Shibarium, the layer-2 blockchain of the Shiba Inu (SHIB) ecosystem, has surpassed significant milestones with a total of over 1.3 billion transactions. According to data from ShibariumScan,The total number of transactions is currently 1,300,837,487.
Daily Activity Spikes Push Rifts past Milestones
The amount of transactions performed on Shibarium highlights an increase in user activity on the Layer-2 platform.
In particular, there has been an increasing number of involvement at Shaibariums recently. Reports on 1,013% spikes Early June. On that occasion, daily transactions increased from about 63,000 to over 700,000 per day.
Since then, the volume of daily transactions has expanded into the million zone and remains there. As of June 26th, Shibarium has registered 4.2 million transactions. Numerous daily transactions help drive ecosystems to achieve milestones of over 1.3 billion.
In particular, Shibarium achieved this feat despite facing network challenges this month. Shibarium Network recorded slower transaction times Average block time Increased from the normal 5.0 seconds to 8.1 seconds.
Many users expressed concern about potential network congestion and the possibility that challenges could affect blockchain. However, this problem has not been long-lasting, and the average block time has recovered to 5.0 seconds.
DEFLTARYARY SHIB BURN TOOLKIT Gets a Big Upgrade
Meanwhile, in the movement to improve the Shiba inu deflationary mechanism, Shibarium is Upgrade to Shib Defi A toolkit that makes the burn process faster, easier and smoother. The upgrade comes with incentives for ecosystem users.
These include simple token swapping, staking, receiving yields, and triggering live burns to maintain sive values.
Additionally, Shibarium has also decided to increase the static nodes of Heimdall and Bor, which are important to validators. It mainly contributes to maintaining security and synchronization while ensuring stable network connectivity.
