On August 30, 2023, Bitcoin.com News highlighted that Shiba Inu’s L2 scaling solution, Shibarium, was operating smoothly after facing initial challenges. Back then, the count stood at roughly 157,685 wallets. Fast forward to today, and that number has catapulted to over 1.1 million — marking a 598% surge in just under a week. On the transaction front, Shibarium recorded a peak of 132,000 transfers on August 24, 2023. Since that peak, the daily transaction volume has oscillated between 40,000 and 99,000 transfers. In total, 986,716 transactions have been logged.