Shiba Inu's layer-2 network, Shibarium, is set to relaunch to the public following the resolution of issues that caused its initial shutdown, with enhanced features implemented to handle future traffic spikes and plans for the addition of more validators.
Shibarium, the Layer 2 protocol for Shiba Inu, is almost ready for reopening after experiencing initial technical issues, according to lead developer Shytoshi Kusama; a pro-XRP attorney states that the SEC lawsuit has caused significant damage to Ripple and XRP's adoption, delaying their progress by three years; scammers are targeting the Shiba Inu community with fake accounts and fraudulent links.
Shiba Inu price rebounds as more investors accumulate tokens and Shibarium prepares for relaunch, with SHIB's price increasing by 1.71% in the past 24 hours.
Shibarium, the Shiba Inu Layer 2 solution, is preparing to go public with exciting updates and enhancements, including a new monitoring system, additional fail-safes, and a revamped testnet explorer called Puppyscan.
Despite the launch of the Shibarium Layer 2 protocol being abruptly halted for repairs, the majority of Shiba Inu (SHIB) investors find themselves in significant losses, with 74% of SHIB holder addresses in the red and a total of 951,320 addresses trapped in losses.
The relaunch of Shiba Inu's layer-2 scaling solution, Shibarium, has attracted over 50,000 wallets and caused a rally for Bone ShibaSwap, resulting in a 6.6% increase in one day for the altcoin.
Popular exchange Bitstamp has highlighted the upcoming relaunch of Shibarium as one of the top three crypto trends of the week, following the blockchain project's technical issue during its initial launch.
The Shiba Inu ecosystem's new Shibarium blockchain is attracting new users as its total addresses reach a new record of 3.56 million, with over 260,000 transactions already processed on the Layer 2 blockchain.
The Shiba Inu blockchain, Shibarium, is ready for its public (re)launch after resolving initial issues, and Everlodge is selling out of its presale as it aims to democratize fractional ownership of vacation rental properties through blockchain and NFTs.
Shibarium, the scalable and decentralized solution for Shiba Inu, has launched in private mode, attracting new users and showing significant growth in wallet addresses and transactions on the blockchain.
Shibarium, a layer-2 blockchain developed by the Shiba Inu team, has reopened fund withdrawals on its bridge to Ethereum, allowing users to move assets between the two networks.
Shiba Inu's scaling solution Shibarium is now live and functioning well, allowing users to withdraw SHIB, WETH, LEASH, and BONE tokens with withdrawal times ranging from 45 minutes to 7 days.
A Shiba Inu whale moves trillions of SHIB tokens after the project's layer-2 scaling solution, Shibarium, is brought back online, following technical difficulties and an influx of users.
