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Shibarium Rebounds, Network Grows Threefold in 24 Hours

8M ago
bullish:

2

bearish:

0

Shibarium
  • After a shaky launch, Shiba Inu’s layer-two protocol, Shibarium, has initiated a resurgence.
  • The number of addresses on Shibarium surged from 100,000 to over 300,000 in 24 hours.
  • Average block time on Shibarium is 5.1 seconds, according to the network’s explorer.

After a shaky launch, Shiba Inu’s layer-two protocol, Shibarium, has initiated a resurgence. Following the glitch encountered after launching the beta version, Shibarium developers announced steps taken to resolve the issue. Nearly two weeks later, Shiba Inu’s Lead Developer, Shytoshi Kusama, informed the project’s community that the network was back.

Shibarium has displayed impressive behavior since the network returned to life. Specifically, the layer-two network has shown a significant resurgence in the past 24 hours. According to data from the network’s explorer, the number of addresses on Shibarium surged from 100,000 to over 300,000 in the past 24 hours. That marks a rapid rate of adoption from members of the crypto community, not minding the hitches of the past.

The blockchain network’s impressive …

The post Shibarium Rebounds, Network Grows Threefold in 24 Hours appeared first on Coin Edition.

8M ago
bullish:

2

bearish:

0

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