Shibarium Achieves Over 1 Billion Transactions Since Launch in 2023

Shibarium, the Layer-2 blockchain of Shiba Inu, has surpassed 1 billion transactions since its launch in August 2023. This milestone reflects growing adoption within the crypto space.

Key Highlights

Achieved 1 billion transactions as of March 31, 2024.
Processed an average of 4 million transactions daily.
Outperformed Bitcoin and Ethereum in reaching this milestone, taking less than two years compared to Bitcoin's 15 years.
Over 193.93 million unique addresses have interacted with Shibarium.
10.23 million blocks mined, with an average block time of 5 seconds.

Shibarium initially faced technical difficulties but resumed operations after a two-week downtime in late August 2023. Its rapid transaction capability indicates strong community participation and robustness.