Shiba Inu (SHIB) saw a nice boost today as its layer-2 network Shibarium hit a major milestone. The meme coin's price climbed alongside growing network activity, showing how technical progress can drive market momentum.
Shiba Inu (SHIB) Price Gets Boost from Network Growth
SHIB had a solid day, climbing 5.5% to reach $0.00001384. This jump happened right as Shibarium crossed the 12 million block mark, which isn't just a coincidence. When a crypto's underlying network grows, traders usually take notice.
Trading volume told the same story, spiking 55.33% to $323.5 million. That's a clear sign that people are getting more interested in what Shibarium's building. When volume jumps like that alongside price gains, it usually means the move has some real momentum behind it.
Shibarium Hits 12 Million Blocks with Lightning Speed
Shibarium just crossed 12 million blocks, sitting at 12,009,576 as we write this. That's actually pretty impressive when you consider how new this layer-2 solution is. The network's been growing steadily since launch, and this milestone proves it's not just hype.
What makes Shibarium stand out is its speed. We're talking about a five-second average block time, which is seriously fast in the layer-2 world. When developers and users want quick transactions, that kind of speed matters. It's one of the reasons why Shibarium's becoming a go-to choice among Ethereum scaling solutions.
The folks at U.Today actually predicted this milestone would happen about a week ago, based on the network activity they were tracking. Turns out they were right on the money, which shows how predictable Shibarium's growth has become.
Shiba Inu (SHIB) Network Shows Serious User Growth
The numbers don't lie when it comes to Shibarium's adoption. The network has processed over 1.37 billion transactions across more than 267 million addresses. Those aren't small numbers, and they show this isn't just a flash in the pan.
Daily transactions consistently hit the million mark, with recent activity reaching 4.59 million transactions in a single day. That's the kind of steady usage that suggests people are actually using the network, not just speculating on it.
Looking ahead, users are eyeing the 1.4 billion transaction milestone, which could happen before Q3 2025 ends if current trends continue. The team's also rolling out some technical upgrades called Heimdall and Boric static nodes to keep everything running smoothly as usage grows.
These upgrades aren't just tech jargon - they're designed to prevent network hiccups and keep things reliable as more people jump on board. It's the kind of behind-the-scenes work that might not make headlines but keeps a network healthy long-term.
The bottom line? Shibarium's growth is creating a positive cycle where network improvements drive SHIB price gains, which then attracts more users and developers. That five-second block time we mentioned earlier? It's becoming a real competitive advantage in the crowded layer-2 space.