Shiba Inu’s blockchain solution, Shibarium, experienced a remarkable 160% increase in the past 24 hours, signaling a noteworthy improvement in crucial statistics. As reported by Shibariumscan, the number of transactions on the network jumped dramatically to over half a million – 562,980 to be exact – compared to the 352,000 transacted earlier in the day. This uptick comes after a dip where transaction volume dropped significantly by around two-thirds (63.2%) from its previous high of 958,500 just two days prior.
Despite a recent decrease, Shibarium’s standing has been restored as its daily transactions have exceeded 500,000 once more in the most recent surge.
Since its debut in August 2023, Shibarium has witnessed a staggering 415 million completed transactions. Furthermore, an astounding figure of 100,000 unique accounts and 1.782 million distinct addresses have been registered on the platform.
Instead of the daily transaction numbers in Shiba Inu‘s network fluctuating greatly, most other metrics within this blockchain exhibit consistent and steady performance.
The unusual happenings on Shibarium can be viewed differently, but it’s clear that there is enthusiasm for the project. This is particularly noteworthy because it’s commonly believed that increased activity in a blockchain often signals significant price shifts for the tokens connected to its crypto community.
In light of the volatile situation at Shibarium, it’s intriguing to observe how SHIB and BONE may fare in the coming days.
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2024-04-18 17:17