Shibarium, the blockchain ecosystem within the Shiba Inu (SHIB) network, has achieved a remarkable feat by becoming one of the top five most active networks on NOWNodes, a prominent provider of blockchain nodes.
This achievement highlights Shibarium’s growing significance within the cryptocurrency industry, marking a substantial advancement for the ecosystem.
NOWNodes Boosts Capacity for Shibarium
Acknowledging the escalating usage of Shibarium, NOWNodes has announced plans to scale its capacity to accommodate the increased activity on the network. The surge in requests and calls prompted NOWNodes to enhance the capacities for Shibarium RPC Node utilization. This strategic step aims to facilitate more requests and integrate larger-volume partners, ensuring a seamless service experience as Shibarium’s popularity continues to soar.
Within just two months of deploying its remote procedure call (RPC) node, Shibarium climbed the ranks on NOWNodes, opening doors for blockchain developers. This accessibility allows developers to effortlessly incorporate Shiba Inu RPC nodes into their crypto projects, strengthening infrastructure and streamlining node maintenance.
Expansion of DeFi Capabilities with Shibarium Tech Suite Bots
Following the integration of Shibarium, NOWNodes has expanded its offerings by introducing Shibarium Tech Suite bots.
Additionally, these bots—Sniper Bot, Live Pairing Bot, Trending Bot, and Buy Bot—are designed to enhance the functionalities of automated DeFi tools, further empowering users within the Shiba Inu ecosystem.
Shibburn Reports a Substantial Surge in SHIB Burn Rate
The Shiba Inu community’s active engagement is evident through a remarkable increase in the SHIB burn rate. Moreover, Shibburn tracking platform reported a staggering surge of 1,382.91% in the burn rate with 106,241,658 SHIB meme coins taken out of circulation.
Notably, this surge was primarily driven by a single transfer of 100,000,000 Shiba Inu tokens, while reflecting the community’s dedication to fostering the network’s growth and stability.
NOWNodes’ Collaboration with 0xShibarium AI
In October, NOWNodes announced a collaboration with 0xShibarium AI, further strengthening its integration within the Shibarium ecosystem. Further, this partnership also underscores the node provider’s commitment to supporting the expansion of the Shiba Inu-focused blockchain while enhancing its overall functionality.
Lastly, the evolution of Shibarium on NOWNodes also signals a significant step forward for the Shiba Inu ecosystem, showcasing its increasing relevance and potential within the cryptocurrency landscape.