Shibarium Achieves Major Milestones with 600 Million Transactions and 2 Million Wallets

Significant Growth in Shibarium’s Network Activity

Shibarium, the Layer-2 blockchain associated with Shibа Inu, has reached impressive milestones in its network adoption. Recent data reveals that the network has surpassed 600 million transactions and exceeded 2 million wallets, showcasing a significant increase in its user base.

The past month has witnessed a surge in user activity on Shibarium, with crypto enthusiasts exploring various decentralized finance (DeFi) protocols. This growth culminated in the milestone of over 2 million wallets interacting with the blockchain, marking a notable achievement for the community.

Celebration and Recognition from Shibа Inu Community

The community of Shibа Inu celebrated Shibarium reaching 2 million wallets, highlighting the growing interest in its ecosystem. Accounts such as Shibarium Updates took to social media to commend the community’s dedication and strength in achieving this milestone.

Record TVL and Rising Network Demand

Shibarium’s network now boasts over 2 million wallets and has processed more than 600 million transactions, reflecting its increasing popularity and activity levels. The network has witnessed a significant increase in transaction volumes, with an average of 4.735 million transactions processed daily.

Furthermore, Shibarium achieved an all-time high Total Value Locked (TVL) of $10.4 million on December 5, with K9 Finance DAO leading contributions. The network also experienced a 14.52% increase in user accounts in just one month, indicating a growing interest and participation in the ecosystem.

Continuous Growth and Success

Shibarium continues to thrive in the blockchain space, breaking records in transaction volumes, wallet numbers, and TVL. The network’s success can be attributed to its passionate community and robust ecosystem that support its growth and development.

As Shibarium maintains its momentum and achieves significant milestones, it solidifies its position as a major player in the crypto space, drawing attention from users worldwide.