Layer-2 network Shibarium has impressively handled over three million transactions in less than a month. This remarkable achievement suggests the network has garnered significant adoption relatively quickly.

Shiba Inu’s team maintains that the developments “behind closed doors” will further help Shibarium “demonstrate its strength and stability” soon.

Shibarium Enjoys High User Adoption

After addressing initial launch issues, the network has displayed significant performance improvements across key metrics. In the first week post-relaunch, the protocol engaged with over 1 million wallets, now at 1.25 million as of the latest update.

Furthermore, the network has seen over 3 million transactions, specifically totaling 3,085,075, at the time of writing.

Read more: Shiba Inu (SHIB) Price Prediction 2023/2025/2030

However, it is noteworthy that daily transactions on the network have experienced a recent decline.

According to data from ShibariumScan, the average daily transactions on Shibairum between September 8 and September 15 exceeded 100,000. In contrast, recent data shows a decrease to approximately 40,000 transactions over the past few days.

Shiba Inu’s Total Value Locked
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Author: Oluwapelumi Adejumo

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