Shibarium Network Hits 300 Million Transactions

Adekunle Joshua

Despite a general market dip, Shibarium's transaction count, new blocks, and TVL have remained steady or increased.

SHIB is currently at a major turning point, sitting on an ascending trendline, with the potential for a 70% rally if the trendline holds.

Robinhood's significant SHIB purchase signals strong institutional interest in the memecoin.

While daily active addresses on Shibarium have declined, the transaction count continues to rise, indicating high demand for on-chain activity.