Shibarium Explorer Logs Over 600 Million Transactions as SHIB Hits Resistance

The Shiba Inu token (SHIB) has seen a slight rebound in price over the past day, trading at around $0.0000059 on October 2.

This marks a daily gain of about 2%, according to recent data.

However, what's more impressive is the activity on Shibarium, the Ethereum Layer 2 scaling solution developed specifically for the Shiba Inu ecosystem.

The official Shibarium blockchain explorer has reported over 612 million indexed transactions and 239 million addresses, although it notes that some totals may remain incomplete as indexing is ongoing.