Shibarium, the Ethereum-based Layer-2 scaling solution for Shiba Inu, is seeing a resurgence in adoption as 2025 begins. Current data highlights daily transaction volumes reaching 4.78 million, showing a steady recovery from December’s lows of 4.51 million on December 24 to 4.63 million on December 29.
If the current transaction rate holds steady, Shibarium could soon hit another significant milestone, reinforcing its position as a growing player in the blockchain ecosystem.
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Shibarium’s Strong 2024 Metrics Set the Foundation for Success
Looking at the success that Shibarium registered in 2024, it could be considered one of the best Ethereum Layer-2 solutions. Afterward, it reached the 671 million mark by mid-December, when the protocol had been live for over 18 months.
New information proves that Shibarium already has 740.95 million transactions. Currently, it is carrying out an average of 4.78 million transactions per day and, therefore, it is expected to complete over 750 million transactions in the next three days.
This achievement demonstrates Shibarium’s increasing adoption and utility within the decentralized ecosystem. While Base Network and Arbitrum continue to dominate the Ethereum Layer-2 space, Shibarium’s consistent transaction growth highlights its emergence as a noteworthy competitor.
Expanding Network Metrics Showcase Shibarium’s Growing Ecosystem
Beyond transactions, Shibarium has achieved additional milestones, producing over 8.72 million blocks with an average block time of five seconds. The protocol is anticipated to surge past the 9 million block mark in the coming weeks to display the speed at which it is achieving operations.
Further, the platform currently has more than 2.06 million wallet addresses, affirming the growing number of users and developers of the network.
Shibarium’s minimal gas fees, consistently less than $0.01, further enhance its appeal for developers and users seeking cost-effective transaction options. These factors underscore the protocol’s growing relevance within the Ethereum Layer-2 ecosystem.
Conclusion
Shibarium’s rise in daily transaction volume and growing adoption underscore its expanding influence in the blockchain sector. As it approaches significant milestones, the protocol is solidifying its position as a key player among Layer-2 scaling solutions.
This progress, coupled with its contribution to the broader Shiba Inu ecosystem, signals continued growth and potential for the future of decentralized technologies.
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