The PuppyNet, the test of the Shibarium, took a major step as the number of transactions it can process increased to 30 million. This states that there is an increase in the Shibarium network activity which could lead to a boost in SHIB and the Shibarium gas token prices.
Shibarium PuppyNet Test
Puppyscan, the blockchain explorer, says that PuppyNet has been able to complete the transactions since its launch on March 11th. On May 20th, PuppyNet managed to carry out 10 million transactions while on June 11th, 20 million transactions had been carried out.
The number of blocks processed by PuppyNet went past 1,700,764 and the amount of wallet addresses went up to 17,061,835 dollars. The blockchain is now able to remain stable with the average block time running from 5 to 7 seconds and the Gas fee nearing 1 Gwei. The daily transactions number has gone down to 2.6 million in the past few days.
Shytoshi Kusama has said that the transaction rates and wallet addresses are expected to go higher during the Blockchain Futurist Conference in August. This date will coincide with the Shiba Inu anniversary and the venue is the place where Ethereum was created.
Shiba Inu and Bone ShibaSwap prices have rallied by 30% and 90% respectively. Globally, traders and whales still continue to show interest worldwide in the Shiba Inu ecosystem. The PuppyNet will indeed be a major boost to the price of the Shiba Inu Token
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