Shibarium Hits New Important High as Its Overall Adoption Expands
Most cherished SHIB team project continues to grow, showing rise in three major utility metrics...
- Shibarium, a Layer-2 blockchain, is experiencing growth thanks to the SHIB community.
- Key on-chain metrics are rising, with an increase in the number of blocks and transactions.
- The number of connected wallets has also increased, reaching 1,246,299.
- However, the number of daily transfers has declined to 89,710 from a peak of 200,000.
The article provides a mix of positive and negative information. The growth of Shibarium and the increase in key on-chain metrics are positive indicators. However, the decline in daily transfers and the price reversal of Shiba Inu are negative aspects.