Krutika Adani
The Layer-2 blockchain of the popular meme coin Shiba Inu has achieved a major milestone—processing over 1 billion transactions since its launch in 2023.
Shibarium, introduced in August 2023, has seen rapid adoption, surpassing 1 billion transactions in under two years. It processes an average of 4 million transactions daily.
Shibarium reached this milestone much faster than major blockchains like Bitcoin, which took 15 years to hit 1 billion transactions.
The network boasts over 193 million blockchain addresses, showcasing strong user engagement and increasing adoption within the crypto community.