Shibarium Transactions Skyrocket 1,013%: Unraveling the Explosive Growth in the Crypto Ecosystem

Shibarium Experiences Explosive Growth with Over 700,000 Daily Transactions

Shibarium, the layer-2 blockchain of the Shiba Inu ecosystem, has seen an extraordinary surge in daily transactions. Activity has skyrocketed from 63,180 to over 700,000 transactions per day, signaling a major uptick in user engagement.

Record-Breaking Transaction Volume

Data from Shibariumscan reveals that on June 5, the network processed an impressive 710,280 transactions. This represents a staggering 1,013% increase from the 63,180 transactions recorded just two days earlier on June 3, 2025.

Growing Network Adoption

The surge coincides with significant on-chain developments and expanding user adoption. Shibarium now boasts 263,766,738 unique addresses, with daily transactions showing consistent growth. Over the past 48 hours alone, the network processed an additional 1.89 million transactions.

The total transaction count has now reached 1,202,123,654, up from 1,200,232,125 earlier this week.

Market Impact and Recent Developments

While this increased activity could positively influence SHIB's value, the token currently trades at $0.00001228, down 3.99% in the last 24 hours. Trading volume, however, has risen 78.56% to $261.8 million.

Shibarium developers recently implemented an important network update, introducing rate limits on public RPC endpoints. The team is encouraging high-volume users to run their own nodes to support network decentralization, efficiency, and security.

The Shiba Inu community remains optimistic that these developments could help SHIB regain its $0.0000130 price level as adoption continues to grow.