Shibarium Experiences 75% Drop in Key Metrics, But New Accounts Surge

Shibarium, the blockchain from Shiba Inu, sees a 75% drop in active accounts and transactions, but an increase in new accounts and gas fees.

Points

• Active accounts on Shibarium dropped by 75% in 24 hours.
• Transaction numbers fell by the same percentage.
• New accounts on Shibarium increased by 42.8%.
• Average gas commission rose by 81.25%.
• The hack of India’s largest crypto exchange, WazirX, involved $100 million in Shiba Inu tokens.

The Shiba Inu blockchain, Shibarium, has seen a dramatic 75% drop in the number of active accounts within 24 hours, according to data from Shibariumscan. Active accounts fell from 657 to 168, causing a similar 75% decline in transaction numbers, which dropped from 5,396 to 1,300.

Interestingly, despite the decline in active accounts, Shibarium has experienced an increase in new accounts. The number of new accounts grew from 14 to 20 per day, a 42.8% increase. Additionally, the average gas commission paid in BONE rose from 0.008 to 0.0145, an 81.25% increase.

The past 24 hours in the Shiba Inu network have been marked by unusual activity, coinciding with the hack of India’s largest crypto exchange, WazirX, for $100 million in Shiba Inu tokens. This hack has contributed to the abnormal environment at Shibarium.

The Shiba Inu network’s performance remains mixed, with significant drops in active accounts and transactions, but increases in new accounts and gas fees. The coming days will be crucial in determining whether these trends will continue.

解説

• Shibarium has experienced a sharp decline in active accounts and transactions, signaling potential issues within the network.
• New accounts and gas fees have increased, suggesting some positive activity despite the overall decline.
• The WazirX hack has significantly impacted the Shiba Inu network, contributing to the unusual activity observed.
• Monitoring Shibarium’s metrics in the coming days will be essential to understanding its future performance.