The Shiba Inu(SHIB) ecosystem scored a win for its BONE token this week after major crypto wallet Atomic Wallet announced native support for it. This move could significantly impact BONE adoption, especially considering Atomic Wallet’s vast user base.
Over five million users strong, Atomic Wallet is a non-custodial decentralized wallet, meaning users hold complete control over their private keys. This update, confirmed by Atomic Wallet on June 10th, allows users to easily deposit, withdraw, and swap BONE directly on the Shibarium network.
Shibarium, Shiba Inu’s layer-two blockchain, aims to address scalability issues plaguing the Ethereum network. By facilitating faster transactions and lower fees, Shibarium paves the way for broader development within the Shiba Inu ecosystem. The Shibarium team itself acknowledged Atomic Wallet’s role in driving BONE adoption, highlighting the importance of this integration.
Unsurprisingly, the SHIB Army, a passionate community of Shiba Inu enthusiasts, erupted in celebration. With Atomic Wallet catering to both Android and iOS users, the BONE token’s reach now extends to a wider audience. This development is seen as a major step towards mainstream adoption for BONE.
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While Atomic Wallet has supported BONE since late 2022, deposits and withdrawals were previously limited to networks like Ethereum’s ERC-20 and BNB Chain. This latest update signifies a shift towards Shibarium, the Shiba Inu ecosystem’s native network.
However, the question on many SHIB Army members’ minds remains: When will Binance follow suit? Binance, boasting over 200 million users, is a major exchange that the community hopes will list BONE next. With Atomic Wallet taking the lead, all eyes are now on Binance to see if it will join the BONE adoption party.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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