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Shibarium, the Layer-2 scaling answer for the Shiba Inu environment, is approximately to attain two considerable achievements!
According to current data, Shibarium’s performance is growing. The network has previously achieved a new peak of 10,062,603 blocks, with an average block duration of only 5 seconds. SHIB Burns Increase by 771,019%
In particular, Shibarium is approaching a total of 1 billion operations on the network, presently at over 970 million. Furthermore, the amount of wallets linked to Shibarium is approaching 200 million, with the existing number surpassing 183 million.
These future achievements suggest substantial expansion and acceptance for Shibarium, establishing the basis for additional progress within the Shiba Inu environment. There are also rumors about a Layer-3 answer in progress, assuring even more thrilling advancements on the skyline!
Information from Shibariumscan indicates a sharp decrease in daily operations on Shibarium this particular week, falling significantly from 2.38 million on March 19 to only 326,530 on March 21.
## Shibarium L3 Information Disclosed
The identical Shibarium Updates profile has distributed a sneak peek of the forthcoming Layer-3 answer constructed upon Shibarium, which is presently being developed.
The SHIB group is collaborating with Zama to create the new network, which will include Fully Homomorphic Encryption (FHE) to protect user details. Through swift and confidential rollups, it guarantees total privacy for users: “Your details will stay encrypted even when in use – absolute privacy.”
> 🔰Shibarium L3 will offer private, rapid rollups driven by FHE – no longer exposing your details.
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> 🔰Your details will remain encrypted even when in use – absolute privacy.
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> 🔰Powered by Zama, Web3 will ultimately feel like actual financial independence. pic.twitter.com/9urvO6nbyz
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> — Shibarium Updates 📢 (@Shibizens) March 21, 2025
The post implies that “Web3 will ultimately feel like genuine financial liberty” as a result of this. The SHIB team intends to utilize its TREAT token on its Layer-3 blockchain. In early 2024, following a break, the mysterious SHIB leader, Shytoshi Kusama, reappeared on X (previously Twitter). During this period, he regularly altered his location tag on X, declaring that he had secured $12 million from a significant backer to establish the Layer-3 network upon Shibarium.
