Shibarium Utility Skyrockets to Record Levels within 48 Hours

• Shibarium testnet transactions surge: approaching 30 million and counting
• Shibarium beta Puppynet: wallet addresses hold steady as launch anticipation builds
• Shibarium launch update: Eth Toronto conference holds key to major announcements

According to data from the Puppyscan explorer, there has been a notable increase in the number of Shibarium testnet transactions over the past two days. The total transaction count has reached nearly 29 million, and if this growth rate continues, it may reach the milestone of 30 million by the weekend.

The number of wallet addresses associated with Shibarium beta Puppynet remains at 17,061,579, with no new wallets connected in the past week or longer. Puppynet was launched on March 11 this year after an extended period of anticipation within the SHIB community.

Initially, Shytoshi Kusama, the lead developer of Shiba Inu, mentioned that Shibarium would be available “well before May” when asked by users. However, when similar inquiries persisted before June, Kusama clarified that his previous statement was misinterpreted and that he was no longer focused on specific dates.

A recently published blog post suggests that Shibarium is expected to launch sometime after August 16, once the Eth Toronto conference concludes, where SHIB will be among the sponsors. Kusama stated that significant SHIB-branded projects would be announced at the conference, and he plans to deliver a virtual speech using AI technology.

Given Kusama’s preference for anonymity, it is highly unlikely that he will reveal his true identity during the Eth Toronto event. Lucie, the official marketing specialist of Shiba Inu, mentioned on her Twitter page that an exact release date for Shibarium mainnet has yet to be determined, although the developer team is nearing completion of the project.