Shiba Inu (SHIB) has experienced a significant uptick, with its value surging by 8% in the past 24 hours. This surge is accompanied by a notable increase in trading volume, which has risen by 40%, and a corresponding 8% boost in the market capitalization. The driving force behind this rally
Shibarium has significantly lowered the bridge time between Shiba Inu’s Layer 2 blockchain and Ethereum, improving user experience and operational efficiency. The seven-day bridge period in the past sometimes disrupted otherwise smooth operations. But by cutting that time to less than an hour, Shibarium accomplished something really remarkable. Shibarium has
The decentralized exchange ShibaSwap has been moved to the Shibarium blockchain, according to an announcement made today by SHIB, a major ecosystem of decentralized finance (DeFi) cryptocurrencies that has been popular among millions of holders globally. It will now be possible to use the DEX both Shibarium and Ethereum. With
Just recently, the Shiba Inu (SHIB) team announced the release of ShibaSwap on Shibarium, a solution for layer-2 scaling, much to the delight of its community. With the release of ShibaSwap on Shibarium, the much-anticipated platform for the Shiba Inu ecosystem, the project has entered a new phase of rapid
Many in the cryptocurrency world are taking notice of Shiba Inu’s L2 blockchain Shibarium now that its hard fork has been completed. Aiming to improve the Shibarium blockchain’s transaction stability and help the network achieve ‘deterministic finality,’ the second upgrade, the Heimdall hard fork, follows the successful Bor hard fork.
SHIB, a global leader in the decentralized finance (DeFi) cryptocurrency space with millions of users, said today that it will move its decentralized exchange, ShibaSwap, from Ethereum to the Shibarium blockchain on April 30. The change represents the fundamental improvement in ShibaSwap’s evolution into “ShibaSwap,” empowering creators, cultivating relationships, and
Shiba Inu (SHIB) has lately caused quite a stir in the crypto market. A combination of the meme coin’s rising price and the Shiba Inu L2 Shibarium’s record-breaking TVL performance sent shockwaves. Significant investor interest was immediately piqued by this rise, after the previous big price corrections observed by Shiba
Shiba Inu ecosystem team has recently announced the minting phases for SHEboshis, a collection of 20,000 uniquely generated NFTs designed for the SHIB community. This digital collection has garnered significant attention within the crypto community, with enthusiasts eager to participate in the minting process. The minting process is divided into
The global cryptocurrency market displays a surge in activity as Bitcoin’s rally above $52,500 sparks renewed investor interest, particularly in Shiba Inu (SHIB), the second largest memecoin, which has been muted since its layer 2 blockchain, Shibarium launch. Recent data reveals a notable uptick in new and active addresses for
Layer 2 (L2) solutions have emerged as methods to address the challenges of scalability and efficiency facing Layer 1 (L1) networks. Among the various L2 innovations, Ryoshi Network and Shibarium Network are two options, each with its own approach to improving blockchain performance. This article analyzes Ryoshi Network and Shibarium
