New data shows that the number of transactions through the testnet of Shibarium, Shiba Inu’s (SHIB) highly anticipated layer-2 project, has more than doubled since last month.
According to blockchain tracker Blockscout, Puppynet is to display explosive growth as more than 9.5 million transactions have taken place since its launch in March, compared to 4.4 million last month.
Shibarium, a layer-2 protocol built on top of Ethereum (ETH), designed to create fast and low-cost scalable solutions, similar to Polygon (MATIC), will be officially launched sometime in the second half of the year, although no specific date has been announced. has been announced. still set.
Although the number of transactions on the testnet has grown tremendously since its launch, Shytoshi Kusama, the pseudonymous developer responsible for the project, previously warned traders that tokens on Puppynet were not considered investments.
“All tokens on Puppynet are NOT REAL. Don’t spend hard earned SHIBS on these tokens when you see them, no matter how hard people, anyone, shills.
Blockscout also discovers that nearly 16 million wallet addresses have interacted with Puppynet to date, with the gas cost being 1.03 Gwei, which is a fraction of a cent.
Shiba Inu is trading at $0.000009 at the time of writing, a fractional dip over the past 24 hours.
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Image generated: Midway through the journey
