Shibarium’s transaction count has exceeded 1.5 billion, supported by daily activity that consistently remains above three million since July.
The network now records over 12.48 million blocks, with a stable block time of five seconds, reflecting consistent operational performance.
Shiba Inu’s price increased by 8.88% in the past week, with current trading volume at $214.93 million despite a recent decline.
Shibarium, the layer-2 blockchain linked to Shiba Inu, has reached a total of 1,502,415,908 transactions, according to data from Shibariumscan. This milestone reflects a steady increase in user activity on the network over recent months.
Since July, Shibarium has maintained daily transaction counts in the millions, with activity staying above three million per day. This consistent usage has been a key driver in reaching the 1.5 billion total transaction mark in a relatively short timeframe.
Network Growth Evident in Block and Address Data
The network has now processed 12,482,386 blocks, maintaining an average block time of five seconds. Less than a month ago, Shibarium surpassed 12 million blocks in total, highlighting sustained growth in its operations. Additionally, the platform has recorded 267,865,467 addresses, contributing to its increasing transaction volume.
As of August 9, Shibarium processed 4.69 million transactions in a single day, showing continued engagement from its user base. The consistent daily activity indicates growing adoption within the broader Shiba Inu community and the crypto market at large.
Alongside the surge in usage, Shibarium has updated its documentation portal. The improvements aim to create a more user-friendly space for developers, centralizing resources and simplifying access to information. This update is expected to support further activity on the network.
SHIB Market Performance Benefits from Network Momentum
Shiba Inu’s token has recorded an 8.88% increase in price over the past seven days, reflecting the positive sentiment around Shibarium’s progress. At the time of reporting, SHIB is priced at $0.00001336, representing a slight 0.17% gain in the last 24 hours. According to CoinMarketCap, however, trading volume stands at $214.93 million, down by 29.72% from earlier levels.
