Shiba Inu’s Layer-2 blockchain, Shibarium, has achieved a significant milestone by surpassing 100 million transactions. The network has experienced a surge in activity, with a daily transaction count of 7.36 million. This achievement has been celebrated by the Shiba Inu community, with the official X account referring to it as a “moonstone.” The community’s active involvement in shaping the blockchain ecosystem has been highlighted.

Lead developer Shytoshi Kusama recently shared a tweet praising Shibarium, which has sparked anticipation within the community about potential updates or advancements. Shibarium has overcome initial challenges since its launch, experiencing remarkable growth in transactional activity. The network consistently processes over 7 million transactions daily, with a temporary dip on December 9. However, it quickly rebounded and has now surpassed 103 million transactions.

In addition to transactional metrics, Shibarium has seen notable growth in the number of addresses engaging with the blockchain, total blocks minted, and the launch of digital assets. This turnaround underscores its increasing prominence and adoption within the crypto community.

The price of Shiba Inu (SHIB) has also seen a surge, with a 6.59% increase in the past 24 hours. The potential for an extended uptrend is suggested by multiple bullish signals on the chart. Maintaining levels above the crucial $0.000010 threshold is important for the continuity of the upward trend, with resistance levels anticipated at $0.0000125 and $0.000015. Traders and investors are closely monitoring these key levels to gauge the cryptocurrency’s short-term trajectory.