News with the tag "Shibarium"

Following its launch by the Shiba Inu team back in August 2023, the Shibarium network has been subject to the highs and lows of the market. Despite coming from a team with a large community, the Ethereum Layer 2 network has struggled to stay relevant in the fierce competition among Ethereum Layer 2 ...

Layer-2 blockchain Shibarium has come really close to scoring two important all-time highs

In a post on X, Shiba Inu marketing lead Lucie (@LucieSHIB) highlighted the potential impact of Ethereum’s forthcoming “Pectra” upgrade on Shibarium, the layer-2 (L2) solution built by the Shiba Inu ecosystem. Slated for release in April 2025, the Pectra upgrade merges two planned improvements—Pragu...

Amid relatively quiet market conditions, a key metric for the Shiba Inu layer-2 network Shibarium is exploding, raising questions about what is going on. Specifically, over the past week, the number of wallet addresses on the Shiba Inu -focused Ethereum Layer 2 has jumped over 490% from about 9.4 mi...

Shiba Inu’s Shibarium has suffered a heartbreaking decline in activity, dropping to new lows not seen in a long while. Reports reveal that the Layer 2 network has seen its daily transaction count plummet by over 96%, signaling a slowdown in user engagement and network usage. Shiba Inu’s Shibarium Ac...

Shibarium adoption hits new low as transactions nosedive

Shibarium transactions present ominous adoption trend

Shibarium may hit one billion transaction milestone in 13 days

Renewed investor optimism and interest in Shiba Inu (SHIB) has emerged despite market volatility. This is due to a remarkable 4,100% surge in its burn rate within just 24 hours, resulting in the removal of nearly 21.7 million SHIB tokens from circulation. The cryptocurrency is once again capturing a...

Shibarium might breach 750 million transaction count milestone soon