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HomeCrypto NewsMarketLedger Confirms Support for Shibarium After Launch

Ledger Confirms Support for Shibarium After Launch

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Shibarium Community Excited Over Anticipated Ledger Support.

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The Shibarium community is excited over the anticipated support of Ledger, the leading hardware wallet provider. This excitement was expressed in a tweet by Shibarium’s official publicity handle, SHIB INFORMER. The tweet which tagged Ledger contained just three words, “That’s amazing news!”

 

Notably, SHIB INFORMER was quoting an original tweet by a Shibarium supporter with the identity Burnsalot.nft. In the tweet, Burnsalot.nft inquired of Ledger Support if they will provide support for the new ETH layer 2 protocol.

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Ledger Support responded in the affirmative. Also making it known that the support for Shibarium is already a part of their roadmap while asking users to watch out for updates.

 

This marks another milestone for the emerging protocol that is attracting the attention of the crypto community. The prospects of Shibarium and its anticipation by the community are having a notable impact on the crypto community, especially on its original inspiration, Shiba Inu.

Shibarium is a Layer 2 blockchain being built for the Shiba Inu ecosystem. This protocol aims to provide scalability by increasing transaction speed and lowering costs. Members of the Shiba Inu community consider this an important addition that would improve the quality of the ecosystem.

The anticipation of the new blockchain has had a significant impact on the growth of SHIB, the native cryptocurrency of Shina Inu. SHIB has been on a rally since the beginning of this year. It currently ranks as the 13th largest cryptocurrency in the world and trades at $0.00001203, having started the new year at $0.00000805.

Like other positive developments, Ledger’s proposed support will be considered a step closer to the actualization of the Shibarium. A blockchain for which the community seems to regard so highly.

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Author

Ammara
Ammarahttps://thecryptobasic.com/
Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

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