{"id":55975,"date":"2025-04-01T10:24:14","date_gmt":"2025-04-01T10:24:14","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=55975"},"modified":"2025-04-01T10:24:14","modified_gmt":"2025-04-01T10:24:14","slug":"1-billion-and-counting-shiba-inus-shibarium-reaches-a-major-milestone","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=55975","title":{"rendered":"1 Billion and Counting: Shiba Inu\u2019s Shibarium Reaches a Major Milestone"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Shibarium has surpassed one billion total transactions, drawing praise from key team members for the community\u2019s contribution.<\/span>
\nThe milestone coincides with SHIB\u2019s resurgence, whose price has spiked by more than 5% on a daily scale.<\/p>\n

<\/a><\/span><\/h2>\n

The Huge Achievement<\/h2>\n

While Shibarium (Shiba Inu\u2019s layer-2 scaling solution) stalled its activity at the beginning of March, it witnessed a significant revival lately.\u00a0<\/span>In the last several days, the <\/span>processed<\/span> daily transactions were in the millions, thus <\/span>boosting<\/span><\/a> the number of total transactions beyond the milestone of one billion.<\/span>\u00a0<\/span><\/p>\n

Prominent Shiba Inu team members noted the achievement, expressing gratitude to everyone who contributed. LUCIE \u2013 Shibarium\u2019s marketing strategist \u2013 was among those:<\/span><\/p>\n

A huge shoutout to our incredible devs, all the amazing Shibarium builders, and a special BIG shoutout to @woofswap<\/a>!<\/p>\n

Your contribution to this milestone has been massive, and your daily dedication is truly unmatched.<\/p>\n

We see you\u2014and we appreciate you! pic.twitter.com\/0ktkhdzQOj<\/a><\/p>\n

\u2014 (@LucieSHIB) March 31, 2025<\/a><\/p>\n\n

Shibarium <\/span>is specifically designed<\/span> to enhance the Shiba Inu ecosystem. It aims to improve transaction speed and costs, expand utility, and incorporate a token-burning mechanism. <\/span>As such, some industry participants believe the protocol\u2019s further development could <\/span>have a positive influence on<\/span> the SHIB price.<\/span><\/p>\n

Earlier this year, the popular Bitcoin advocate Jeremie Davinci envisioned<\/a> a remarkable rally for Shiba Inu if Shibarium\u2019s adoption picks up:<\/span><\/p>\n

\u201cI like Shiba Inu, as you know, and <\/span>I think<\/span> it will do relatively well in this cycle, but it may not go as high as you expect.<\/span> I think Shiba Inu has a lot of utility now that they have Shibarium, and basically, it\u2019s a chain that you can\u00a0<\/span>actually<\/span> run all kinds of applications.<\/span><\/p>\n

However, nobody is using it, and there are no applications for using your tokens on Shibarium yet. If they get that solved, Shiba Inu will go to the moon.\u201d<\/span><\/p>\n

SHIB Enters Green Territory<\/span><\/h2>\n

Shibarium\u2019s latest milestone aligns with a significant resurgence for Shiba Inu, whose price has jumped by 5.5% <\/span>daily<\/span> while its market capitalization surged past $7.5 billion. Thus, the asset solidified its presence in the top 20 <\/span>club<\/span> and is, in fact, the best performer on that list today (April 1).\u00a0<\/span><\/p>\n

<\/a>SHIB Price, Source: CoinGecko<\/p>\n

Meanwhile, SHIB\u2019s exchange <\/span>netflow<\/span> in the past week suggests the bullish momentum could reign a bit longer. According to CryptoQuant\u2019s data, more tokens have been <\/span>withdrawn<\/span><\/a> from centralized platforms than deposited, signaling that investors are moving their assets to self-custody. This trend typically reduces the immediate selling pressure.<\/span><\/p>\n

The post 1 Billion and Counting: Shiba Inu\u2019s Shibarium Reaches a Major Milestone<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Shibarium has surpassed one billion total transactions, drawing praise from key team members for the community\u2019s contribution. The milestone coincides with SHIB\u2019s resurgence, whose price has spiked by more than 5% on a daily scale. The Huge Achievement While Shibarium (Shiba Inu\u2019s layer-2 scaling solution) stalled its activity at the beginning of March, it […]<\/p>\n","protected":false},"author":0,"featured_media":55976,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-55975","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/55975"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55975"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/55975\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/55976"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}