According to Bijié Wǎng, Shibarium, the Layer 2 blockchain of Shiba Inu, saw a 78% surge in transaction volume over the past 24 hours, reaching 4,330 transactions, a significant rebound from the 1,500 low on November 5. SHIB has achieved several milestones, including surpassing 14 million blocks and a network upgrade that enhanced decentralization. Despite the rise in activity, SHIB's price fell 3.14% to $0.0000087, while trading volume increased 27.3% to $180.3 million. A long-term bullish sign is the outflow of 64.89 billion SHIB from exchanges, suggesting potential accumulation.
Shibarium Transaction Volume Surges 78% Ahead of Major Milestone
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