# Shibarium: The Latest Advancements In Shiba Inu’s Layer-2 Scaling Solution
Shiba Inu has been making headlines in the crypto world for quite some time now. The recent launch of Shibarium, their layer-2 scaling solution, has brought the project into the spotlight even more. In this article, we’ll dive into the latest developments on Shibarium and what it could mean for the future of Shiba Inu.
## What Is Shibarium?
Before we dive into the latest updates, let’s first take a closer look at what Shibarium is all about. In simple terms, Shibarium is a layer-2 scaling solution for the Shiba Inu network. It’s designed to help the network handle more transactions and improve its overall scalability. Shibarium achieves this by taking some of the processing load off the main blockchain.
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At its core, Shibarium is a sidechain that operates on top of the main Shiba Inu blockchain. This means that when users make transactions on the Shiba Inu network, they can choose to do so through Shibarium instead of directly on the main blockchain. By doing so, they can benefit from faster and cheaper transactions.
## Shibarium Testnet Sees Increased Activity
Shibarium has been in development for some time now, and the project reached a major milestone in early April with the launch of the Puppynet beta testnet. Since then, we’ve seen a lot of activity on the testnet.
According to data from PuppyScan, there have been over 3.3 million transactions on the testnet thus far, with an average block time of 5 seconds. What’s more, the number of unique wallets has skyrocketed, reaching over 12.6 million in just four days. These numbers are a testament to the growing interest in Shibarium and its potential to improve the Shiba Inu network’s scalability.
## Bone Token Draws Attention
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Shibarium isn’t the only aspect of the Shiba Inu project that’s gaining attention. The Bone token, which will be used to pay for transaction fees on Shibarium, is also drawing interest. CetoEX, a Dubai-based crypto exchange, has already announced that it will add support for Bone on its platform.
It’s worth noting that Shytoshi Kusama, the main developer and co-founder of the Shiba Inu project, has warned the community to watch out for tokens that use his name or image. He’s not affiliated with any of these tokens and encourages users to do their own research to avoid being scammed. He’s also emphasized that there is no official Shibarium token as it’s a layer-2 blockchain.
## SHIB Gets Added To Binance’s Regular Trading Platform
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In another positive development for the Shiba Inu project, Binance, the world’s largest crypto exchange, has announced that it will move SHIB out of its innovation zone and onto its regular trading platform. This move indicates that the exchange has confidence in the project’s potential and places SHIB in the same league as other popular cryptocurrencies.
# Final Thoughts
Shibarium represents an exciting development for the Shiba Inu project. It’s a promising solution to the network’s scalability issues and it’s finally starting to garner attention from investors and developers alike. The Bone token also has the potential to be a significant part of the Shiba Inu ecosystem, making transactions faster and cheaper on the network.
As always, it’s important to stay informed and do your own research before investing in any cryptocurrency. However, it’s clear that the Shiba Inu project is making strides and could have a bright future ahead.