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Shiba Inu Layer 2 blockchain solution Shibarium has seen an extraordinary surge in key metrics, with daily transaction volume increasing by 825% in the past 24 hours. Data from Shibariumscan shows that transaction volume has increased significantly, with single-day transaction volume soaring from 8,060 to 66,880, setting a new record for the highest single-day transaction volume in the past five days.
The surge in activity extends beyond transaction volumes. The number of active accounts participating in the network has also grown significantly, from 714 to 898, an increase of 25.77%. Currently, the total number of accounts on the Shiba Inu network reaches an astonishing 67,626, and the cumulative number of transactions reaches 410.93 million. .
Additionally, the network’s total value locked (TVL), a key metric in the blockchain space, has surged 11.5% to an impressive $3.77 million, according to DefiLlama. 5
