Shiba Inu: Shibarium Usage Jumps 54%, Is SHIB Ready for a Liftoff?
Network transactions on Shibarium have jumped by 54% making the blockchain buzzing with activities. The layer-2 blockchain running on top of the Ethereum network is seeing a massive surge in daily transactions. As of Wednesday, Shibarium has generated 4.63 million transactions and jumped 7,154% in just five days. It has created 11 million blocks and is now among the widely used blockchains in the ecosystem. Will Shibarium’s usage propel Shiba Inu (SHIB) in the charts? Let’s find out. Also Read: Can Shiba Inu Fall to $0? Shibarium Network Activity To Make Shiba Inu (SHIB) Surge in Value? Source: bitcoinmagazine.com The brimming network activity on Shibarium propelled Shiba Inu to climb nearly 2% on Wednesday. That’s an average spike even on any given normal day when the markets are not under pressure. SHIB went from a low of $0.00001299 to a high of $0.00001345 during Wednesday’s trading session. Also Read: Shiba Inu: AI Predicts SHIB Price For June 15, 2025 Sourc...