Shibarium activity has accelerated sharply in recent days, drawing attention across the crypto market. The spike pushed daily transactions past key psychological levels, signaling renewed momentum. However, the underlying data indicates the surge may not reflect genuine user demand. Instead, network upgrades appear to have driven much of the recent activity.
Shibarium Transactions Surge on Upgrade-Driven Activity
Data from Shibariumscan showed that the Shibarium network recorded a rapid increase in daily transactions. Activity climbed from 650 transactions on March 22 to 10,940 by March 26. This marked a 1,583% surge within four days.
Reports indicated that prior to this spike, Shibarium activity had slowed significantly. Daily transactions often remained below 1,000. The March 22 figure represented the lowest level recorded in the past month.
Read more: coinmarketcap.com
Source: CRYPTO WORLD NETWORK NEWS
