Shiba Inu Shibarium’s Puppynet testnet has seen its total transaction volume cross the 10 million mark, a sign of massive adoption and use among community members.
Shibarium is an Ethereum-based layer2 solution built for the Shiba Inu ecosystem. While the mainnet is not ready, the team made its Puppynet testnet available to the public some weeks ago.
According to Puppyscan, Puppynet has completed 10.3 million transactions and processed 921,214 blocks as of press time. The average block time is 5 seconds, while the network’s wallet addresses are above 15 million.
Meanwhile, the daily transactions on the network have been on the rise since the middle of May. The network has averaged more than 300,000 daily transactions since May 12.
Over 3 billion SHIB burnt
Meanwhile, the rise in network activity means more utility for Shiba Inu and an increase in the SHIB burn rate. In the past…
