Shiba Inu and its layer-2 solution, Shibarium’s Puppynet, are exhibiting impressive growth with over 2.5 million transactions recorded on the beta testnet.
Puppynet, which was relaunched on March 24, has already recorded over 100,000 wallet addresses within the first week, and this growth shows no signs of slowing down.
As of April 11, Shibarium processed 890,399 transactions in just one day, with an average block time of 328,985 blocks produced.
Additionally, 71 different tokens based on Shiba Inu’s layer-2 technology have been created. Shiba Inu has also seen a surge in token burns, with over 34.92 million SHIB burned in three transactions, with 25.31 million SHIB coming from a single wallet associated with Coinbase.
