As of February 19, 2025, Shibarium, the layer-2 scaling solution for the Shiba Inu ecosystem, is experiencing a significant downturn in transaction activity. This decline has raised concerns about the future of both Shibarium and the Shiba Inu (SHIB) token itself.
Transaction Metrics: A Sharp Drop
Recent data reveals a dramatic decrease in daily transactions on Shibarium. On February 14, the platform processed approximately 4.77 million transactions. However, by February 17, this number plummeted to just 54,640 transactions. This represents a staggering 98% drop in activity over a short period.
Read More: https://onthenode.com/news/shibarium-faces-major-transaction-decline-february-2025-update
Transaction Metrics: A Sharp Drop
Recent data reveals a dramatic decrease in daily transactions on Shibarium. On February 14, the platform processed approximately 4.77 million transactions. However, by February 17, this number plummeted to just 54,640 transactions. This represents a staggering 98% drop in activity over a short period.
Read More: https://onthenode.com/news/shibarium-faces-major-transaction-decline-february-2025-update
| 45,000 mlx | |
| 53 | |
| 5 |
0 comments