Shibarium Beta Achieves Impressive Milestone, Surpassing 14 Million Wallets

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Shibarium Beta Achieves Impressive Milestone, Surpassing 14 Million Wallets

Last updated on May 18th, 2024 at 12:05 pm

Shibarium Beta is over 14 Million Wallets – This accomplishment suggests that extensive testing is taking place on the Shibarium beta network, and it may reflect the possible adoption rate of the Shiba Inu L2 network upon launch.

Shibarium, the Shiba Inu ecosystem’s layer-2 network solution, is making great progress throughout its beta testing period. Puppynet, the network’s beta version, just exceeded the 14 million wallet mark, just four weeks after the creators relaunched it with a new Chain ID.

According to Puppyscan, the designated Puppynet block explorer, the Shibarium beta network now has 14,061,584 wallets. The test network accomplished this accomplishment only a month after being redeployed on March 24.

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Remember that the number of wallets stood at 3,122,259 (3.12 million) on April 13, when the testnet returned from a 14-hour shutdown. Wallets on the test network have expanded by 350% in just nine days, according to the current figure of 14 million.

Furthermore, Puppynet has continued to show increases in other indicators. The total number of transactions on the network is now 4,552,506 (4.55 million), with a daily transaction count of 68,782 at the time of reporting. Furthermore, the total number of blocks handled by the network has climbed to 489,457. Despite the pressure, the network’s average block time remains at 5 seconds.

The noticeable increase in various metrics and performance indicators indicates that the Shibarium beta network is now undergoing extensive testing. These numbers may be indicative of the level of attention and interaction Shibarium may garner upon debut.

Meanwhile, Bone ShibaSwap (BONE), ShibaSwap’s governance token and Shibarium’s gas token, has seen increased attention. OKX has highlighted the asset as one of the meme tokens it may list, providing consumers the option of selecting one of five alternative tokens.

BONE has received the most votes so far, with 61% of respondents requesting that the item be listed ahead of others. Users have one day and 23 hours to vote before the polls conclude. Given this, OKX just acquired 1.7 million BONE, making it the 13th largest BONE holder.

Shibarium Beta price prediction

Shiba Inu (SHIB) is the 14th most valuable cryptocurrency on CoinMarketCap. Shiba Inu was priced at $0.000011 during the same period last week. It has changed -8.76% in the last week and is now worth $0.00001. In reality, SHIB has dropped by -3.13% in the last 24 hours. The cryptocurrency market is slightly negative. Long-term sentiment remains positive, and SHIB might reach $0.000033 in 2024.

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My name is Oklo Adiga and I am a blogger that loves writing. I am ambitious and driven, I thrive on challenges and constantly set goals for myself. Always feel free to reach out to me if you have any questions or if you just want to connect.