The recently launched Puppynet Beta Testnet has garnered significant adoption and engagement, with impressive numbers recorded on Puppyscan, the official explorer for the test network. Shiba Inu community members are eagerly awaiting the launch of Shibarium, the ecosystem’s layer-2 scaling solution
Puppynet gains more adoption and engagement
As of the time of writing, the total transactions executed on Puppynet have reached a staggering 27,043,014, indicating a high level of activity within the network. Furthermore, the full blocks produced on the network have exceeded 1,562,978, demonstrating its robustness. Notably, the average block time on the Puppynet Beta Testnet currently stands at an impressive 6.8 seconds.
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One of the key indicators of the growing anticipation for Shibarium is the increasing number of wallet addresses connected to Puppynet. Puppyscan reveals that 17,055,354 wallet addresses have interacted with the test network as of July 6, highlighting substantial ongoing testing efforts to ensure the effectiveness of the mainnet solution. These developments strongly suggest that Shibarium will enjoy widespread adoption upon its launch.
Shytoshi Kusama hints at the mainnet launch
Lead developer Shytoshi Kusama has provided hints regarding the mainnet launch, indicating that it may be closer than expected. In a recent update, Kusama teased a new launch date and unveiled the planned strategy, further fueling excitement within the Shiba Inu community.
Given the optimism surrounding Shibarium’s upcoming release, some community members speculate that the price of the meme token, SHIB, could surge to the $0.001 price level. This would represent a remarkable increase of 13,096% from its current price.
Currently trading at $0.000007578, SHIB has seen positive movement over the past seven days, with a 3.92% increase. However, in the last 24 hours, the price has experienced a slight decline of 1.88%.
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The Shiba Inu community remains highly engaged and continues to closely monitor the progress of Shibarium’s development. With the impressive activity on Puppynet and the anticipated mainnet launch, Shiba Inu enthusiasts eagerly look forward to the scalability solutions that Shibarium will bring to the ecosystem.
Disclaimer: The information provided in this article is based on the current status of the Shiba Inu project and its associated developments. Cryptocurrency investments carry inherent risks, and conducting thorough research and exercising caution before making any financial decisions is crucial.