Shibarium daily transactions surge 151% as Shiba Inu rebounds

Shiba Inu’s layer-2 network, Shibarium, experienced a notable increase in activity as daily transactions jumped within the last 24 hours. According to data from Shibariumscan, transactions soared from 970 on October 8 to 2,440 on October 9, reflecting a 151% rise. This sharp increase followed a period of declining network activity, which saw transactions plummet to 970 on October 8 from 5,710 two days earlier. Since the beginning of October, Shibarium had shown a gradual uptick in transaction volume, building over six days before the abrupt downturn that led to this sudden recovery.

Source: CoinTurk News