The adoption of SHIB is on the rise, with Shiba Inu surpassing 1 billion transactions.

Shibarium has successfully completed its one billionth transaction in under two years, surpassing Bitcoin’s 15-year timeline to reach the same achievement. Additionally, Shiba Inu has seen remarkable user engagement, boasting a total of 193,941,765 addresses. The Layer-2 blockchain, Shibarium, has proudly hit this significant milestone by officially processing its one billionth transaction. Reports indicate that this feature was achieved by logging a daily transaction count of 4 million. At the time of reporting, Shibarium’s overall transaction volume had surpassed 1,002,008,200.00004022, with a cumulative block count of 10,236,117 and a total of 20.0000129,22024,20.00001693 addresses. Furthermore, the overall count of accounts identified on Shibarium exceeds 20.00002485 and 20.00004022. Nonetheless, just 20.00007380 are currently active. From a mathematical perspective, this represents a 23% decrease compared to the previous day’s total of 22,220 active accounts. As mentioned before, Shiba Inu investors have surpassed 214 million. Source: Shibariumscan. A Comparison of Shibarium and Bitcoin. Shibarium has reached this significant milestone in under two years since it began operating, prompting industry analysts to emphasize that this accomplishment reflects the active involvement of the Shiba Inu community, the network’s sustainability, and the resilience of the overall ecosystem. Research indicates that Shibarium was officially launched on August 16, 2023.