Important Shibarium Metric Explodes 400%: Bullish SHIB Sign?

TL;DR

• Shiba Inu’s layer-2 solution, Shibarium, witnessed a 400% increase in daily transactions, reaching over 62,000 on October 25.
• Since its launch in August, Shibarium has seen over 1.3 million blocks and is nearing 4 million overall transactions.
• This growth in Shibarium is seen as a potential driver for SHIB’s price, which has recently risen by about 10% daily and 20% weekly, possibly also influenced by the broader bullish cryptocurrency market trends.

What’s New With Shibarium?

After days of registering relatively low transaction volume, Shiba Inu’s layer-2 blockchain solution – Shibarium – has finally managed to change the trends.