The Shiba Inu ecosystem takes again once again, because the layer 2 blockchain shibarium experienced a 54% peak in the last 24 hours. Daily transactions increased from 2.01 million to 3.1 million, which indicates growing interest and commitment to the Shibarium network.
In tandem with the transaction jump, the total addresses of Shibarium reached a new summit of 204,182,966, indicating an increasing interest and participation of the users.
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Other shibarium measures also show an increase. Since the most recent count, the Shibarium network had carried out 1,133,559,932 transactions in total. The recent increase in daily transactions has contributed to this increase. The total blocks exceeded 10 million, with the most recent figure at 10,791,495.
The burning rate Shiba Inu jumps 22,598%
Not only have shibarium transactions increased, but the shib burning rate increased by 22,598%, with millions of tokens withdrawn from traffic. According to Shibburn, 25,770,312 Shib have been burned in the last 24 hours, marking an increase of 22,598.92% of the daily burning rate.
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The increase in the burning rate of tokens coincides with an increase of 54% of transactions on Shibarium, the blockchain of layer 2 of Shib, highlighting an increased activity in the Shiba Inu ecosystem. In the past seven days, a total of 337,663,581 sombings had been burned, which means a 297% increase in weekly burning rate.
Meanwhile, the price of Shiba Inu has not yet equaled the increased activity in its ecosystem, with its price stuck in a fork. After reaching a summit of $ 0.0000,1525 on April 26, Shiba Inu refused to trade in a range.
At the time of writing the time of the editorial staff, SHIB dropped by 2.5% in the last 24 hours to 0.00001231 and down 6.8% per week, reflecting the current profit on the cryptography market.
