch.
Shiba Inu’s layer-2 scaling solution, Shibarium, has exhibited substantial growth over the last day based on recent statistics.
The overall count of addresses on the Shibarium network has surged to 337,000 within just 24 hours. In addition to the influx of new addresses, transaction activity is also experiencing a dramatic increase.
More than 540,000 transactions have already taken place on the emerging network. Validators on Shibarium have processed around 374,000 blocks at an interval of 5 seconds per block.
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This significant rise in usage is attributed to the increased interest surrounding the long-anticipated launch of Shibarium. By offering quicker and more affordable transactions, Shibarium seeks to unlock additional utility for the Shiba Inu ecosystem.
Validators joining in after Shibarium launch
An increasing number of validators are onboarding to assist in managing the surge of activity. The blockchain startup Unification has recently activated its own Shibarium validator node. Users can now delegate BONE tokens to Unification’s node for staking rewards.
As the count of validated nodes increases, the network will be better equipped to handle greater transaction volumes while ensuring speed and reliability. Shibarium’s impressive growth indicates a successful launch that continues to promote adoption and engagement.
With the usage of Shibarium on the rise, developers aim to maintain this momentum to establish the layer-2 protocol as an essential part of Shiba Inu’s technology framework. If the platform can keep attracting validators while ensuring stability under heavy loads, it will reinforce Shibarium’s role as a crucial infrastructure enhancement for the SHIB community.
