Shiba Inu’s layer-2 scaling protocol, Shibarium, has triumphantly surpassed a significant milestone by clocking over 100 million transactions. This noteworthy achievement prompted enthusiastic acknowledgments from SHIB marketing specialist Lucie and lead developer Shytoshi Kusama, expressing joy and pride in the new feat. Delving into the statistics, the Shiba Inu trifecta tokens, namely BONE, SHIB, and LEASH, collectively associated with Shibarium, have collectively powered this impressive transaction count.
The protocol has been registering a consistent surge, particularly in recent days, where daily transactions have consistently exceeded 7.5 million. The most recent weekend witnessed a remarkable spike, with an additional 30 million transactions propelling the cumulative count beyond the 100 million mark since the protocol’s inception three months ago.
Shibarium’s giant strides are further emphasized in the 12th edition of SHIB magazine, which highlights the influx of new participants, with over 30,000 fresh accounts created within the past five days alone. This surge brings the total account count to an impressive 52,000, showcasing a steady upward trajectory in user engagement.
The heightened activity coincides with an imminent release on the main network scheduled for later this year. As a strategic move toward continuous innovation, the Shibarium team has announced the retirement of Puppynet on December 15th. This marks the prelude to an upcoming upgrade slated for release in January, underscoring the project’s unwavering commitment to progress and development.
Shiba Inu Goes Live On Coincheck
In parallel developments, Coincheck, a prominent Japanese exchange, has expanded its roster of supported crypto assets by incorporating SHIB into its offerings. This development enables Coincheck users to seamlessly engage in buying, selling, sending, and receiving the Shiba Inu-themed token.
Additionally, the trading firm has ambitious plans to extend its support for Shiba Inu by incorporating it as a payment currency on its NFT marketplace. Users leveraging SHIB on the Coincheck NFT marketplace gain the ability to make payments for a diverse array of digital collectibles using the canine-inspired token.
To ensure a seamless trading experience, Coincheck advises users to update their trading app to the latest version, as the accurate price of Shiba Inu may not be displayed without the update. This proactive approach aims to enhance the user experience and maintain accurate asset valuations within the CoinCheck ecosystem.