The Shiba Inu community is celebrating a significant achievement as Shibarium, the Layer 2 scaling solution for the Shiba Inu ecosystem, has reached a new integration milestone. The platform has successfully processed over 412 million transactions, a testament to its growing adoption and functionality.
The Shiba Inu community is celebrating a significant achievement as Shibarium, the Layer 2 scaling solution for the Shiba Inu ecosystem, has reached a new integration milestone. The platform has successfully processed over 412 million transactions, a testament to its growing adoption and functionality.
bluebita centralized exchange based in Dubai and Saint Vincent, has announced an exciting collaboration with the SHIB community, a partnership that it believes will bring the SHIB and Sparrows communities closer together and lead to even greater achievements together.
As part of this move, BlueBit has successfully integrated Shibarium, which would provide BlueBit users with access to a wider range of digital assets and cutting-edge blockchain solutions.
Shibarium’s integration with major cryptocurrency exchanges is also expected to play a pivotal role in increasing its visibility and usability, attracting a broader audience of users and investors.
The latest Shibarium integration has sparked a wave of excitement in the broader crypto community. The official Shiba Inu X user has responded enthusiastically to this milestone, which reflects the future growth potential of the platform.
The amazing growth of Shibarium
Shibarium has rapidly gained momentum since its launch in late August 2023, surpassing 3.8 million in total blocks and a whopping 412 million in total transactions.
According to the explorer Shibariumscan, Shibarium’s total transactions are 412,407,305. The total blocks have reached 3,825,223 and the wallet addresses are at 1,383,613. However, Shibarium reports drops in its daily transaction count, which fell to 6,700.
In response to increased activity and the inherent security risks associated with rapid growth, the Shiba Inu development team has taken proactive measures to safeguard the platform. Shiba Inu would incorporate fully homomorphic encryption (FHE) into its framework, thus offering greater data privacy and security. Additionally, an approach that includes sovereign identity (SSI) gives users complete control over their data.
