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Shiba Inu Achieves Major Milestone as SHIB Transactions Processed Surpasses 1,000,000,000

source-logo  thecryptobasic.com 01 April 2025 08:58, UTC

Shiba Inu Layer-2 blockchain Shibarium has achieved an incredible milestone by processing its one billionth transaction in less than two years after its launch.

In an interesting development, Shibarium transaction volume has surpassed 1 billion. This implies that the popular Layer-2 blockchain has processed over 1 billion transactions since its launch in August 2023, less than two years ago.

Shibarium reached the incredible milestone of 1 billion transactions yesterday after recording a daily transaction count of 4 million. Notably, Shiba Inu’s blockchain has crossed the 1 billion mark, as it currently boasts a transaction volume of 1,001,311,027 (1.001 billion).

Shibarium latest stat

Surpassing the 1 billion transaction mark in less than two years indicates that Shibarium can handle high volumes, which is a testament to its robustness and the community’s active participation.

Shiba Inu Shibarium Achieves Feat Faster Than Bitcoin

This remarkable feat puts Shibarium on the list of blockchains that have processed over 1 billion transactions. Several blockchains, like Bitcoin and Ethereum, have already crossed the 1 billion mark.

However, compared to most established blockchains, Shibarium’s journey to the 1 billion transaction mark was fast. For instance, while it took Bitcoin 15 years to hit the one billion transaction mark, Shibarium achieved the feat in less than two years.

Shibarium launched on August 16, 2023, recording its first transaction. Despite the technical issues that took the network offline for two weeks after its launch, it resumed activity in late August 2023 and has remained operational ever since.

Shibarium processed its one billionth transaction on March 31, 2025, suggesting that the network achieved the milestone in 593 days, or 84 weeks and five days.

Other Shibarium Stats

Meanwhile, the popular L2 blockchain boasts other incredible stats. Notably, 193,929,845 (193.93 million) blockchain addresses have interacted with Shibarium since its launch. The network has mined a total block of 10,233,246 (10.23 million), with an average block time of 5.0 seconds, according to data from Shibariumscan.

At press time, Shibarium boasts a total of 248,608 accounts, with only 917 of them currently active. This represents a sharp decline of 89.01% compared to the 8,346 active accounts recorded on the previous day.

thecryptobasic.com