Shiba Inu and Ethereum See Massive Success Following Layer-2 Network Launches, Everlodge Sees Influx of Traders Following Demo Release
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The Ethereum (ETH) Layer-2 zkEVM known as Scroll confirms its mainnet launch. Moreover, Shiba Inu (SHIB) saw massive success with its own scaling solution, Shibarium. Analysts are bullish on their future, but another crypto grabbed the most significant attention.
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The Shiba Inu (SHIB) crypto recently saw an upswing in value following the success of its Shibarium launch. Specifically, the network reached 3.49 million transactions and over 1.25 million wallet addresses. Usage of the Shiba Inu crypto is peaking, and its trading volume is on the rise.
Based on the recent Shiba Inu price performance, the cryptocurrency saw a price upswing in the past week. It went up in value from $0.00000674 to a maximum point of $0.00000713. In addition, the crypto has a market cap of $4,065,054,565, making Shiba Inu the 19th largest currently. According to the Shiba Inu price prediction, analysts project that it can reach $0.00001078 by the end of 2023.
Ethereum (ETH) is getting significant attention after the launch of a new Layer-2 network. Scroll is a new zero-knowledge Ethereum Virtual machine (zkEVM) space that intends to scale the blockchain. Blockchain data by Etherscan suggests that Scroll’s mainnet went live a week ago. Based on the team, the launch was originally announced on October 17, and existing applications and developer tool kits on Ethereum
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