HomeNewsShibarium Milestone: 2.5M Transactions and 27M BONE Tokens Staked by Users

Shibarium Milestone: 2.5M Transactions and 27M BONE Tokens Staked by Users

- Advertisement -
  • Shibarium’s transaction count rockets to over 2.5 million, with a 24.66% surge in less than three days.
  • Users have staked an impressive 27.12 million BONE tokens on the network.

Drawing from data sourced from the Shibarium explorer and its record of Daily transactions, Shibarium, the Layer-2 blockchain of Shiba Inu, has been making waves in the crypto space recently.

Rapid Growth in Shibarium’s Transaction Count

In a noteworthy development, the transaction count on Shibarium crossed the 2.5 million mark, currently resting at 2,562,586. What makes this achievement particularly striking is the fact that it comes hot on the heels of the platform reaching the 2 million milestone just three days prior. Within a mere 72-hour window, the platform saw a growth spurt of 24.66%, adding 562,586 transactions.

Daily Transactions Maintain Strong Momentum

Delving deeper into daily figures, Shibarium has maintained an average of around 200K transactions daily. Shibariumscan data indicates that on September 11th, the Layer-2 network witnessed a high of 202.94K transactions. Even though there was a slight dip to 195.76K the next day, the transactions are still holding strong, currently measured at 200.88K.

Shibarium’s Other Achievements

Beyond transaction numbers, Shibarium has been excelling in various other metrics as well. Wallet addresses on the platform have reached 1,245,826, while the total block count stands at 626,769. To provide a comparison, just a day before, on September 12th, these figures were at 1,125,968 wallet addresses and 588,356 total blocks, respectively.

Surge in BONE Tokens Staking

Shibarium’s offerings extend beyond just transactions and blocks. There’s been a remarkable uptick in the number of Bone ShibaSwap (BONE) tokens being staked on the platform, exceeding the 27 million mark. Presently, users have staked 27,121,444.5379 BONE tokens, which translates to a value of $22.51 million. It’s also notable that these tokens are spread across the platform’s 12 available validators, with Unification leading the pack, holding 5.33 million BONE tokens.

Furthermore, since its public reintroduction on August 28, Shibarium has garnered widespread adoption. This successful relaunch came after the platform had previously entered a fail-safe mode shortly post its initial launch. The Shibarium team, however, has since rectified the technical setbacks, ensuring a seamless experience for users since its public comeback.

Disclaimer: ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Marcel Knobloch
Marcel Knobloch
Marcel is the managing partner of ETHNews and is also known as Collin Brown in the crypto community. He is a seasoned Bitcoin investor who entered the crypto scene during its early stages and has since become a veteran trader in both the cryptocurrency and forex markets. His journey began in 2012 when he made his first investment in Bitcoin, marking the beginning of his deep-rooted passion for blockchain technology and digital assets. With a mission to demystify the intricacies of blockchain for the masses, Marcel endeavors to bring the world of cryptocurrencies closer to everyone. His insightful reports are dedicated to shedding light on the latest developments and innovations within the realms of Bitcoin, Ethereum, Ripple (XRP), IOTA, VeChain, Cardano, Hedera, and numerous other cryptocurrencies. Marcel's in-depth analysis and commitment to providing accessible information make him a trusted source for both novice and experienced crypto enthusiasts. Marcel's academic background includes a Master's Degree in Business Education, which has equipped him with a solid foundation in financial markets and investment strategies. Over the past decade, he has amassed invaluable experience working with various startups across the globe, enriching his knowledge and understanding of the ever-evolving cryptocurrency landscape. With his wealth of expertise and dedication to empowering others with crypto knowledge, Marcel continues to be a driving force in the cryptocurrency community. Business Email: marcel.knobloch@hotmail.com Phone: +49 160 92211628