Shibarium Network Activity Soars as New Users Join In
Adekunle Joshua
Shibarium, the Layer 2 solution for Shiba Inu, has witnessed substantial expansion in both user base and transaction volume
The platform saw a remarkable surge of over 250% in new accounts, totaling 1.35 million wallets, and facilitating 335 million daily transactions
This coincides with Shibarium undergoing technical developments that are attracting developers' interest
Additionally, the automatic SHIB burning and much-anticipated 'massive updates' promise further enhancements and a potential reduction in supply
As per technical analysis, SHIB's price is showing bullish momentum, with strong support holding at $0.00000831