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Shibarium hits 1M wallets amid meteoric growth, SHIB yet to catch up

Published 09/04/2023, 01:41 AM
Updated 09/04/2023, 03:20 AM

The total number of wallets on Shiba Inu’s newly launched layer-2 blockchain, the Shibarium network, has surpassed the 1 million mark in a meteoric rise since its relaunch.

The milestone — announced in a Sept. 3 blog post by the official Shibarium team — means there were at least 900,000 wallets added since Shibarium’s relaunch on Aug. 28, and only two weeks after the Shibarium network first went live — albeit with some technical hiccups.

Activity on the Shibarium network since inception. Source: Shibarium.io
The total value locked (TVL) on the Shibarium network. Source: DeFiLlama
Price of Shiba Inu (SHIB) over the past 30 days. Source: CoinGecko

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