Shibarium Testnet Hits 31M Transactions Ahead of Mainnet Launch
The community is buzzing with excitement over the impending release of Shibarium, a long-awaited Layer 2 solution for Shiba Inu. They are much more enthused than usual since the project has just reached a major milestone on its testnet. Shiba Inu co-creator Shytoshi Kusama, has made a positive remark on
- Shytoshi Kusama celebrated the new milestone by posting a “partying face” emoji.
- There are an average of 256,340 transactions on Puppynet per day.
The community is buzzing with excitement over the impending release of Shibarium, a long-awaited Layer 2 solution for Shiba Inu. They are much more enthused than usual since the project has just reached a major milestone on its testnet.
Shiba Inu co-creator Shytoshi Kusama, has made a positive remark on the recent surge in Puppynet transactions after the Shibarium testnet went live on March 11.
Community Excited
A Twitter user going by the handle “cryptolight Shibarium” recently said that Shibarium has completed more than 31 million transactions. Shytoshi Kusama celebrated the new milestone by posting a “partying face” emoji in the thread’s comments. The community is excited about the recent milestone.
#Shibarium managed to surpass 31 million transactions on Testnet, and prepares for mainnet launch, we will see positive price events in the coming weeks of $SHIB $BONE and #leash@Shibariumtech pic.twitter.com/neIp8rhi6e
— cryptolight Shibarium (@Cryptolight_z) July 20, 2023
Recent daily highs in transactions occurred on July 4 (277,139) and July 11 (279,814), as reported by the Puppyscan Shibarium explorer. According to Puppyscan, there are an average of 256,340 transactions on Puppynet per day. After reaching 17,062,440 last week, there has been no movement in the number of linked wallets since then.
Kusama, a famous SHIB leader, issued a dire warning to the Shiba Inu community this week about the safety of their cryptocurrency holdings. In a tweet, he advised SHIB enthusiasts to prevent losing their cryptocurrency to fraudsters and hackers by only purchasing cold wallets directly from makers. According to Kusama, the tweet was only a “security sidenote.”
It was released a week before Swiss crypto wallet manufacturer Tangem, who teamed with the Shiba Inu team a few months ago, begins shipping the 5,000 SHIB cold wallets that were preordered. More than 6,000 digital currencies, including SHIB, may be stored in wallets the size of a regular bank card.
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