Shibarium, the layer-2 scaling solution affiliated with the Shiba Inu blockchain, has a new transaction scanner as transactions on the platform exceed 700,000
In the ecosystem, DogSwap, MARSWAP, WoofSwap, Woof Finance, and Shibex are currently the top projects by TVL, albeit with varying rates of daily and weekly changes.
Despite the optimistic metrics, Shibarium hasn't had an entirely smooth journey to this point. As reported earlier, the mainnet faced technical hiccups, including its RPC going offline and issues with its cross-chain bridge locking up Ethereum. These technical setbacks temporarily caused Shiba Inu's price to slump.
Balancing both optimism and caution, it's evident that Shibarium has made considerable progress since its recent launch.
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