Activity on the Shiba Inu L2 increased. And while token usage also surged, Shibarium's TVL stabilized due to inconsistencies with DEX transactions.
As of 23 August, very few transactions were made on Shibarium. Fast forward to 30 August, daily transactions rose to 68,402. This brought the total transactions on theThe growth in wallets implies how adoption has been impressive with the Shiba Inu ecosystem.
When the Shiba Inu team ideated Shibarium, it aimed to create an L2 backed by SHIB tokens, and built on theWhile it has been put the project for public use, there was a quiet period where the SHIB community did not experience traction despite the hype around it. Interestingly, the hike in addresses and transactions has also spread to the Shibarium Total Value Locked .reached $1.42 million. The TVL shows the level of unique deposits into a protocol.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada's competition bureau ordered to pay nearly $10 million to Rogers, Shaw(Reuters) - Canada's merger court asked the competition bureau to pay about C$13 million ($9.58 million) to Rogers Communications and Shaw ...
Read more »
Olympics-Nearly half of Australian elite athletes living below poverty lineSYDNEY (Reuters) - The Australian Olympic Committee (AOC) has urged the government to invest more money in sport after a survey of elite athletes found ...
Read more »
European car sales rise 15% in July, EVs up nearly 61%LONDON (Reuters) - European new car registrations jumped 15.2% in July, the 12th consecutive month of growth as the auto industry recovers from ...
Read more »
Canada's competition bureau ordered to pay nearly $10 million to Rogers, ShawThe Competition Tribunal, Canada's merger court, in a ruling dated Aug. 28 said the Commissioner of Competition Matthew Boswell's approach to block the deal was 'unreasonable'. The Rogers-Shaw merger had faced intense opposition from Canada's antitrust regulator whose efforts to block it were rejected by the Competition Tribunal and a Canadian court.
Read more »
Canada underestimating non-permanent resident count by nearly 1M: CIBCThe bank estimates the number of non-permanent residents who overstayed their visa expiry date between 2017 and 2022 was north of 750,000.
Read more »
SentinelOne scraps Wiz partnership nearly a week after bid interest(Reuters) - SentinelOne said on Wednesday it had terminated a partnership with cybersecurity startup Wiz, citing
Read more »