Key Shiba Inu Metric Skyrockets by 4,000%: What Does it Mean for the SHIB Price?

Crypto Blog

Shibarium, Shiba Inu’s layer-2 blockchain solution, saw a massive increase in daily transactions, indicating significant network growth.

Positive developments in the network and a surge in SHIB’s burn rate hint about a potential bull run for the meme coin.a significant revival, with daily transactions exceeding 200,000 on April 11. This represents a 4,000% increase compared to the number observed the day before.last summer, is designed to foster the development of the second-largest meme coin by improving speed and lowering transaction fees.

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