Shiba Inu has emerged as one of the biggest meme coins out there. Thanks to its developer and team, the constant efforts to release new developments and projects have kept the meme coin valid. The SHIB army is also one of the strongest ones out there.
The Shiba Inu team has launched some very successful projects lately. One of the most prominent releases was Shiba Eternity. The launch of Shibarium is also one of the most anticipated launches by the team.
According to the latest details from Puppyscan, the Shibarium Puppynet has processed over 1 million transactions.
Shiba Inu Puppynet processes over a million transactions
Details from Puppynet’s on-chain activity tracker, Puppyscan, reveal that the testnet has handled 1.07 million transactions at press time. The milestone has been achieved with the help of over 201,154 unique wallets. One key point to be noted is that the majority of these transactions happened after March 27. March 28 alone processed over 144,458 transactions.
Testnets like Puppynet are specifically created blockchain networks intended for testing. Their primary function is to imitate the activity on the mainnet. This, in turn, allows developers to detect and fix any problems while also keeping track of the network’s activity before it is released to a larger audience.
Also check out: Shiba Inu (SHIB): Everything You Need to Know
Shibarium is considered a significant advancement for the Shiba Inu ecosystem. Initially, the project started as a meme coin that was inspired by the famous Shiba Inu dog breed. However, over the years, it has evolved into a serious blockchain project. It has also emerged as the second-largest meme coin, giving Dogecoin a head-to-head competition.