Close Menu
Crypto Chain Post
    Trending

    Shiba Inu Price Signals 28% Crash After Bearish Pattern Breaks

    June 7, 2025

    A Steam Deck Rival That Supports Crypto Games

    June 7, 2025

    Report: ‘Bitcoin Family’ Ditches Hardware Wallets for Steel Seeds After Global Crypto Kidnapping Scare

    June 7, 2025

    Bitcoin Golden Cross Pattern Says The Crash To $100,000 Is Normal – What To Expect Next

    June 7, 2025

    Cardano Governance Vote Goes Live—DReps and ADA Holders Asked to Weigh In

    June 7, 2025
    Facebook X (Twitter) Instagram TikTok Telegram
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    Saturday, June 7
    Crypto Chain Post
    Price Index Newsletter
    • Home
    • News
      • Bitcoin
      • Ethereum
      • Altcoin
    • Blockchain
    • Markets
    • NFTs
    • DeFi
    • Web3
    • Analysis
    • Metaverse
    • Resources
      • Price Index
      • Crypto Heatmap
      • Glossary
      • Exchange
      • Economic Calendar
    • More
      • GameFi
      • ICO
      • Legal
      • Security
    Crypto Chain Post
    Home » Shibarium Transactions Shockingly Soar 1,013%, What’s Happening?
    Altcoin

    Shibarium Transactions Shockingly Soar 1,013%, What’s Happening?

    News RoomBy News RoomJune 7, 2025No Comments2 Mins Read

    Shibarium, Shiba Inu’s layer-2 blockchain, has registered a staggering spike in daily transactions. The daily transaction count soared from 63,180 to over 700,000 as users increased their activities in the ecosystem.

    Shibarium transaction volumes explode as user activity spikes

    According to data from Shibariumscan, the total number of transactions registered on June 5 stood at 710,280. The spike followed a total transaction of 63,180 on June 3, 2025. The staggering 1,013% surge signals increased user engagement with Shibarium.

    Major on-chain developments could have triggered the spike as the ecosystem gained traction due to growing addresses. Notably, Shibarium addresses have grown to 263,766,738, and the number of daily transactions has steadily increased.

    In the last 48 hours, an additional 1.89 million transactions have occurred after U.Today reported Shibarium flipping the 1.2 billion transaction mark. Shibarium currently has 1,202,123,654 transactions, a significant rise from the previous 1,200,232,125 transactions recorded this week.

    The increased ecosystem activity on Shibarium is expected to positively improve the value of SHIB and other tokens in the Shiba Inu space.

    However, as of press time, the SHIB price was changing hands at $0.00001228, representing a 3.99% decline in the last 24 hours. Meanwhile, user engagement has increased trading volume by 78.56% to $261.8 million.

    Shibarium developers in spotlight

    In the Shibarium ecosystem, developers and high-volume users have recently been urged to run their nodes. This development follows a Shibarium update introducing rate limits on public Remote Procedure Call (RPC) endpoints.

    The move aims to ensure more decentralization, ensure that the network functions more efficiently and make it more difficult to shut down. Aside from independence, it also guarantees the network’s security.

    With the recent spike in daily transaction count and increased user engagement, community members anticipate that the development would lead to price gains for SHIB, which has struggled unsuccessfully to rebound to $0.0000130.

    Read the full article here

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related News

    Cardano Governance Vote Goes Live—DReps and ADA Holders Asked to Weigh In

    June 7, 2025

    Tether CEO Makes Support Statement

    June 7, 2025

    Deutsche Bank Considers Stablecoin or Joining Industry-Led Initiative, Exec Says

    June 7, 2025

    Mirana Ventures Transfers Massive $21.45M to Binance

    June 7, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top News

    A Steam Deck Rival That Supports Crypto Games

    June 7, 2025

    Report: ‘Bitcoin Family’ Ditches Hardware Wallets for Steel Seeds After Global Crypto Kidnapping Scare

    June 7, 2025

    Bitcoin Golden Cross Pattern Says The Crash To $100,000 Is Normal – What To Expect Next

    June 7, 2025
    Advertisement
    Demo
    Crypto Chain Post
    • Home
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    © 2025 Crypto Chain Post. All Rights Reserved.

    71-75 Shelton Street, Covent Garden, London United Kingdom, WC2H 9JQ

    Type above and press Enter to search. Press Esc to cancel.