Posted 12/21/2023, 11:36:32 PM
ShibChain Launches as New Layer-2 Solution to Scale Shiba Inu Ecosystem, Drive Adoption Through Low Fees and Real-World Use Cases
- ShibChain is a new Layer-2 scaling solution for Shiba Inu built on Polygon's framework that utilizes SHIB for gas fees
- ShibChain will allow spending SHIB on games, NFTs, and DeFi, creating real-world use cases and demand
- Transactions on ShibChain cost only 300 SHIB ($0.0031) with 2,000 TPS, making it efficient for the ecosystem
- With 157.7 million transactions, Shibarium data shows growing adoption and usage of SHIB
- As major exchanges join Shibarium, transactions and SHIB burns are expected to increase significantly