😮👀Shibarium Increased Shiba Inu Burn Rate by 650% by Recording 12 Million Transactions in 2 Days Shiba Inu's 2. daily transactions on the layer network Shibarium have recorded a significant increase since the end of November, which indicates a significant adoption for blockchain. This remarkable increase in transaction activity led to a 650% increase in the SHIB token burning rate during the same period. However, the price of Shiba Inu remains relatively stable. Shibarium Daily Trading Volume Has Increased Shibairum has recorded a record growth in the number of daily transactions. Intra-chain data shows that transactions on the network have increased by a staggering 44,397.9% since the end of November. On November 29, Shibarium's daily transactions were below 20,000. However, the network saw that number rise to 748,000 as of November 30. This remarkable increase continued until December. In the first two days of the month, the network recorded more than 12 million transactions. This significant transaction increase is remarkable compared to the network's total transaction volume of 21 million, with the last 24 hours alone accounting for about 35% of all network transactions. Other Shibarium network metrics also reflect significant growth. The layer-2 blockchain currently has 1.27 million wallets and generates 1.92 million blocks, indicating a significant progress in its ecosystem. According to the fashion show data, the total value (TVL) locked in Shibarium has also increased to $ 775,000. Despite the impressive figures, Sunday expert Lucie called for greater adoption of the network. "The shibarium is a space that everyone can build on. We do not follow the projects launched; they are not centralized! Just like on ETH or Polygon, any project can start here as well. But a word of warning: DYOR (Do Your Own Research). Be careful and avoid falling into traps. #SHIB #BinanceTournament #ShibaInu

If these cryptocurrencies were one of the countries participating in Euro2024: 🪙⚽🏆 As we envision a future where nations embrace cryptocurrencies, let's explore potential pairings of digital assets with Euro 2024 participant countries: Germany - BTC (Bitcoin): Symbolizes economic strength and prominence. Hungary - ETH (Ethereum): Diverse, innovative, with smart contract capabilities. Scotland - LINK (Chainlink): Historical ties support Chainlink's aim to connect smart contracts with real-world data. Switzerland - BNB (Binance Coin): Mirrors Switzerland's banking role, holding significant financial sway. Spain - SOL (Solana): Sunny vibe reflects Solana's swift, scalable blockchain. Italy - AVAX (Avalanche): Artistic and innovative characteristics akin to Avalanche's blockchain technology. England - XRP (Ripple): Ripple's global financial influence stems from historical connections, especially in cross-border payment solutions. Denmark - TRX (Tron): Efficiency and simplicity, aligning with Tron's user-friendly decentralized applications. Slovenia - TON (The Open Network): Blends Alpine charm with advanced connectivity, cultivating a diverse digital ecosystem. Serbia - MATIC (Polygon): Committed to scalability, echoing Polygon's layer 2 solutions. France - DOT (Polkadot): Cultural diversity and collaboration align with Polkadot's interoperability. Austria - LTC (Litecoin): Stability and reliability. Netherlands - SHIB (Shiba Inu): Open-minded, experimental approach aligns with Shiba Inu's playful nature. Belgium - BCH (Bitcoin Cash): Pragmatic and straightforward, reflecting Bitcoin Cash's emphasis on fast, low-cost transactions. Slovakia - ATOM (Cosmos): Emphasizing interoperability and connection, like Cosmos' aim for a connected blockchain ecosystem. Portugal - LEO (LEO Token): Innovative approach, defining LEO Token's role in Bitfinex. Türkiye - XLM (Stellar): Stellar's focus on fast, low-cost remittances aligns with ambitions for financial inclusion and cross-border transactions. #UEFA #UEFAEURO2024 #EURO2024 #football

The current Arbitrum price stands at $1.10, with a 24-hour trading volume of $319.647 million and a market cap of $1.398 billion, securing its spot at #47. Showing a 5.02% rise in the last 24 hours, ARB boasts a circulating supply of 1,275,000,000. Key Insights from the Arbitrum Price Analysis: ARB is down 90.68% from its all-time high (ATH) of $11.80 in March 2023, yet it surged by 14.79% in the last 30 days. The coin faced a downturn in September but found reprieve in October, breaking the $1 resistance. The 4-hour chart reveals November and December's ARB movements, reaching overbought territory earlier and retracing. What Lies Ahead for ARB? September marked the end of ARB's bear run, with a bullish sentiment propelling it above the $1 mark. Signs indicate potential gains extending into December. Recent News: Fiat® Pass NFT Collection Fiat® introduces the Fiat® Pass NFT collection on the Arbitrum blockchain. This innovative project merges Italian Dolce Vita charm with modern art, sustainability, and innovation. The collection unlocks exciting rewards and experiences through virtual keys, celebrating Fiat's heritage and commitment to a shared, sustainable future. Arbitrum Price Predictions 2023-2032: A Glimpse into the Future 2023: $1.31 (min), $1.36 (avg), $1.46 (max) 2032: $40.20 (min), $41.33 (avg), $47.50 (max) WalletInvestor indicates a bearish trend, while DigitalCoinPrice foresees ARB surpassing $2.0 in 2024. CryptoPredictions.com anticipates an average price of $1.34 in December 2032. Arbitrum's Journey: A Snapshot of History and Overview The Arbitrum airdrop in March 2023 marked a significant event, leading to its listing on major exchanges. Despite volatility, ARB reached an ATH of $11.80. Arbitrum, a layer-2 scaling solution for Ethereum, tackles scalability issues. Its token bridge facilitates seamless transfers between Ethereum and Arbitrum One. Arbitrum vs. Arbitrum AnyTrust: Unraveling the Nuances Arbitrum Rollup is trustless and permissionless, while Arbitrum AnyTrust introduces a trust assumption for lower fees, managed by a Data Availability Committee. FAQs about Arbitrum: Why ETH? ETH covers gas fees on Arbitrum. Priority fee? Not needed; transactions are processed in the order received. Viewing balances? Connect to the appropriate Arbitrum chain in your wallet. Is Arbitrum a Solid Investment? As a relatively new solution, Arbitrum's value is poised to grow, making it an attractive investment. However, caution is advised, given the volatile nature of the crypto sector. Conclusion: Navigating Arbitrum's Future Landscape Arbitrum stands as a potent force in blockchain scalability, resonating with developers and users alike. Forecasting positive growth, its trajectory from 2023 to 2032 hinges on technological advancements and market trends. As with any investment, diligence is crucial in navigating the unpredictable crypto terrain. #Arbitrum #CryptoPredictions #BlockchainInnovation

Sei v2: Transforming Blockchain with Parallelized EVM Integration #Sei Labs is set to redefine the blockchain landscape with Sei v2, an innovative upgrade poised to become the first parallelized EVM blockchain. Seamlessly integrated into Sei's core binary, this update combines advanced twin turbo consensus mechanisms and optimistic parallelization capabilities while maintaining compatibility with Sei's existing wasm environment. Developer-Centric Approach With a focus on developer needs, Sei Labs has garnered attention by supporting Cosmwasm smart contracts written in Rust. Responding to developer demands for enhanced flexibility in execution environments, Sei Labs introduces the first parallelized EVM. This developer-centric approach aims to broaden application possibilities and use cases, providing a versatile platform for developers. Enhancing Applications with Sei v2 Sei v2 addresses scalability challenges faced by ETH and Layer 2 solutions, offering advanced twin turbo consensus mechanisms and parallelization capabilities. This upgrade empowers Ethereum applications with unparalleled speed, efficiency, and security, boasting an impressive throughput of 28,300 batched transactions per second and a remarkable 390 ms time to finality. Sei's Value Proposition Sei v2 simplifies the EVM, delivering lower per-transaction costs, higher throughput, and the fastest time to finality in the cryptocurrency space. Differentiating itself from existing EVM blockchains, Sei v2 avoids centralization tradeoffs, complexity, and the overhead associated with operating an Ethereum Layer 2 rollup. Applications and Use Cases Sei v2 opens doors to diverse applications, from scalable decentralized exchanges and massive multiplayer games to global payment and settlement applications and NFT projects. The enhanced speed and efficiency enable interactive and engaging user experiences, a critical factor for blockchain applications aspiring for mass adoption. $SEI #crypto2023 #crypto2024 #crypto2023A

Traders and analysts find themselves engulfed in fervent discussions as Solana (SOL) continues to rewrite the rules of on-chain activity, igniting talks about a potential “New Solana Summer.” The blockchain’s core metrics are soaring, hitting levels reminiscent of the pre-FTX collapse era. At the heart of this meteoric rise, indications point toward the contributions of NFTs and meme coin segments, fueling the upsurge, recent data reveals. As the calendar flipped to early December 2023, the aggregated on-chain trading volume on Solana (SOL) surged past an astounding $240 million per day, signaling an extraordinary momentum. This surge not only propelled Solana (SOL) but also catapulted it ahead of two mainstream Ethereum-based Layer 2s, Polygon (MATIC) and Optimism (OP), in terms of trading volume. Polygon (MATIC) and Optimism (OP), stalwarts in the Ethereum ecosystem, displayed trading volumes of $137 million and $40 million per day, respectively, falling short of Solana’s (SOL) impressive figures. Notably, within the last 24 hours, Solana (SOL) even outpaced its rival Avalanche (AVAX) in net value locked within dApps, boasting a staggering $689,84 million in Total Value Locked (TVL), compared to Avalanche’s (AVAX) $669 million. Such strides indicate a potential trajectory for Solana (SOL) to overtake the TVLs of Polygon (MATIC) and Optimism (OP) in the imminent future. The past month has seen Solana’s (SOL) TVL surge by an impressive 60%, mirrored by a 45% spike in SOL’s price. Despite these remarkable strides, Solana (SOL) trails behind Arbitrum (ARB), a dominant Ethereum (ETH) Layer 2 solution. Arbitrum (ARB) commands nearly $2.2 billion in TVL, accompanied by a daily trading volume surpassing $363 million in equivalent. The landscape of blockchain ecosystems is witnessing a reshuffling of power dynamics, with Solana’s (SOL) ascent casting a formidable shadow over established entities. The convergence of heightened on-chain activity, surging trading volumes, and burgeoning dApp ecosystems positions Solana (SOL) as a pivotal contender in the race for blockchain dominance, promising potential disruptions and redefined paradigms in the space. As the crypto community braces for the implications of Solana’s (SOL) upward trajectory, all eyes remain fixated on the unfolding narrative of this ‘New Solana Summer.’ Source: https://azcoinnews.com/solanas-spectacular-surge-unraveling-the-new-solana-summer-phenomenon.html

Shibarium, Shiba Inu’s Layer 2 blockchain, processed 952 transactions in just five seconds at block height 1875694. The network recently surpassed six million transactions, showing rapid growth after reaching four million transactions just weeks earlier. Shibarium, the Layer 2 (L2) blockchain developed for the Shiba Inu ecosystem, has achieved a significant milestone in its transaction count. The core highlight of Shibarium’s recent achievement lies in its ability to process a staggering 952 transactions within a mere five-second block. Shibarium set this record at a block height of 1875694, marking a notable landmark in the blockchain’s history. At precisely 17:02 (UTC), this event marks a new benchmark in transaction processing speed for Shibarium. Surge in Overall Transaction Volume The quick processing speed of Shibarium is not an isolated event. Six million transactions have already been made on the blockchain, demonstrating the strength and expansion of the network. The network’s explorer, Shibariumscan, has provided detailed statistics that indicate the current total number of transactions on the blockchain is 6.33 million. Only a few weeks have passed since four million transactions were made, showing an amazing development trend. Shibarium added around 2.3 million transactions in a little more than a week, demonstrating its scalability and efficiency with exponential growth. Shibarium also excels in other areas, as seen by the volume of daily transactions. The network handled an astounding 748,230 transactions daily, a significant increase over the 16,630 transactions reported the day before. This increase is a sign of the network’s rising use and appeal. Expanding Network and User Base The growth of Shibarium extends beyond transaction volumes. With approximately 1.88 million blocks mined, the network currently has over 1.27 million addresses. It has handled over 301,237 BONE transfers and can support 30,369 accounts. The network supports over 8,500 tokens and has deployed 14,299 smart contracts since its founding in August. $SHIB #shib