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TimesTabloid 2025-04-02 19:00:17

Shiba Inu’s Shibarium Hits Major Milestone in Record Time

Shiba Inu’s Layer-2 blockchain, Shibarium, has reached a significant milestone by processing over one billion transactions since its launch in August 2023 . This achievement highlights the network’s growing adoption and its ability to handle large-scale transaction volumes efficiently. On March 31, 2025, Shibarium officially recorded its one-billionth transaction, marking a major milestone in its development. The network achieved this feat in just 593 days, or approximately one year and seven months, making it one of the fastest blockchains to reach this benchmark. In comparison, Bitcoin, the world’s first and most established blockchain, took 15 years to surpass one billion transactions. This demonstrates Shibarium’s rapid adoption and the active participation of its user base. Despite experiencing technical setbacks in its early days, such as a temporary outage shortly after launch, the network has remained operational and continued to grow steadily. Daily Transaction Volume and Other Key Metrics Shibarium has maintained a high transaction volume , recently processing approximately 4 million transactions in a single day. As of now, the total number of transactions on the network stands at 1,001,311,027 (1.001 billion). In addition to transaction volume, other key metrics further illustrate Shibarium’s progress. The network has generated a total of 10,233,246 blocks, with an average block time of 5.0 seconds, ensuring fast and efficient processing. Furthermore, 193,929,845 blockchain addresses have interacted with the network, showcasing its widespread usage. Current Network Activity and User Engagement While the total number of registered accounts on Shibarium has reached 248,608, the number of actively engaged accounts has fluctuated. At present , only 917 accounts are active, representing a significant decline of 89.01% from the previous day’s total of 8,346 active users. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Despite this drop in active users, the overall transaction count and block production indicate that the network remains highly functional. The fluctuations in daily user activity may be influenced by various factors, including market conditions and evolving user behavior within the ecosystem. Future Prospects Shibarium’s ability to surpass one billion transactions in such a short period underscores its potential as a robust Layer-2 scaling solution for the ecosystem. With continued adoption and potential improvements to its infrastructure, the network could further solidify its position among leading blockchain platforms. Moving forward, it will be important to monitor how Shibarium maintains user engagement and continues to scale. The network’s rapid growth suggests it could play an increasingly significant role in blockchain adoption and decentralized finance applications in the coming years. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Shiba Inu’s Shibarium Hits Major Milestone in Record Time appeared first on Times Tabloid .

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