Shibarium Transactions Surge 264,000 in 24 Hours

Generated by AI AgentCoin World
Thursday, Jul 3, 2025 6:40 am ET1min read

Shibarium, the Layer 2 solution for the

ecosystem, has achieved a significant milestone by surpassing a major transaction threshold. The total number of transactions on Shibarium has reached 1,322,819,504, marking a substantial increase from the previous day's count of 1,319,244,781. This surge represents an addition of over 264,000 transactions in just 24 hours, highlighting the growing adoption and utility of the network.

The total number of blocks generated on Shibarium has also increased to 11,825,058, up from 11,811,855, indicating that 13,203 new blocks have been added in the last day. Additionally, the number of wallets connected to Shibarium has risen by 2,364, now standing at 266,784,522. These statistics underscore the network's expanding user base and its ability to handle a growing number of transactions efficiently.

The average block time on Shibarium remains at 6.2 seconds, ensuring quick transaction confirmations. The gas tracker stands at 5.1 Gwei, and the network processes an average of 4,180,000 transactions daily. These metrics reflect the network's scalability and efficiency, making it an attractive option for users and developers alike.

The Shiba Inu metaverse has also received a significant update, aimed at enhancing user experience. The SHIB team has optimized more than 200 texture files, resulting in a 15-25% reduction in GPU memory usage. This optimization has led to smoother gameplay, lower VRAM usage, faster load times, and sharper lighting and environment details. The improvements have been made to key areas such as Shib Station, Technology Trench, and Bark Park, making the metaverse more immersive and user-friendly.

These upgrades are part of a broader plan to "Optimize the Future" for the Shiba Inu ecosystem. The metaverse is now better equipped to support more users and decentralized applications (dApps). The addition of a dApp Store and the upcoming rollout of the Shib Alpha Layer further enhance the ecosystem's capabilities, positioning it as a powerful and versatile platform for various applications.

The current update has transformed the SHIB Metaverse into a more powerful, useful, and beautiful hub for everything being built on Shibarium. This development, coupled with the transaction milestone, underscores the Shiba Inu ecosystem's commitment to innovation and growth. As Shibarium continues to evolve, it is poised to attract more users and developers, further solidifying its position as a leading Layer 2 solution in the cryptocurrency space.