Shiba Inu's Layer 2 (L2) blockchain network, Shibarium, has achieved a groundbreaking milestone of 1 million wallets and is nearing 1 million transactions. The network has launched a hosted Blockscout explorer, expanded its token bridge, and verified its Wrapped BONE (WBONE) contract, signaling robust growth and enhanced functionality.
Key Milestones and Updates
1. Shibarium Hits 1 Million Wallets
Shibarium’s rapid adoption underscores its appeal as a fast, low-cost L2 solution. Despite minor user concerns about ultra-low gas fees, the network views this as a competitive advantage for scalability and accessibility.
2. Hosted Blockscout Explorer Launched
The new hosted Blockscout explorer on Shibariumscan enables real-time blockchain indexing and contract verification. Users are encouraged to:
- Verify contracts using Blockscout’s system.
- Conduct DYOR (Do Your Own Research) for transparency.
👉 Explore the Blockscout explorer
3. Token Bridge Expansion
Shibarium’s bridge now supports cross-chain transfers for multiple tokens:
| Token | Contract Address |
|--------|-------------------------------------------------------|
| USDT | 0xaB082b8ad96c7f47ED70ED971Ce2116469954cFB |
| USDC | 0xf010f12dcA0b96D2d6685bf4dB3dbB4Ad500B6Ad |
| DAI | 0x0726959d22361B79e4D50A5D157b044A83eC870d |
| WBTC | 0xE984D89fb00D0B44E798A55dc41EA598B0b0899d |
| XFUND | 0x89dc93C6c12CaE47aCAf4aD9305d7A442C30dBB2 |
4. Wrapped BONE (WBONE) Contract Verified
The WBONE contract (address: 0xC76F4c819D820369Fb2d7C1531aB3Bb18e6fE8d8) is now publicly verified, ensuring trust and interoperability for DeFi applications.
Future Roadmap
- BONE Contract Renunciation: Planned within the week to decentralize control.
- Validator Expansion: Additional validators will be added to enhance network security.
- Developer Onboarding: Shibarium invites builders to innovate atop its L2 infrastructure.
Conclusion
Shibarium’s achievements reflect its commitment to scalability, transparency, and community-driven growth. With tools like Blockscout and an expanding token bridge, the network is poised to empower self-sovereign financial ecosystems.
FAQs
1. What is Shibarium?
Shibarium is a Layer 2 blockchain by Shiba Inu, designed for fast, low-cost transactions while leveraging Ethereum’s security.
2. How do I use the Blockscout explorer?
Visit Shibariumscan to track transactions, verify contracts, and explore on-chain data.
3. What tokens are supported by Shibarium’s bridge?
USDT, USDC, DAI, WBTC, and XFUND are now supported for cross-chain transfers.
4. Why is WBONE important?
Wrapped BONE (WBONE) enables seamless interoperability with other DeFi protocols, expanding utility within the Shibarium ecosystem.