Shiba Inu Smashes Records—1 Billion Transactions And Counting

Shiba Inu Smashes Records—1 Billion Transactions And Counting
The Layer-2 blockchain of a popular meme coin has achieved a remarkable feat processing over 1 billion transactions since its inception in 2023. The significant milestone attained by Shibarium, the Layer-2 blockchain of Shiba Inu, could be an indication of the growing adoption of the token within the cryptocurrency space. Related Reading: Could XRP Actually Reach $10,000? Expert Weighs In Shiba Inu Milestone: 1 Billion Transactions Reports disclosed that in less than two years, Layer-2 blockchain Shibarium has already made a mark in the crypto space after the token has processed its 1 billionth transaction.  Meme coin Shiba Inu only introduced Shibarium in August 2023 and four months before celebrating its second anniversary, its transaction volume has surpassed the 1 billion mark. Analysts said that Shibarium achieved the incredible feat of 1 billion transactions yesterday, March 31, noting that the Layer-2 blockchain was able to reach that level after recording four million transactions daily. As of writing, Shiba Inu’s blockchain has reached the record level with a current transaction volume of over 1.001 billion. Market observers believed that Shibarium’s achievement suggested that the block ..

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