Shibarium Beta Surpasses 14 Million Wallet Milestone

• The Shibarium beta network currently has 14,061,584 wallets.
• The network has processed a total of 4,552,506 transactions, for a daily average of 68,782.

The Shiba Inu ecosystem’s layer-2 network solution, Shibarium, is making great gains in beta testing. Just four weeks following its relaunch with an improved Chain ID, the beta version of the network, Puppynet, has already amassed more than 14 million wallets. 

According to Puppyscan, Puppynet’s official block explorer, the Shibarium beta network currently has 14,061,584 wallets. These figures might be indicative of the likely response to the release of Shibarium.

Rapid Growth in Short Span

Just one month after its redeployment on March 24, the test network has accomplished this. When the testnet came back online on April 13 after being out for 14 hours, the number of wallets had risen to 3,122,259 (3.12 million). Incredibly, the number of wallets on the test network has surged by 350% in only nine days, reaching a total of 14 million.

In addition, Puppynet’s performance in other areas has improved. At the time of reporting, the network has processed a total of 4,552,506 transactions, for a daily average of 68,782.

In addition, the network has processed a total of 489,457 blocks thus far. Despite the increased traffic, the network’s average block time has not changed from 5 seconds. The increase in a number of metrics and performance indicators is indicative of intensive testing happening on the Shibarium beta network at the present time.

Meanwhile, there has been a rise in demand for Bone ShibaSwap (BONE), which serves as both a governance token for ShibaSwap and a gas token for Shibarium. OKX has lately brought the asset to consumers’ attention as one of the meme tokens it may list, giving them a total of five options.