The total number of wallets interacting with Shiba Inu’s layer2 network, Shibarium, crossed the 1 million mark earlier today, less than a week after the mainnet bridge began functioning optimally.

Before its August 28 relaunch, the Shibarium bridge encountered problems such as transaction delays and temporarily inaccessible funds. However, lead developer Shytoshi Kusama assuaged the community fears, stating that their funds were “safu.”

Shibarium Wallets Crosses 1 Million

According to data from Shibarium Scan, the bridge has witnessed engagement from over 1 million wallets. These users have collectively executed over 783,000 transactions, with a daily average of approximately 73,640 transactions. Notably, the blockchain’s total block count currently stands at 421,736.

Despite the transaction surge, this has not yet translated into a significant boost in the total assets locked on the bridge. Currently, the figure stands at a modest $1.16 million.

DeFillama
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Author: Oluwapelumi Adejumo

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