SHIB New Record: Shibarium Surpasses 20 Million Transactions

• Shibarium Beta exceeds 20 million transactions.
• The network’s daily transaction volume stands at 491,994 on average.

Puppynet, the Shibarium Beta Testnet, has witnessed a substantial rise in transaction volume in the past month. The latest reports indicate that Puppynet, the Shibarium beta, has reached a significant achievement by processing a total of 20,514,524 (20.51 million) transactions. Daily, the network handles an average of 491,994 transactions.

Despite experiencing a surge in activity, Puppynet remains resilient with an average block time of 5 seconds and a substantial number of 16,730,266 (16.73 million) registered addresses. The rising popularity of BONE (Bone ShibaSwap), the native gas token of Shibarium, has caught the attention of exchanges. Unocoin, a major cryptocurrency exchange in India, has recently introduced support for BONE on its platform.

The Shiba Inu community, filled with anticipation for Shibarium’s mainnet, now faces uncertainty due to recent updates. LucieSHIB, a prominent figure in promoting Shiba Inu, initially stated that the highly awaited mainnet would be launched sometime in the second or third quarters of 2023.

Shiba Inu is currently at $0.000006631, with a trading volume of $113,121,125 in the past 24 hours. CoinMarketCap indicates a decrease of 1.59% in SHIB’s price during this period.

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