• Shiba Inu milestone marked as Shibarium surpasses 600M transactions and 2M addresses.
• Shibarium’s TVL hits $6M, marking another milestone.

Shibarium, Shiba Inu’s Layer-2 solution, has hit milestones in transactions and addresses. Shibarium’s TVL recently reached an all-time high, reflecting its expanding utility.

As Shibarium thrives, its impact on SHIB’s price and market momentum remains a focal point for investors.

Shiba Inu milestone in L2

The Shiba Inu’s L2, Shibarium, has recently crossed a major transaction milestone. In the past week, the number of transactions crossed the 500 million mark.

As of this writing, the transactions have crossed another milestone, going over 600 million. 

Also, the L2 has seen another milestone in the number of addresses, crossing 2 million. Daily active addresses also surged recently, spiking to over 12,000 on the 8th of December.

However, it has declined as of this writing, dropping below 2,000.

Shibarium TVL explodes

According to the data, the Shiba Inu Shibarium’s Total Value Locked (TVL) has seen a meteoric rise, climbing to over $6 million—a level not seen before within the ecosystem.

This growth reflects increasing user confidence in Shibarium as a scalable solution within the broader Shiba Inu network.

The spike in TVL aligns with the network’s consistent uptick in transactions, suggesting that the platform’s utility is rapidly expanding.

SHIB correlates with Shibarium’s traction

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Author: Adewale Olarinde