Shiba Inu’s Shibarium Sees Staggering 99% Decline In Transactions, What’s Happening?

Shiba Inu’s Shibarium Sees Staggering 99% Decline In Transactions, What’s Happening?
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In addition to the Bitcoin crash that has brought down the crypto market, Shibarium, an Ethereum Layer 2 network developed by the Shiba Inu team, has taken a huge hit. This latest drawback comes in the form of a significant decline in the number of daily transactions being carried out on the network, leading to its lowest level in months.
Shibarium Daily Transactions Fall Below 10,000
From the end of 2023 and into the new year of 2024, the Shibarium network had been seeing a lot of adoption. This was embodied by a significant rise in the number of daily transactions that were being carried out on the network. It rose rapidly and crossed more than 7 million daily transactions in December 2023. And even after usage began to wane in the new year, the Ethereum Layer 2 network was still able to maintain an average of around 1 million transactions per day.
However, the network has entered into what seems to be an incredibly trying period with a notable crash in the number of dai

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We współpracy z: https://bitcoinist.com/shiba-inu-shibarium-99-decline/

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