Bullish Shiba Inu (SHIB) News: Shibarium Indicator Spikes by Over 530% in 24 Hours

Shibarium experienced 19 newly verified contracts on its network on September 18.

The recently launched layer-2 scaling solution of Shiba Inu – Shibarium – continues to gain steam, witnessing transaction growth and achieving new milestones on a regular basis.Shibarium Saw a 530% Increase in Newly Verified Contracts, the total number of newly verified contracts has skyrocketed by approximately 533% in a matter of 24 hours. Such contracts were only 3 on September 17, whereas the figure rose to 19 the following day.In addition, verified contracts growth has tapped 416.

Total transactions on Shibarium are approaching the 3 million milestone. As of the moment of writing these lines, they equal 2.84 million.The L2 blockchain network aims to establish a robust ecosystem built on Ethereum for Shiba Inu. Its main goal is to aid the advancement of the memecoin and elevate it above its rivals by providing a dedicated network to transact and build applications. .

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