Shiba Inu’s Shibarium blockchain experienced a 75% drop in active accounts and transactions, raising concerns about the network’s activity and sustainability.
Points
- Shibarium saw a 75% drop in active accounts and transactions within 24 hours.
- The number of active accounts fell from 657 to 168.
- Transaction numbers dropped from 5,396 to 1,300.
- Despite the decline, new account creation increased by 42.8%.
- Average gas fees paid in BONE rose significantly.
Anomalous activity on Shiba Inu’s Shibarium blockchain has raised concerns about the network’s activity and sustainability. Data from Shibariumscan revealed that the number of active accounts interacting on the network plummeted from 657 to 168 within 24 hours, marking a dramatic 75% drop. This decline in active accounts led to a corresponding drop in transaction numbers, which fell from 5,396 to 1,300 during the same period.
Despite the significant drop in active accounts and transactions, Shibarium saw an increase in new account creation. The number of new accounts rose from 14 to 20 per day, representing a 42.8% increase. Additionally, the average amount of BONE paid as gas fees increased from 0.008 to 0.0145, an 81.25% rise over the reviewed period.
The drastic reduction in active accounts and transactions contrasts sharply with the network’s increase in new accounts and gas fees. This unusual activity has sparked speculation about the factors contributing to the decline and the potential impact on Shibarium’s long-term sustainability.
The recent hack of India’s largest crypto exchange, WazirX, for $100 million in Shiba Inu tokens has likely influenced Shibarium’s activity. The hack created a volatile environment, affecting the behavior of Shiba Inu holders and the overall network activity.
解説
- The significant drop in active accounts and transactions on Shibarium highlights the network’s current challenges and potential vulnerabilities.
- The increase in new accounts and gas fees suggests that while some users are leaving, others are joining and willing to pay higher fees, indicating mixed sentiments among users.
- The WazirX hack’s impact on Shibarium underscores the interconnectedness of crypto networks and the ripple effects of security breaches.
- Understanding the underlying causes of such anomalies is crucial for assessing the network’s sustainability and making informed decisions about its future.