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The chief developer of Shiba Inu claims that Shibarium's trading volume exceeds Cardano's by eight times.

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#Layer2
ZyCrypto
740Words
Jan 11, 2025

Shytoshi Kusama, the chief developer of Shiba Inu, praised the success of Shibarium, a Layer 2 blockchain network supporting the Shiba Inu ecosystem. Kusama revealed that Shibarium has processed nearly 800 million transactions, which is 8 times that of Cardano. Although community member Murat Aydın expressed concerns about Shibarium's roadmap, Kusama emphasized that Shibarium is no longer in the testing phase and introduced the efforts the team has made to enhance the ecosystem, including a redesigned website and a newly launched podcast. With the TREAT token set to launch soon, expectations for the Shibarium ecosystem are continuously rising. Kusama detailed the broad vision of the Shiba Inu ecosystem in a blog post, planning to compete with larger blockchain networks by developing a technology stack that includes AI, Web3 gaming, the metaverse, and decentralized identity solutions. Kusama also reiterated the importance of $BONE as the fuel token for Shibarium and hinted that the upcoming Layer 3 solutions and optimistic rollups will further increase the utility of BONE. By processing nearly 800 million transactions, Shibarium is solidifying its position as a major blockchain competitor, surpassing Cardano in transaction volume.

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