- Blockchain provider NOWNodes asserts Shibarium’s mainnet launch is closer than ever, potentially fueling exponential growth for Shiba Inu and its affiliate tokens.
- Shibarium aims to increase the efficiency and scalability of the Shiba Inu network by processing transactions off the main Ethereum blockchain.
The anticipation around the imminent launch of the Shibarium layer-2 solution continues to surge. NOWNodes, a top-tier blockchain infrastructure provider and Shibarium’s key partner, hints that the mainnet launch is within arm’s reach.
📣 As we stated a couple of weeks ago, our team entered Stage 3 of our Shibarium Roadmap. For now we've been focusing on onboarding project to build on Shibarium and… pic.twitter.com/PMvDmSEJcO
— NOWNodes ⛓️ (@NOWNodes) July 20, 2023
A Progressive Roadmap to Shibarium
The Shibarium team, presently in stage 3 of their detailed roadmap, is channeling their efforts towards attracting projects to build upon the Shibarium platform. The final leg of their roadmap encompasses forming partnership agreements and conducting rigorous stress and downtime tests, an aspect diligently managed by NOWNodes.
Eager to leverage the opportunity, NOWNodes has stated its readiness to be among the inaugural node providers for the Shibarium network once the terms are inked.
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“We’re prepared to announce our first official partner to integrate Shibarium RPC nodes as soon as the terms are finalized,”
declared NOWNodes on Twitter.
Shibarium, named after Shiba Inu’s native cryptocurrency, is conceived to amplify the scalability and transactional efficiency of the Shiba Inu network. Layer-2 solutions like Shibarium are a strategic move to offload transactions from the primary Ethereum blockchain— the foundation of SHIB— thereby accelerating transaction speed and reducing associated costs.
Impending Shibarium Launch Fuels Market Anticipation
As Shibarium’s official debut looms, expected in August, the market response has been substantial. Investors are amassing SHIB, the native token of the Shiba Inu cryptocurrency ecosystem, and its related tokens including BONE, LEASH, WOOF, and PAW, all of which have seen impressive gains in the recent weeks.
Despite the absence of a confirmed launch date, the anticipation surrounding Shibarium is palpable across the crypto community. As the Shibarium solution gets closer to going live, it remains to be seen how this novel development will catalyze the growth trajectory of Shiba Inu and its affiliate tokens.
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