Shiba Inu's Shibarium Activity Up 151%: What's Fueling the Surge?

Shiba Inu's layer-2 network, Shibarium , saw a sudden spike in activity as the daily number of transactions rose in the last 24 hours. Shibariumscan data shows the number of transactions jumped from 970 on Oct. 8 to 2,440 on Oct. 9, a 151% growth. This jump comes after a huge decline in the number of transactions, which was 5,710 on October 6. Activity on Shibarium has been on the rise gradually, with the number of transactions steadily climbing since the start of October. This steady increase went on for six days, after which a sharp drop ensued.