- USDT(TRC-20)
- $0.0
Shiba Inuâs lead developer, Shytoshi Kusama, has praised the success of Shibarium, the layer-2 blockchain network powering the Shiba Inu ecosystem.
On Saturday, the pundit revealed that Shibarium has processed almost 800 million transactions, a figure he boasted was â8 times Charles Hoskinsonâs Cardano.â
The comment came as a response to a Shiba community member, Murat Aydın, who expressed concerns about the clarity of Shibariumâs roadmap. Aydınâs criticism revolved around the lack of communication about the networkâs ongoing testing phase and the uncertainty surrounding the utility of BONE, the ecosystemâs gas fee token.
In his reply, Kusama refuted the notion that Shibarium was still in testing, stating, âDid you just say Shibarium is being tested? Bro, there are 700M transactions.â
He further emphasized the teamâs ongoing efforts to enhance the ecosystem, including a redesigned website and a recently released podcast to address concerns and highlight their âincredible tech.â
Notably, the exchange highlights the growing anticipation within the SHIB Army as the ecosystem prepares for the launch of the TREAT token in less than three days. TREAT, short for âTransactional Rewards for Engagement and Access Token,â is designed to provide rewards and enhance user engagement across Shibariumâs various projects. The token is expected to debut on major exchanges, including Bitget, Gate, KuCoin, and MEXC.
In a blog post on the same day, Kusama elaborated on the broader vision for the Shiba Inu ecosystem, introducing concepts like â36 Chambers of Techâ and âWHY Combinator.â According to Kusama, the ecosystem aims to compete with larger blockchain networks by developing a comprehensive technology stack that includes AI, Web3 games, a metaverse, decentralized identity solutions, and more.
Kusama explained the significance of TREAT in this ecosystem, describing it as a utility token that will incentivize user participation through weekly âTreatDropsâ and grant access to various features within the network.
Despite the focus on TREAT, Kusama also reassured the community about BONEâs critical role as Shibariumâs gas token. He hinted at upcoming developments, including Layer 3 solutions and optimistic rollups, which could settle transactions directly on Shibarium, further increasing $BONEâs utility.
âImagine giving this utility to BONE,â Kusama said, comparing Shibariumâs potential to data availability layers like Celestia. He also teased new cross-chain capabilities facilitated by Chainlink integration, positioning Shibarium as a hub for future blockchain projects.
That said, with nearly 800 million transactions processed, Shibarium is solidifying its place as a major blockchain contender, surpassing Cardano in volume. Kusamaâs remarks underscore the ecosystemâs rapid progress and ambitious vision, setting the stage for significant growth in 2025.