Shiba Inu’s Layer-2 blockchain, Shibarium, is on the brink of a monumental achievement—1 billion total transactions. Data from ShibariumScan reveals the network has processed 992.5 million transactions, requiring just 8 million more to hit this historic mark.
Accelerated Growth and Network Expansion
A surge in daily transactions has propelled Shibarium closer to its milestone. Over the past 24 hours, transaction volume reached 3.84 million, reflecting heightened user engagement. Additional metrics show robust growth:
- Total blocks: 10,188,747
- Total addresses: 191,626,796
These figures underscore Shibarium’s adoption as a scalable solution within the Shiba Inu ecosystem.
Innovations Ahead: Shibarium as a Rollup Hub
Shibarium’s roadmap includes evolving into a modular rollup hub, enabling developers to launch custom Layer-3 rollups directly on the network. Key upgrades involve:
- BONE token utility: Acting as gas for rollups, elevating its role from utility to ecosystem backbone.
- Data availability: Shibarium will store and manage rollup data, ensuring seamless interoperability.
👉 Discover how Layer-2 solutions are transforming blockchain scalability
This architecture supports parallel chain operations while maintaining connectivity, aligning with Shibarium’s vision of a modular, multi-chain ecosystem.
SHIB Price Volatility Amid Market Shifts
Shiba Inu’s native token, SHIB, faced profit-taking pressures after a five-day rally. Key highlights:
- Peak price: $0.00001567 (recent high)
- Current price: $0.0000128 (3.61% decline in 24 hours)
- Weekly performance: +0.49% (gains nearly erased)
The dip reflects broader market volatility, with traders capitalizing on short-term gains.
FAQ: Shibarium and SHIB
Q: What is Shibarium’s primary function?
A: Shibarium is a Layer-2 blockchain enhancing scalability and reducing fees for Shiba Inu ecosystem projects.
Q: How does BONE token’s role expand with rollups?
A: BONE transitions from a utility token to the primary gas currency for Layer-3 rollups, increasing its demand.
Q: Why is SHIB’s price fluctuating?
A: Market cycles and profit-taking after rallies often lead to temporary pullbacks.
👉 Explore blockchain innovations like Shibarium
With 1 billion transactions imminent, Shibarium solidifies its position as a cornerstone of decentralized efficiency. Stakeholders await its next phase as both a transactional powerhouse and developer-friendly hub.
Note: All data reflects March 2025 metrics.