In a remarkable turn of events, Shibarium, the highly anticipated layer-2 solution for Shiba Inu, has taken the crypto world by storm, achieving remarkable milestones less than a fortnight after its mainnet launch. The explosive surge in interacting wallet addresses on the Shibarium mainnet is particularly interesting.
The data extracted from the Shibariumscan explorer has revealed an impressive count, with interacting wallet addresses soaring past an astonishing 48,000. This count has surged from an earlier estimate by Shiba Inu influencer SHIB GUY, who recently reported approximately 47,369 wallets. Astoundingly, over a thousand new addresses were added in just hours. As per reporting time, wallet address reachers at 50,134. Such rapid growth has fueled speculations of an imminent climb to the monumental 100,000 threshold in the coming days.
Beyond the remarkable growth in interacting wallets, Shibarium has also demonstrated remarkable transaction count and block production performance. The mainnet has witnessed a total transaction count of 131,828 while the number of produced blocks stands impressively at 284,012, maintaining an average block time of a mere five seconds. A notable highlight was the recent pinnacle of daily transactions, breaching the astounding threshold of 100,905.
This monumental achievement comes barely two weeks after it debuted on the mainnet stage. Launched amid the enthusiasm of the Blockchain Futuristic Conference in Toronto, Canada, on August 16, 2023, Shibarium did encounter initial technical hiccups that momentarily halted block production. Despite these challenges, the layer-2 blockchain has swiftly surged ahead, showcasing jaw-dropping stats that have left the community in awe.
Shibarium’s Strong Response And Growth Trajectory
The proactive development team has responded robustly, integrating crucial features to ensure Shibarium’s resilience against technical glitches during high-traffic periods. Noteworthy enhancements include monitoring mechanisms and automated server reset functionalities devised to preempt any recurrence of prior issues.
With current trajectory of stellar performance, it seems only a matter of time before the mainnet eclipses its testnet records. Statistics from Puppyscan unveil a staggering tally of over 17 million wallet addresses connected to Shibarium Beta, Puppynet. Furthermore, the block production count on Puppynet registers an impressive 2,219,724, maintaining an average block time of 9.8 seconds.
Meanwhile, Lucie, a notable crypto industry personality and Shiba Inu’s marketing specialist has revealed fascinating details about BONE token staking. An impressive 15.3 million BONE tokens have been staked, reflecting strong market participation. Lucie explained the Ethereum-based staking process, eliminating the need to bridge tokens onto Shibarium. She also discussed BONE delegation intricacies, offering valuable insights to eager Shibarium users.
As Shibarium’s meteoric rise continues to captivate the crypto realm, the digital finance community remains riveted, eager to witness the unfolding of this revolutionary layer-2 solution’s potential and the transformative impact it may have on the broader blockchain landscape.
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