Shibarium Testnet Hits 14 Million Wallets as Shiba Inu Prepares for Mainnet Launch
Based on the data provided by Puppyscan, the number of wallets for the Shibarium testnet of Shiba Inu's (SHIB) has crossed the 14 million mark.
Presently, the Puppynet wallet count stands at 14.06 million. However, it is noteworthy that the number of new wallets has declined considerably in recent days, with only 100,000 created since Thursday.
This decline could be attributed to the initial surge in new wallets resulting from a script designed to test the stress on the Shibarium network, which generated approximately 9 million wallets. Nevertheless, Shiba Inu’s forthcoming network has achieved a new all-time high regarding wallet addresses.
The adoption of Shiba Inu could rise with the announcement of new partnerships and listings. Recently, Binance declared its collaboration with IvendPay, an international payment firm.
As per the announcement, Binance Pay users can use over 70 cryptocurrencies, including Shiba Inu (SHIB), to purchase products and services from IvendPay’s network of more than 400 merchants worldwide.
READ MORE: Bitcoin to Soar Around 1,850% to New All-Time Highs After Halving – PlanB
Additionally, Ceto, a Dubai-based cryptocurrency exchange, will add SHIB’s offspring token Bone ShibaSwap (BONE), to its platform today. The exchange conducted a survey to determine which token its users would like to see on the platform. Most of them selected BONE, which would also serve as the governance token for Shiba Inu’s Shibarium network.
Many users are anticipating that the value of BONE will soar when Shibarium is launched. The lead developer of SHIB, Shytoshi Kusama, stated that the mainnet for Shibarium could debut in the next two to four months, but did not specify an official launch date.
Alexander Stefanov
Reporter at CoinsPress
Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
