Shibarium Surpasses 1M Wallets with Rapid Growth, SHIB Still Lagging Behind

The number of wallets on Shiba Inu’s recently launched layer-2 blockchain, the Shibarium network, has exceeded 1 million, marking a remarkable surge since its relaunch.

This significant milestone, shared in a blog post by the Shibarium team on September 3, indicates that approximately 900,000 wallets have been added since Shibarium’s relaunch on August 28, just two weeks after its initial launch, which experienced some technical challenges.

Additionally, various metrics highlight the activity on the Shibarium network, including the total value locked (TVL) and the price of SHIB over the last month.