Shibarium Records Huge Mainnet Milestone, Crosses 500 Million Transactions

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Shibarium, the Ethereum-based Layer-2 scaling solution backed by the Shiba Inu (SHIB) ecosystem has recorded a huge mainnet milestone. According to data from the Shibarium scan, the total transactions processed on the platform has crossed the 500 million milestone. Notably, Shibarium got a major boost less than a month ago when Shiboshi-linked NFT update triggered enhanced ecosystem adoption. While Shiba Inu price failed to move in line with this news as expected, however market trends and updates might help reboot SHIB price soon.