The Shiba Inu community is achieving new milestones with its testnet, Shibarium, as more users connect their crypto wallets to the network. Shibarium's testnet, also known as Puppynet, was launched on March 11 and has witnessed a consistent increase in overall transaction count over the past 24 hours.
In just a single day, Shibarium added almost a million transactions, surpassing the 27 million mark and setting a new record. On June 13, a peak of 324,000 transactions was recorded, after which it slightly decreased over the following days. However, since June 19, the daily transactions have remained around the 274,000 mark.
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Shibarium hits milestones ahead of mainnet launch. Consistent Growth In Wallet Links And Blocks
According to data from Puppyscan, the number of wallets linked to Shibarium continues to increase, albeit at a slower pace, alongside transaction growth. Currently, there are over 17 million linked wallets with no significant spikes recorded recently. Shibarium hits milestones ahead of mainnet launch.
The total number of blocks has surpassed 1.56 million, and the time required to create a new block has been reduced to 8.3 seconds.
Excitement is building within the community for the official launch of Shibarium's mainnet, following a statement from the lead developer, Shytoshi Kusama. The developer informed the SHIB army about the planned "launch strategy" for Shibarium, with the date and time already confirmed.
There is speculation within the community that the Shibarium mainnet could be launched during the annual ETHToronto event in Toronto, Canada, between August 13 and 16. This event celebrates the creation of Ethereum, and given SHIB's original launch on this blockchain, the community believes it would be a fitting tribute to Ethereum and its founder, Vitalik Buterin.
Awaiting The Launch Of Shibarium Mainnet
Kusama, the founder of Shibarium, hinted at the mainnet's launch date and location in a Telegram channel dedicated to Shibarium discussions. He previously mentioned that Shiba Inu was "going somewhere" and clarified that the location would be outside the United States.
Despite this news, Shiba Inu (SHIB) has experienced a downward trend in the past 24 hours, with the dog-themed meme coin dropping by almost 4%. At the time of writing, it is trading at $0.00000745. However, SHIB's market capitalization has increased by $200 million over the past week.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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