Shiba Inu Shibarium's Bullish Update Follows Major Milestone

Shiba Inu launched a major update—the Shibarium Token Asset Repository. Additionally, Shibarium hit a major milestone with 700 million transactions. This accomplishment showcases the network's rapid growth and highlights Shibarium's rising importance within the Shiba Inu ecosystem.

Shibarium’s Major Milestone: 700 Million Transactions

Shibarium has grown quickly since its launch. The network has now processed more than 730 million transactions, with over 1.8 million wallet addresses. Daily transactions average 4.7 million, reflecting the network's scalability. 

Developer Kaal Dhairya celebrated the milestone, saying, “Shibarium just fetched 500 million transactions—proof of pack is unstoppable.” The Shiba Inu community’s excitement is clear. 

The Token Asset Repository Update: Boosting Token Visibility

The new Shibarium Token Asset Repository offers important updates. Token holders can now display their tokens across Ethereum, Sepolia, Shibarium, and Puppynet networks. Each network has a dedicated folder for token images.

Lucie, Shiba Inu’s marketing lead, shared the news on X (formerly Twitter), igniting excitement in the community. This update simplifies token management, making tokens more accessible and easier to discover. As Shiba Inu grows, this feature strengthens the ecosystem.

The community’s response has been overwhelmingly positive. The news of the update helped push SHIB’s price up by 50%. The market cap briefly crossed $13 billion before dipping slightly. However, SHIB still remains up 2.7% for the week, showing its resilience.