Summary
Shiba Inu developers are focusing on the next phase of development after the successful launch of Sheboshi NFTs. They are working on projects like Shibarium Layer 2 network and SHIB Identity blockchain initiative to add practical utility to the network. The recent surge in transactions and total value of locked assets on Shibarium indicate growing interest and engagement in the crypto market. Despite the surge, the TVL remains below its all-time high, marking a period of mainstream adoption for the Shibarium network.
Key Points
1. Shiba Inu developers are planning the next phase of development after the successful launch of the Sheboshi NFTs, with a focus on advancing the ecosystem with innovative technology.
2. The recent launch of Sheboshi garnered attention from both enthusiasts and skeptics, sparking discussions about the developers’ intentions beyond profit and their broader strategy for the ecosystem.
3. The Shibarium network experienced a surge in transaction volume, leading to increased engagement within the crypto market, as well as a boost in SHIB burning activity and the total value of locked assets on the network.