Shibarium Transactions Surge 74% in 24 Hours

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Shibarium, the layer-2 blockchain of the Shiba Inu ecosystem, recorded a 74% increase in daily transactions over the past 24 hours. According to Shibarium Scan data, the daily transaction count rose from 661 on July 21 to 1,151 on July 22. The increase comes as the wider Shiba Inu ecosystem remains quiet and the SHIB price awaits a bullish market catalyst.

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Transaction count on Shibarium increased 74%, but SHIB price awaits a catalyst; unclear if this drives value.

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