The Shiba Inu ecosystem’s blockchain, Shibarium, recently achieved a significant milestone, becoming one of the top five most active networks on NOWNodes, a leading blockchain node provider. This development marks a notable advancement in the cryptocurrency sphere, highlighting the growing prominence of Shibarium within the industry.
NOWNodes, recognizing the escalating use of Shibarium, has announced plans to scale its capacity. The increased activity on Shibarium has led to heightened requests and calls, prompting NOWNodes to boost the capacities for Shibarium RPC Node utilizations. This step aims to accommodate more requests and integrate larger-volume partners, ensuring seamless service as the network’s popularity surges.
Shibarium has rapidly climbed the ranks on NOWNodes, just two months following the deployment of its remote procedure call (RPC) node. The introduction of the Shibarium RPC Full Node in September opened many opportunities for blockchain developers. These professionals can now easily incorporate Shiba Inu RPC nodes into their crypto projects, enhancing infrastructure and completing node maintenance swiftly.
Moreover, after integrating Shibarium, NOWNodes has also added Shibarium Tech Suite bots to its offerings. These bots, including Sniper Bot, Live Pairing Bot, Trending Bot, and Buy Bot, are designed to augment the capabilities of automated DeFi tools.
The Shiba Inu community has actively engaged with the platform, demonstrated by a remarkable increase in the SHIB burn rate. The Shibburn tracking platform reported a 1,382.91% surge in the burn rate, with 106,241,658 SHIB meme coins removed from circulation. This activity primarily occurred in a single transfer of 100,000,000 Shiba Inu, reflecting the community’s commitment to the network’s growth and stability.
Additionally, in October, NOWNodes announced its collaboration with 0xShibarium AI, further expanding its integration within the Shibarium ecosystem. This partnership underscores the node provider’s dedication to supporting the Shiba Inu-focused blockchain’s expansion and enhancing its overall functionality.
Read Also: Shiba Inu Price Prediction As Token Burn Rate Surges 10x, Is SHIB Moving To $0.00001?
The BlackRock Bitcoin ETF (IBIT) has emerged as one of the top exchange-traded funds (ETF)…
Klarna has taken a major step into crypto finance by partnering with Coinbase to accept…
The U.S. Federal Reserve has requested public feedback on the payment accounts, also known as…
New York Federal Reserve President John Williams has signaled his support for holding rates steady…
The Fed chair race is heating up with U.S. President Donald Trump set to interview…
The leading crypto asset manager VanEck amends its Avalanche ETF with the U.S. Securities and…