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
It has been announced that the crypto exchange Gate.io would integrate with Shibarium, the layer-2 network for Shiba Inu. Shibarium has reached a turning point with the backing of a key figure in the industry. As a layer 2 solution, Shibarium is working to improve the Shiba Inu ecosystem by
Bone ShibaSwap (BONE), has hit an ATH on the Shibarium layer-2 scaling solution, signaling the cryptocurrency’s promising future. Shibarium’s validator tracker shows that the number of staked BONE tokens has reached 26,020,173.6431. This remarkable staking number was fueled by the increasing number of validators that have signed up for the
Investors have taken notice of a significant achievement by the Shibarium Network, a Layer-2 blockchain. ShibariumScan reports that the SHIB network has achieved 1 million blocks, marking a major milestone for the SHIB ecosystem as a whole. The need for effective and scalable solutions is also brought to light. The
Shiba Inu, the unconventional meme coin, has always strived to stay ahead of its meme coin counterparts. For instance, the launch of its own blockchain last month, Shibarium made waves. As in recent development, the Shiba Inu team has shared an important update regarding their efforts to renounce the contract
Shiba Inu’s layer-2 scaling solution, Shibarium, has seen exponential growth over the past day according to recent data. The total number of addresses on the Shibarium network has tripled to 337,000 in just 24 hours. Alongside the flood of new addresses, transaction activity is also skyrocketing. Over 540,000 transactions have
Shibarium, the layer-2 blockchain for Shiba Inu (SHIB), has reached a significant milestone after its relaunch. Recently, Shibarium has surpassed 100,000 wallets on the platform, with more than 35,000 coming within 24 hours of its relaunch. Moreover, the memecoin Shiba Inu has shown a notable surge. According to Shibariumscan, the
Shiba Inu’s Ethereum layer 2 solution, Shibarium, has been relaunched after an initial public release marred by technical glitches and widespread FUD. After its initial launch on August 16th, the project has successfully overcome its initial obstacles, with the network now demonstrating impressive growth and potential. The initial launch of
The eccentric memecoin, Shiba Inu, has taken the number one trending spot within the crypto community, as indicated by CoinMarketCap. It has been a prominent topic since its mainnet blockchain – Shibarium’s launch. However, Shibarium failed to meet the high expectations of the dog community. The launch was abruptly halted
After days of examining, testing, and fine-tuning, the Shiba Inu team lead by primary developer Shytoshi Kusama relaunched the Shibarium mainnet. Post announcement that Shibarium is now again operational, the price of Shibarium’s gas token Bone ShibaSwap (BONE) jumped by 14% in the last 24 hours as per data from
