The Future of Shiba Inu (SHIB): What’s in Store?

Shibarium Exceeds 4 Million Transactions and 1.5 Million Blocks

Shibarium, the layer-2 blockchain for Shiba Inu, has achieved significant milestones, surpassing 4 million transactions and 1.5 million blocks, with nearly 1.3 million wallet addresses.

As CryptoPotato previously reported, the total number of blocks has already exceeded the 1.5 million level, whereas wallet addresses are inching towards 1.3 million. The network’s total transactions have surpassed the 4 million mark, marking a major achievement since its official launch in August this year.

Despite these achievements, Shiba Inu’s token price fell by 4%, reflecting the overall downtrend in the cryptocurrency market on November 21.

Shibarium Introduces Donation Feature

In addition to reaching these milestones, Shibarium has introduced a new feature called the “Donate functionality.” This feature allows users to contribute financially to non-profit validators who play a crucial role in maintaining the security and efficiency of the L2 network.

“In our continuous effort to foster a supportive and inclusive ecosystem, we have introduced an intuitive donation system enabling users to donate money seamlessly to their preferred non-profit validators. Our users can now support the sustenance and growth of these validators, bolstering the overall integrity and resilience of the Shibarium network,” the announcement reads.

For those interested in learning more about the layer-2 scaling solution and its specific purposes, a video is available here.

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J-S Tremblay
About the author - J-S Tremblay

I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...

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