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HomeCrypto NewsMarketShibarium Hits New Milestones, Wallets Surpass 100,000 As Staked BONE Hits 21M

Shibarium Hits New Milestones, Wallets Surpass 100,000 As Staked BONE Hits 21M


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Staked Bone ShibaSwap (BONE) and wallet addresses on Shibarium attain new milestones as the Shiba Inu development team relaunches the network for public use.

The Shiba Inu community has regained momentum, with activities within the project ecosystem hitting new highs. 

Similarly, investor interest in SHIB has heightened, as evidenced by the token’s boosted social dominance. These positive developments come shortly after the Shiba development team confirmed that Shibarium is back online and functioning properly.

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Staked BONE and Shibarium Wallets 

Following the highly anticipated public relaunch of Shibarium, the network’s explorer showed that wallet addresses connected to the network had exceeded the 100K threshold. 

With Shibarium wallets sitting at exactly 101,545 at the time of writing, total transactions on the network have risen to 445,255.

Wallets addresses 100K
Wallets addresses 100K

This impressive transaction volume on Shibarium coincides with 348,734 total blocks produced at an average block time of 5 seconds. Shibariumscan further showed that 66,058 transactions were executed on Monday alone. 

Moreover, staked Bone Shibaswap (BONE) on the Shiba Inu layer-2 scaling network continues to increase. Currently, 12 validators exist on the L2 blockchain, with exactly 21,017,817 (21 million) BONE now staked on Shibarium. 

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Shiba Inu BONE Staked on Shibarium

Recall that the Shiba Inu community staked nearly 20 million BONE tokens on Monday, as reported by The Crypto Basic. The current figure shows that investors have staked an additional one million+ BONE within 24 hours. 

However, amid this massive growth, Bone ShibaSwap’s price has dropped over 4.77% in the past 24 hours. Notably, BONE is exchanging hands at $1.28 at press time.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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