Shibarium, a powerful layer 2 network in the ecosystem Shiba Inu (SHIB) recently reached an impressive new milestone. Shiba Inu's Layer 2 solution has reached a milestone related to its transaction throughput.
Shared data by the Shibariumscan highlighted that Shibarium experienced a great achievement by managing to surpass 411 million transactions. Currently, in total, the network has processed 411.106.712 transactions.
In recent days, more than 3 million transfers have been added to the network. The survey also revealed that the level of daily transactions achieved is 1,03 million.
The new milestone for SHIB's powerful layer-2 network comes as the Shiba Inu cryptocurrency has seen a notable drop in its price over the past 24 hours.
At the time of publication, the Shiba Inu price was quoted at US$0,00002809, down 1.2% in the last 24 hours. During this period, SHIB had a trading volume of US$1.360.253.770. In the last seven days, the Shiba Inu price has recorded a drop of 18.5%.
It is worth remembering that, recently, the meme cryptocurrency Shiba Inu (SHIB) attracted attention in the market amid its impressive rise in the last month, standing out in last week's bullish rally.
The recent very significant SHIB price rise was driven by several factors, including the effort of its community in an attempt to reduce its supply in circulation through the burning of tokens.
On the rise, Shiba Inu has stood out in the market given recent highs this month. After standing out in the market with impressive increases last week, the Shiba Inu price has shown a notable decline in recent days. Even with the drops, the token has experienced a price increase of 184.5% in the last 30 days.
The Shiba Inu cryptocurrency has been standing out as one of the rising stars, driven by the growing optimism of its layer 2 Shibarium, entering new heights and with greater development in its ecosystem.