Crypto: Transactions on Shibarium up by 209% – Shiba Inu surges!

In the turbulent world of cryptocurrencies, Shibarium, the Layer 2 scaling solution for Shiba Inu (SHIB), is making headlines. In just one week, transactions on Shibarium have skyrocketed, going from 6,000 to 18,560, a staggering increase of 209%. The recent hard fork of Shibarium on the main network has boosted the protocol. Loyal traders of SHIB crypto, the future looks promising!

Shibarium is breaking records again

In the turbulent world of cryptocurrencies, Shibarium, the Layer 2 scaling solution for Shiba Inu (SHIB), is making headlines as it did last December. In just one week, transactions on Shibarium have skyrocketed, going from 6,000 to 18,560, a staggering increase of 209%, reports U°Today. The Shiba Inu community is jubilant.

The secret to this success? The recent hard fork of Shibarium on the main network, a real boost for this Ethereum Layer 2 protocol. With this transaction boom, Shibarium now dreams of breaking records and aims for 420 million total transactions. Certainly, the goal is ambitious, but the stars seem to be aligned.

Meanwhile, ShibaSwap, the decentralized exchange of the Shiba Inu ecosystem, has migrated to Shibarium. A real turning point that could redefine the dynamics of memecoins. In short, Shiba Inu is not done surprising us.

Rise of Shiba Inu’s Crypto

Shiba Inu continues to nip at the market’s heels. Amidst the bullish frenzy, the price of SHIB climbs 6.88% in 24 hours, reaching $0.00002568. The momentum is set, and optimism is in the air.

That’s not all. As a crypto anchored in the Ethereum ecosystem, Shiba Inu could ride an even higher wave. The United States Securities and Exchange Commission (SEC) might approve a spot ETH ETF product, with the chances jumping from 25% to 75% according to Bloomberg ETF. A potential boost for ETH that could also uplift SHIB crypto.

The approval of this ETF could strengthen ETH, and by extension, Shiba Inu. Thus, the little canine coin could see its price soar even higher. In short, Shibarium and ShibaSwap are just the beginning of the party for SHIB holders.