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Swapika, London-based Exchange, to Implement Shibarium

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  • Shibarium, Shiba Inu’s Layer-2 Solution, to be Integrated into London-based Exchange Swapika. In a recent tweet, Swapika announced its plans to incorporate Shibarium, the layer-2 solution, upon its launch.
  • The non-custodial cryptocurrency exchange intends to expand its support for the Shiba Inu ecosystem in the near future.

Big news for #ShibaArmy 

Swapika is proud to support $BONE$SHIB, and $LEASH, and we are thrilled to announce that, upon its launch, #Shibarium will be integrated into our service #SHIBARMY @ShibariumNet @Shibtoken pic.twitter.com/3XoV46GzAS

— Swapika (@Swapika_com) May 9, 2023

Following Swapika’s recent decision to offer support for all three tokens within the Shiba Inu Ecosystem—shiba inu (SHIB), bone shibaswap (BONE), and dogecoin killer (LEASH)—this latest development has emerged.

Users of Swapika can now engage in trading these tokens, along with over 700 other cryptocurrencies, without the need for creating an account.

Shibarium adoption on the rise

Apart from Swapika, ChangeNow, a crypto exchange based in New York, and NOWPayments, a crypto payment gateway located in the Netherlands, have both expressed their plans to incorporate Shibarium into their platforms once the cryptocurrency becomes available.

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NowNodes, a company specializing in blockchain technology solutions, has announced that over 300 partners have shown their readiness to build and develop using Shibarium.

 

Shibarium, the Layer-2 Solution created by Shiba Inu, is currently undergoing a Beta Phase and has been met with significant acceptance since its initial introduction.

Shibarium network on-chain data

According to Puppyscan, the official block explorer for Puppynet, the Shibarium Beta Network currently boasts 14,518,730 wallets. Furthermore, the L2 network has successfully processed over 6.34 million transactions across 754,323 blocks, with an average block time of 11.9 seconds.

While the specific launch date of the Shibarium Mainnet has not been disclosed by the Shiba Inu development team, Shytoshi Kusama, the SHIB chief, has indicated that the completion of the beta phase could take approximately two to four months before the mainnet becomes operational.

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