Defx Insights

Tag: Shibarium

  • Shiba Inu’s Shibarium Hits 1B Transactions While SHIB Price Struggles at $0.000012

    Shiba Inu’s Shibarium Hits 1B Transactions While SHIB Price Struggles at $0.000012

    Shiba Inu’s layer-2 scaling solution Shibarium has achieved a remarkable milestone of 1 billion total transactions, marking a significant technical achievement for the popular meme coin’s ecosystem. However, this breakthrough hasn’t translated into price gains, with SHIB continuing to face bearish pressure around the $0.000012 level.

    Shibarium’s Billion-Transaction Milestone: A Closer Look at the Numbers

    According to official data from Shibariumscan, the network has processed over 1,012,261,457 transactions across 10,284,922 blocks since its launch in August 2023. The platform has also generated nearly 195 million unique addresses, demonstrating significant adoption of the layer-2 solution.

    Daily transaction volumes have been particularly impressive, with recent 24-hour periods showing:

    • Current 24-hour period: 2.75 million transactions
    • Previous 24-hour period: 4.11 million transactions

    Price Divergence: Why SHIB Remains Bearish Despite Network Growth

    Despite Shibarium’s technical achievements, SHIB’s price action tells a different story. The broader crypto market downturn, exacerbated by Trump’s recent tariff announcements, has contributed to SHIB’s bearish trend. Key price metrics include:

    • Current price: $0.00001210
    • 7-day performance: -9.4%
    • 24-hour change: -1.2%

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    Market Analysis: Key Factors Affecting SHIB’s Price

    Several factors are contributing to SHIB’s price struggles:

    1. Decoupling of network metrics from price action
    2. General crypto market bearish sentiment
    3. Reduced speculative interest in meme coins
    4. Technical resistance at the $0.000012 level

    Looking Ahead: What’s Next for Shiba Inu?

    While Shibarium’s growth demonstrates the network’s technical capabilities, investors should watch these key factors for potential price recovery:

    • Support level at $0.000012
    • Overall crypto market sentiment
    • New Shibarium ecosystem developments
    • Institutional interest in meme coins

    FAQ Section

    What is Shibarium?

    Shibarium is Shiba Inu’s layer-2 scaling solution designed to improve transaction speed and reduce costs on the network.

    Why isn’t SHIB’s price rising despite network growth?

    The disconnect between price and network metrics suggests market sentiment currently prioritizes broader crypto market conditions over network achievements.

    What’s the next major support level for SHIB?

    If SHIB breaks below $0.000012, the next significant support level would be at $0.000010.

  • Shiba Inu’s Shibarium Hits 1B Transactions, Outpaces Bitcoin’s Growth

    Shiba Inu’s Shibarium Hits 1B Transactions, Outpaces Bitcoin’s Growth

    In a groundbreaking development for the meme coin ecosystem, Shiba Inu’s Layer-2 solution Shibarium has achieved an unprecedented milestone by processing over 1 billion transactions in less than two years since its launch. This remarkable achievement not only showcases the platform’s robust scalability but also highlights the growing adoption of SHIB’s blockchain infrastructure.

    Record-Breaking Transaction Volume

    According to official data from Shibariumscan, the Layer-2 blockchain reached the 1 billion transaction mark on March 31, 2025, demonstrating exceptional growth since its inception in August 2023. The platform currently processes approximately 4 million transactions daily, indicating substantial user engagement and network activity.

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    Unprecedented Growth Velocity

    What sets Shibarium’s achievement apart is the unprecedented speed at which it reached this milestone. While Bitcoin took approximately 15 years to process its first billion transactions, Shibarium accomplished this feat in just 20 months. This comparison becomes particularly relevant in light of recent predictions about Bitcoin’s growing dominance in the financial sector.

    Network Statistics and Infrastructure

    Beyond transaction volume, Shibarium has demonstrated impressive network metrics:

    • 193.93 million unique blockchain addresses
    • 10.23 million mined blocks
    • 5.0 second average block time
    • Current transaction volume: 1.001 billion+

    Technical Resilience and Evolution

    Despite facing initial technical challenges that resulted in a two-week downtime shortly after launch, Shibarium has shown remarkable resilience. Since its recovery in late August 2023, the network has maintained consistent uptime and performance, demonstrating the team’s commitment to technical excellence.

    Frequently Asked Questions

    What makes Shibarium’s achievement significant?

    Shibarium’s ability to process 1 billion transactions in less than two years demonstrates unprecedented scalability and adoption rates in the Layer-2 blockchain space.

    How does Shibarium compare to other blockchains?

    While Bitcoin and Ethereum have processed more transactions overall, Shibarium reached the 1 billion milestone significantly faster, achieving in months what took others years.

    What does this mean for SHIB holders?

    The high transaction volume indicates growing adoption and utility of the Shiba Inu ecosystem, potentially impacting long-term value proposition and use cases.

    As Shibarium continues to evolve and process millions of daily transactions, its achievement signals a new era for Layer-2 solutions and meme coin utility. The platform’s success could pave the way for increased institutional interest and broader adoption of SHIB-based financial applications.

  • Shiba Inu Hits 1.5M Holders: SHIB Ecosystem Shows Massive Growth

    In a significant development for the meme coin sector, Shiba Inu (SHIB) has achieved two major milestones that signal growing adoption and ecosystem strength. The project has surpassed 1.5 million holders while its Layer-2 solution Shibarium crossed 10 million blocks, demonstrating sustained community interest despite broader market challenges.

    Record-Breaking Growth in SHIB Ecosystem

    As meme coins continue showing resilience in the current market, Shiba Inu has reached a remarkable milestone of 1.5 million unique holders. The project’s marketing lead LUCIE confirmed this achievement on March 18, with an additional 843 new holders joining since the announcement – highlighting the token’s sustained appeal to crypto investors.

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    Shibarium Achieves Technical Milestone

    Complementing the holder growth, Shibarium – Shiba Inu’s Layer-2 scaling solution – has processed over 10 million blocks, reaching approximately 10,010,974 blocks at press time. This technical achievement demonstrates the network’s robust infrastructure and growing utility.

    Key Ecosystem Metrics

    • Total Holders: 1.5 million+
    • New Daily Holders: 843
    • Shibarium Blocks: 10,010,974
    • Total Addresses: ~175 million
    • SHIB Tokens Burned: 713 million

    Market Performance Analysis

    Despite these achievements, SHIB’s price action has faced headwinds, experiencing a 68% decline over four months from $0.00003343 to $0.00001082. However, the token has shown relative stability at current levels, trading at $0.00001288 with a market cap exceeding $7.5 billion.

    Future Outlook and Implications

    The dual milestones of holder growth and technical advancement position Shiba Inu for potential future growth. The continued expansion of Shibarium and its token burning mechanism could create positive price pressure through supply reduction.

    FAQ Section

    What does the 1.5 million holder milestone mean for SHIB?

    This milestone indicates growing mainstream adoption and long-term holder confidence in the project’s vision.

    How does Shibarium’s growth impact SHIB tokenomics?

    Shibarium facilitates token burning and transaction efficiency, potentially creating deflationary pressure on SHIB supply.

    What’s next for the Shiba Inu ecosystem?

    Focus remains on Shibarium development, community growth, and expanding utility across the ecosystem.