Shiba Inu finds itself at a captivating crossroads, with Shibarium achieving unprecedented milestones and broadening its functionality. According to the most recent data available, the layer-2 solution has notched up an impressive 5 million transactions, with a current daily average of 748K transactions. Since its launch towards the end of August, this scaling protocol has consistently shattered records, establishing new benchmarks in the process. The network’s resilience and scalability are evident as the total number of blocks on the network significantly exceeds 1.5 million.
Simultaneously, the number of wallet addresses is steadily approaching the 2 million milestone, signaling a growing adoption and active participation in the Shiba Inu ecosystem. Several prominent entities in the blockchain realm have stepped forward to endorse the L-2 solution. Not long ago, DEX CoinMerge announced numerous collaborative initiatives, including providing free Shibarium blockchain data to developers for a span of six months.
Notably, CoinMerge had previously listed BONE on its platform, designating it as the inaugural asset to leverage the newly updated features such as GIGA charts and an asset tracker. Underlining its heightened commitment to Shiba Inu, CoinMerge has laid out plans to transition its entire operations to Shibarium, the cryptocurrency’s Layer 2 scaling solution.
In a similar vein, Bad Idea AI, a project partner of Shiba Inu, has unveiled an enticing proposition for the BAD and SHIB communities in partnership with BitMart. The Bad Idea AI [BAD] project, affiliated with the Shibarium network, has communicated an offer to the BAD and SHIB communities, inviting them to participate in a flash sale of a novel interest yield product named Fixed Savings, introduced by BitMart crypto exchange.
300B Shiba Inu Shuffle Spooks Community
The limited-time “flash sale” for the BAD Fixed Savings project commenced on November 30 at 8:00 p.m. UTC, as per the tweet. Interested users were encouraged to lock a specific amount of BAD for 30 days to receive an attractive APY of 90%.
Meanwhile, the Shiba Inu community experienced a moment of unease as unidentified large holders initiated a substantial transfer of 300 billion Shiba Inu tokens from Binance. A closer examination of the wallet’s past transactions unveils a consistent pattern of sizable acquisitions from Binance over the course of several weeks, indicating a deliberate and strategic approach to accumulation.