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HomeCrypto NewsMarketShiba Inu: Exodus Wallet Responds To Shibarium Integration Request

Shiba Inu: Exodus Wallet Responds To Shibarium Integration Request

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A Shiba Inu community member has made an informal request to the Exodus Crypto Wallet team to support Shibarium.

The campaign, which now has full community support, started with a community member identified as Chubibi (@Pika_Shib), who made the request directly to the official X account of the wallet.

It is pivotal to facilitate the integration of a blockchain protocol on exchanges, wallets, and other infrastructures to expand its reach and create more avenues for users to explore it. Chubibi argued that Shibarium deserves to be added to Exodus, considering its status as a Layer-2 scaling solution.

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Shibarium Integration Request In Process

Exodus Wallet has acknowledged the demand for Shibarium support, noting that they have sent the request to the appropriate team for consideration.

While there is no confirmation of a possible integration of the Shiba Inu-based Layer-2 network, it is noted that all feedbacks are logged for consideration.

Since Shibarium’s launch in August 2023, it has recorded integration on different platforms. Earlier in February, Tangem Wallet unveiled that it had started the process of integrating Shibarium. 

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As a key partner of the Shiba Inu project, Tangem’s integration is mutually beneficial to both the wallet’s users and the Shibarium community. With the ability to store native Shibarium assets and the Shiboshis NFT, the diversity the wallet offers is pivotal for the network’s growth.

Besides Tangem, K9 Finance, another partner of Shiba Inu, has uncovered how its liquid staking platform can help boost the growth of Shibarium, adding to the list of protocols embracing the L2 network.

As reported previously CoinMarketCap and CoinGecko integrated Shibarium Stats. Frontier Wallet has more than a million users and integrated Shbarium. GroveX, one of Australia’s top exchanges, integrated Shiba Inu’s layer-2 network. NOWNodes also integrated SHibarium last year.

According to DefilLama data, on March 5, the total value of assets locked (TVL) on the Shibarium reached a new high of $2.25 million. Shibarium’s total transactions have now exceeded 400 million.

Shibarium is the Future of SHIB

Despite Shiba Inu’s growing popularity, which recently pushed it to the top 10 digital currencies list, many experts believe in Shibarium’s potential to help catalyze SHIB’s growth.

With the growing integration, there is likely to be an increased user count, which might indirectly place higher demand on SHIB, driving up prices and valuation. Shibarium might also play an instrumental role in burning SHIB from circulation through the integration of a burn portal.

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.

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Author

Godfrey Benjamin
Godfrey Benjaminhttps://thecryptobasic.com/
Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web3.0. His love for crypto was birthed when as a former banker, he discovered the obvious advantaged of decentralized money over traditional payments. With his vast experience covering different aspects of Web3, Godfrey's articles has been featured on Blockchain News, Cryptonews Com, and Coingape amongst others. When not writing contents related to crypto, you can find him playing video games.

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