$SHIB The Shiba Inu (SHIB) layer 2 Shibarium network is seeing a surge in new accounts. According to data on Shibariumscan, active Shibarium accounts have increased by 55.35%.

Furthermore, new accounts have increased by approximately 222%, with up to 116 new accounts created daily. This brought the total number of new accounts on Shibarium to a whopping 26,920.

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Furthermore, the total number of addresses has increased by more than 1.25 million, while the total number of transactions on the network has exceeded 3.04 million. However, despite the increasing number of people coming to the Shibarium, Shiba Inu (SHIB) prices continued to decline throughout 2023.

Since reaching a yearly high in February, SHIB prices have fallen about 53%. Meanwhile, Bitcoin is up about 60% and Solana is up nearly 120%.