Shibarium, the layer-2 scaling solution for the Shiba Inu ecosystem, experienced a brief network outage over the weekend. The issue, attributed to networking problems among validators – the guardians of transaction legitimacy on the network – caused service disruptions for several hours.
Kaal Dhairya, a key developer within the Shiba Inu project, confirmed the outage and its resolution. However, some functionalities like Shibariumscan (the network’s block explorer) and external RPCs (communication tools) remain unavailable. Dhairya has reached out to external developers to collaboratively address these lingering issues through designated communication channels.
This incident comes on the heels of a significant surge in Shibarium’s user base. On April 13th, the network witnessed a record-breaking 13,314 new accounts joining the platform in a single day. This influx pushed Shibarium’s total accounts past the 100,000 mark, currently sitting at 102,303. Notably, this daily growth represents the highest the network has seen since its launch in August 2023.
Also Read: Shiba Inu Burns Over 449 Million Tokens in a Week: Meme Coin Soars 20% in 24 Hours
Not the First Hiccup
This isn’t Shibarium’s first brush with network instability. Shortly after its debut, a major technical issue forced the network offline, prompting a switch to private mode while developers tackled the problem. After two weeks of intensive work, Shibarium successfully relaunched on the mainnet and has remained operational since.
Impressive Transaction Volume Despite Recent Dip
Despite the outage, Shibarium boasts impressive transaction volume. Since its inception, the network has processed a staggering 417.35 million transactions. Additionally, it houses over 1.78 million unique addresses and has minted more than 4.32 million blocks.
However, the daily transaction count has plummeted in recent days. From a peak of nearly 1 million on April 15th, the figure currently sits at 10,040. It remains unclear whether this decline is a consequence of the outage or reflects the broader market volatility.
Shibarium’s development team is actively working to restore full functionality to affected services. While the recent outage represents a temporary setback, the network’s ongoing user growth and impressive transaction history paint a promising picture for the future of Shibarium.
About The Author
