Shibarium, Shiba Inu's layer two blockchain solution, made a remarkable comeback today, with daily transactions exceeding the 12,000 mark. This is a 150% increase from the day before. 📈

Despite the rise, the number of daily transactions is far from its peak in mid-April, when the figure soared to almost a million.

Shibarium has been in the spotlight recently for two major updates to its ecosystem. The developers have announced that the next update is scheduled for May 2 via a hard fork. 🔄

Despite these gains and the noticeable increase in the burn rate of the SHIB token, the price of Shiba Inu fell 14% in a week.