Shibharium, a layer 2 blockchain solution from Shiba Inu, was released on August 16, 2023. However, as soon as users started swarming the platform, there were technological issues. Therefore, it must turn around and rebuild the launch. On August 28, 2023, the solution finally became operational. Less than two months have passed, and Shibarium appears to be operating at its peak efficiency. The fact that user activity has increased in every way is proof of this.
For instance, the total number of blocks has surpassed 1.08 million, while the number of transactions has surpassed 3.4 million.
This is predicated on a rise in the number of active accounts on the platform rather than a stay in the number of accounts. It increased by 44.96% from 498 to 783. The increase happened in just one week. The record for the number of first highest active accounts is 1,343, and it dates back to September 11, 2023. Simply expressed, the figure reached its highest point in mid-September. Not the same time period. Nevertheless, as more individuals sign up, the numbers are growing at a respectable average rate.
On the platform, Shibarium has about 26,920 accounts that have been registered. At the time of the last count, 96 new accounts had been created, an increase of 190.9%.
Closer to 3.4 million transactions were made overall. The milestone of processing 3,396,254 transactions successfully is just 3,746 transactions away. Although the total transaction value is not yet known, it has been made known that the transactions include, among other things, token transfers and contract calls.
The average number of transactions each day is 10,500. This is a portion of what the community needed because, as of September 12, 2023, there will be more than 200,000 people. Record-breaking numbers have been set for both wallets and blocks.
More than 1.25 million addresses interacted with wallets, according to Shibarium. Shibarium contains 1,253,566 wallet addresses that are actively communicating with the system. At the time this piece was being articulated, 1.08 million blocks had already been made, with an average block time of 5 seconds. There are 1,083,150 blocks in the L2 blockchain solution.
The native token has benefited from development and expansion. The last time SHIB was traded, it was for $0.000006815. It has dropped by 0.29% during the past 24 hours, and experts think the price is essentially same. The SHIB price forecast offers some cause for optimism by pointing out that the token may reach $0.0000220 by the end of the year.
There are now only 27 million BONE assigned to the network. The total number of BONE stakes is currently 25.98 million. The figure pertains specifically to Bone ShibaSwap tokens (BONE) as of September 14, 2023.