TL;DR
- Shibarium, Shiba Inu’s layer-2 scaling solution, released a new update to improve user experience and platform speed.
Since its launch, the network has achieved notable milestones, including over 400 million transactions and a recent surge in daily transactions, which may positively impact SHIB’s price.
Shibarium Keeps Progressing
The Shiba Inu team, responsible for the development of Shibarium, their layer-2 scaling solution, announced an upgrade to its user interface (UI). This update is said to be “quicker, more seamless, and more accessible than before.” Additionally, they have broadened the UI’s compatibility with widely used self-custody wallets like MetaMask, Trust Wallet, Coinbase Wallet, among others.
The announcement states that we completely overhauled the platform with a focus on enhancing the user experience and improving speed.
Afterward, the team emphasized their work on making blockchain technology easier to use and more potent.
Shibarium’s Latest Milestones
Last year in August, the L2 blockchain solution for SHIB was formally introduced with the goal of improving the transactional scalability, efficiency, and functionality. Notably, it has surpassed several significant achievements recently, including reaching over 400 million total transactions and exceeding 4 million blocks on the network.
More recently, Shibarium has experienced a significant increase in daily transactions. Just a few days ago, this number reached close to one million, whereas at the beginning of April, it barely managed to exceed 15,000.
Some believe that further advancement of the Shibarium ecosystem could positively impact the price of Shiba Inu. Meanwhile, SHIB is up 5% daily following an overall revival of the market.
If you’re eager to discover more about the goals and details of Shibarium, please check out the video we’ve prepared specifically for that purpose below.
Read More
- WLD PREDICTION. WLD cryptocurrency
- BTC EUR PREDICTION. BTC cryptocurrency
- ZBC/USD
- Top gainers and losers
- MEME PREDICTION. MEME cryptocurrency
- PRMX PREDICTION. PRMX cryptocurrency
- AGLD PREDICTION. AGLD cryptocurrency
- Brent Oil Forecast
- PRISMA PREDICTION. PRISMA cryptocurrency
- ICP PREDICTION. ICP cryptocurrency
2024-04-19 21:04