Shiba Inu Team Issues Important Announcement Regarding Ongoing Development On This Project

Shiba Inu team member RagnarShib has issued an important announcement about Shibarium testnet.  

RagnarShib, an official Shiba Inu team member and admin of Shibarium’s Telegram group, has issued an important announcement regarding the testnet version of the Layer-2 blockchain. 

In a tweet yesterday, RagnarShib shared a screenshot highlighting a message from DaVinci concerning the various metrics of the Shibarium testnet, popularly referred to as Puppynet. 

Ongoing Development on Shibarium Testnet 

According to DaVinci, information on the testnet explorer – the platform tracking Puppynet activities – suggests that Shiba Inu developers are currently working on the project. DaVinci urged Shiba Inu community members to “keep an eye” on the project. 

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Puppynet Sees Major Growth 

Meanwhile, data from Puppynetscan shows that the testnet version of Shibarium has been actively used since its inception in March 2023. 

The total number of transactions processed on Puppynet currently stands at 48,931,851 (48.93 million). In addition, the number of daily transactions on the network is presently around 241,260. It bears mentioning that Puppynet’s daily transaction volume surged to an impressive 412,220 on November 23. 

Aside from transaction metrics, the number of wallets interacting with Shibarium testnet has surged to 17,080,970 (17.08 million). 

Additionally, the overall number of blocks minted on Puppynet recently surpassed 3 million, with the current figure standing at 3,004,463. 

While the testnet version of Shibarium has jaw-dropping stats, its mainnet counterpart has also made giant strides recently. As reported earlier, the number of transactions processed on Shibarium mainnet recently surpassed the 4 million mark. 

At the time of writing, the overall number of transactions on the Shibarium mainnet stands at 4,155,050 (4.15 million), while the wallet addresses have reached 1.27 million. Shibarium boasts a total block of 1.8 million, with an average block time of 5.0 seconds. 

Despite the astounding stats recorded on Shibarium, Shiba Inu developers are still working behind the scenes to bolster the network’s adoption. 

Earlier this week, Shiba Inu developers led by Shytoshi Kusama introduced a “Donate” feature for the L2 blockchain, allowing the community to contribute financially towards sustaining the network’s security.   

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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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