Shibarium Bridge Goes Live In Beta But There’s A Catch
Shiba Inu’s development team has announced a significant advancement in the SHIB ecosystem. With the introduction of the Shibarium Bridge, users will have a new way to interact with the ecosystem. However, as this technology is still in its beta phase, the team behind Shiba Inu (SHIB) is urging the community to exercise caution. A team representative known as Lucie recently announced the Shibarium Bridge’s beta release. This addition to the Shibarium network was first introduced to the public in April and has since progressed from being partially functional to undergoing public....
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The shiba inu crypto community is anticipating the launch of the layer two (L2) scaling solution Shibarium after it was revealed that the public beta will launch in the third quarter. According to shiba inu developers Shytoshi Kusama and Ryoshi, the layer two solution will bring transaction fees down considerably and possibly to zero.
Shiba Inu’s L2 Solution Shibarium to Launch in Q3, Ethereum Whale Acquires 163.2 Billion SHIB
The meme token shiba inu (SHIB) has seen a 33.6% gain against the U.S. dollar during the last seven days and much of the rise revolves around the....
Shibarium has only been live for a few days but is already showing early signs of success. The Ethereum layer-2 scaling solution, which hopes to provide lower gas fees and faster transaction times for the Shiba Inu community, has seen some impressive growth numbers in terms of Total Value Locked (TVL). TVL Crosses $1.4 Million Since Shibarium launched its mainnet, the total value deposited in the network has skyrocketed. The TVL recently crossed $1.4 million, indicating strong interest in the new chain. Related Reading: Shiba Inu Community Celebrates New Milestone One Day After Shibarium....
In a surprising turn of events, Shiba Inu (SHIB) experienced a brief consolidation break, reaching a 10-day high of $0.00000850, following the overall market uptrend on Tuesday. This upswing was further fueled by Grayscale’s legal victory against the US Securities and Exchange Commission (SEC). However, Shibarium, the Ethereum layer-2 network backed by SHIB tokens, was the most significant catalyst for the newfound optimism. Shibarium’s Resurgence Fuels Bullish Sentiment For SHIB Price Shibarium, the layer-2 blockchain explicitly designed for the Shiba Inu token SHIB, has....
In a significant move, the Shiba Inu community is on the brink of getting a dedicated domain service with the introduction of the Shibarium ID, which is scheduled for an official launch by the end of October. A tweet by the developers confirmed, “Shibarium ID is officially launching in late October. We’re here to help […]
Shiba Inu’s Ethereum-based layer 2 blockchain solution Shibarium, achieves yet another important milestone in blocks and transactions which shows the attraction of the network. Shiba Inu: Shibarium’s Latest Milestone Shiba Inu’s Shibarium has recently reached a significant milestone, recording over a million blocks and over 3 million transactions since it was introduced to the public […]