The Puppynet testnet has processed over 700,000 transactions from just under 200,000 unique wallets after its launch on March 11. By shauryamalwa.
Shibarium network’s native testnet, Puppynet, is seeing rising activity ahead of a mainnet release planned for later this year.Puppynet testnet has processed over 700,000 transactions from just under 200,000 unique wallets after its launch on March 11. Much of that spike came in the past week, with over 114,000 transactions over a 24-hour period on March 28-29.
"Moreover, Unification, the firm behind Shibarium, announced that it is working on an all-in-one wallet solution that will enable native two-way asset transfers, staking/delegating, as well as include a Shibaswap integration module. These developments suggest that the value of SHIB and Bone, the native token of the Shibarium network, could witness a near-term price spike, but given the current macroeconomic climate, any such movements will likely to be short-lived," Lin cautioned.
Shibarium is touted as a major development for the Shiba Inu ecosystem, which originally launched as a memecoin fashioned after the popular Shiba Inu dog breed but has since been positioned as a serious blockchain project.
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