Shiba Inu’s highly acclaimed blockchain venture, Shibarium, has witnessed a remarkable surge, amassing nearly 3 million transactions in a mere month. Shibariumscan data has unveiled this astounding achievement, showcasing that the layer-2 protocol has executed a staggering 2.90 million transactions, with less than a 5% gap to reach a new all-time high. The scaling solution has been steadily amassing a substantial and devoted following due to its impressive resurgence in the crypto world.
Within a week of its relaunch, Shibarium registered an astonishing 600,000 wallets, a number that swiftly escalated to 1 million in the subsequent weeks, demonstrating its unwavering resilience and appeal. While Shibarium has been triumphant in terms of adoption, there are ongoing dialogues and apprehensions concerning the potential escalation of gas fees. This concern is particularly pertinent when contemplating its potential repercussions on the adoption and valuation of Shiba Inu.
Currently, transaction fees on Shibarium are almost inconsequential, but there is a looming prospect of these fees surging as usage continues to grow. Lucie, the marketing luminary of Shiba Inu, encouraged the community to embrace the layer 2 and actively engage with it to contribute to token burns. She also aimed to dispel the misconception that SHIB burns are solely the responsibility of developers, stressing that it’s a collaborative endeavor within the community.
The Shibarium community members would stand to win by actively leveraging the platform to initiate token burns, leading to the reduction of tokens in circulation and consequently increasing their value for all token holders.
Shiba Inu Firm Release RPC Nodes For Developers
Lucie also underscored the secure asset storage options available within Shibarium, drawing comparisons with traditional exchanges. With a focus on her own use of Opensea, she warmly invited them to explore the possibility of integrating Shibarium, thereby expanding the ecosystem’s reach.
In a related development, NOWNodes, a prominent blockchain infrastructure company, has recently introduced the Shibarium RPC Full Node, specifically tailored for Shiba Inu’s layer-2 network. An RPC Full Node serves as a developmental environment that simplifies direct interaction with a blockchain.
NOWNodes has expressed that this innovative tool will open up limitless opportunities for developers and cryptocurrency entities seeking to build on Shibarium. The company had previously voiced its support for SHIB’s layer-2 network back in February of this year.