Shiba Inu's Layer-2 blockchain, Shibarium, has officially processed over 1 billion transactions, achieving this landmark feat in under two years since its August 2023 launch. This milestone underscores the network's scalability and the vibrant engagement of its community.
Breaking Down Shibarium's Record-Breaking Performance
- Transaction Volume: As of March 31, 2025, Shibarium recorded 1,001,311,027 transactions, with a peak daily count of 4 million.
- Speed Compared to Bitcoin: While Bitcoin took 15 years to reach 1 billion transactions, Shibarium accomplished this in just 593 days (84 weeks).
- Network Robustness: Despite initial technical hurdles post-launch, the network has maintained uninterrupted operation since late August 2023.
👉 Explore how Shibarium's growth compares to other top blockchains
Key Shibarium Network Statistics
| Metric | Value |
|---|---|
| Total Blockchain Addresses | 193.93 million |
| Mined Blocks | 10.23 million |
| Average Block Time | 5.0 seconds |
| Active Accounts (Current) | 917 (89.01% decline) |
Why This Milestone Matters
- Scalability Proven: Handling 1 billion transactions demonstrates Shibarium's capacity for high throughput.
- Community Adoption: Nearly 194 million addresses interacted with the network, reflecting strong user trust.
- Efficiency Benchmark: The 5-second block time rivals leading Layer-2 solutions.
FAQs About Shibarium's Achievement
Q: How does Shibarium's transaction speed compare to Ethereum?
A: Shibarium processes transactions faster (5-second block time) than Ethereum’s average, making it ideal for high-frequency use cases.
Q: What caused the drop in active accounts?
A: Fluctuations are common post-milestone; the network’s total addresses still show steady long-term growth.
Q: Is Shibarium eco-friendly?
A: Yes! As a Layer-2 solution, it reduces the energy footprint by bundling transactions before settling them on Ethereum.
The Road Ahead for Shibarium
With its rapid adoption, Shibarium is poised to integrate more decentralized applications (dApps) and DeFi projects. Analysts predict its next target could be 5 billion transactions by 2026, given current growth trajectories.
👉 Learn how to leverage Shibarium for your blockchain projects
Note: Always conduct independent research before engaging with blockchain networks. This article does not constitute financial advice.
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