Shiba Inu’s layer-2 blockchain, Shibarium, has reached a significant milestone by surpassing 1 billion transactions, demonstrating its rapid adoption and robust performance.
This feat was accomplished in less than two years, an impressive achievement that highlights the growing influence of Shiba Inu’s ecosystem.
Shibarium transactions crosses 1B in under two years
Shibarium officially crossed the 1 billion transaction threshold on March 31, 2025, after processing a staggering 4 million transactions in a single day.
Since its launch on August 16, 2023, the network has steadily gained traction despite an initial technical hiccup that temporarily took it offline for two weeks.
According to data from Shibariumscan, the blockchain recorded 1,003,541,505 total transactions at the time of writing. In addition, Shibarium boasts impressive figures, including 10.24 million total blocks mined and over 194 million blockchain addresses interacting with the network.
With an average block time of just 5 seconds, the layer-2 solution is proving its capability to handle high transaction volumes efficiently.
Shibarium outpaces Bitcoin’s growth
What makes this milestone even more remarkable is the speed at which Shibarium reached it. For comparison, Bitcoin, the world’s first and largest blockchain network, took 15 years to hit 1 billion transactions.
Shibarium achieved the same feat in just 593 days (or 84 weeks and five days), demonstrating the efficiency and scalability of layer-2 solutions.
The success of Shibarium shows the increasing demand for faster and more cost-effective blockchain solutions. As Ethereum’s congestion and high fees remain a concern, layer-2 networks like Shibarium are becoming vital in improving blockchain usability.
Read also: Ethereum Pectra Upgrade Set for Mainnet Launch: Impact on ETH Price
Declining active accounts raise questions
Despite these milestones, there are some concerns about user engagement. Shibarium currently has a total of 248,608 accounts, but only 917 were active at the time of reporting. This translates to a sharp 89% drop from the previous day’s 8,346 active users.
This raises questions about whether the platform can sustain long-term activity or if transaction volumes are primarily driven by automated processes rather than organic user growth.
Accordingly, while Shibarium’s rapid ascent to 1 billion transactions signals strong community support and adoption, maintaining long-term engagement will be crucial. If the network can continue innovating and attracting real-world use cases, it has the potential to remain a major player in the layer-2 space.
Notably, Tangem wallet integrated Shibarium network in 2024 to promote cold storage of Shiba Inu ecosystem tokens. This development came shortly after the Shiba Inu team launched the SHIB Name Service on the layer-2 network.
About Author
