Shiba Inu dips as Shibarium breaks through 1b in transaction volume for the first time

The price of Shiba Inu has dropped by almost 5% during the last day of negotiation. Meanwhile, the total volume of shibarium transactions exceeded 1 billion for the first time in history.

According to data of Crypto.News, Shib (Salogner) fell 4.8% in the last 24 hours. Shiba Inu is currently negotiated at a price of $ 0,0000,122. In the past few days, the token has been in a downward crisis. Ethereum (EthnThe Shiba Inu token on) fell by almost 18% last week and decreased by 13% in the last month.

Despite this slowdown, the layer 2 The Shibarium solution network has just passed an important step. Shibarium is a blockchain built on Ethereum designed to improve the Shiba Inu ecosystem. According to data From Shibariumscan.io, the Shibarium ecosystem has dealt with a total of 1.005 billion transactions for the first time in history since its launch in August 2023.

The milestone is particularly important since the Shibarium ecosystem has taken for two years to exceed the 1 billion transactions milestone. Meanwhile, he took Bitcoin (BTC) 15 years ecosystem to reach the same total volume of transactions.

After Shibarium has taken its recent stage, Shiba Inu has increased a small increase in commercial activity. Its negotiation volume has increased by almost 20% to $ 229 million in the last 24 hours.

On April 2, the daily volume of shibarium transactions is 4.05 million with an average block time of 5 seconds per transaction. The ecosystem currently has more than 194 million addresses that combine with the system. The ecosystem has more than 10.25 million blocks.

At the end of March, shibarium TVL go back up From 24% to 2.5 million dollars. In the Shibarium ecosystem, Shibaswap TVL increased by 37%, while Woofswap and Chewyswap climbed 31%and 20%. At the time, the Shiba Inu token fell even further from 20% of its highest level.