Shibarium, Shiba Inu's layer-2 blockchain, sees 962% spike in new users amid worrying transaction dynamics
, has seen a significant increase in new user accounts, rising 962% in just 24 hours. The number of new accounts per day jumped from 16 on June 15 to 154 on June 16, reflecting growing interest in the network.Interestingly, this surge in new users coincided with an increase in the average amount spent per transaction in BONE, Shiba Inu's native token., the average transaction amount increased from 0.00222 BONE to 0.00458 BONE.
Active accounts decreased from 836 to 766, and total transactions decreased by 63.2% from 13,191 to 4,859 over the same period. This decline raises questions about Shibarium's ability to meet growing demand while maintaining efficiency.The divergence between the increase in new users and the decrease in transactions can be attributed to several factors.
In addition, current market conditions may have led to more cautious trading behavior, resulting in fewer transactions despite a growing user base. Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management.
He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
France Dernières Nouvelles, France Actualités
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