{"id":152497,"date":"2023-09-09T03:05:22","date_gmt":"2023-09-08T21:35:22","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=152497"},"modified":"2023-09-09T03:05:22","modified_gmt":"2023-09-08T21:35:22","slug":"shiba-inus-shibarium-attracts-massive-bone-staking-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/shiba-inus-shibarium-attracts-massive-bone-staking-crypto-news\/","title":{"rendered":"Shiba Inu&#8217;s Shibarium Attracts Massive BONE Staking &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div><a rel=\"nofollow noopener\" target=\"_blank\" class=\"article__lead-img--wrapper\" href=\"https:\/\/u.today\/alex-dovbnya\"><\/p>\n<p><\/a><\/p>\n<div class=\"article__lead-info\"><a rel=\"nofollow noopener\" target=\"_blank\" class=\"article__lead-name\" href=\"https:\/\/u.today\/alex-dovbnya\">Alex Dovbnya<\/a><\/p>\n<p>Shiba Inu&#8217;s blockchain platform, Shibarium, is experiencing a multi-faceted surge in activity<\/p>\n<\/div>\n<\/div>\n<div>\n<p>Shiba Inu&#8217;s layer-2 platform, Shibarium, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/shibarium.shib.io\/\">has seen a significant uptick<\/a> in staking activity, with more than 26 million BONE tokens now staked on the network.\u00a0<\/p>\n<p>The platform&#8217;s top validators include <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/u.today\/shibarium-hits-new-milestone-as-builder-unification-shares-update\">Unification<\/a>, ShibArmy Asia, and ShibArmy Africa, among others, all boasting 100% uptime.\u00a0<\/p>\n<p>Staking involves delegating tokens to validator nodes, which are responsible for verifying transactions and maintaining the network&#8217;s integrity.\u00a0<\/p>\n<p>Validators are crucial to the stability and security of Shibarium, and their performance is closely monitored. In the early stages, becoming a validator requires a manual application and interview process to ensure the network is in secure hands.<\/p>\n<p>To become a validator on Shibarium, individuals need to stake <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/u.today\/shiba-inus-bone-gains-130-more-traders-after-shibarium-launch\">BONE<\/a> tokens via contracts on the Ethereum mainnet. Rewards are then distributed proportionally to all stakers at every network checkpoint.<\/p>\n<h2>A 4% price dip<\/h2>\n<p>However, it&#8217;s worth noting that despite the surge in staking activity, the price of BONE tokens has experienced a 4% decline, according to data from <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/bone-shibaswap\">CoinGecko<\/a>. As of the latest update, the BONE ShibaSwap price stands at $0.925203, with a market cap of $212.7 million.\u00a0<\/p>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<div>\n<h2>Shibarium nears 1.5 million transactions<\/h2>\n<p>Shibarium, the blockchain platform of Shiba Inu, is not just seeing a surge in staking activity but also in overall transactions.\u00a0<\/p>\n<p>The network <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.shibariumscan.io\/\">has recorded<\/a> nearly 1.5 million total transactions, with an average block time of 5.0 seconds.\u00a0<\/p>\n<p>Additionally, the platform boasts over 1.1 million wallet addresses and a daily transaction rate of 88.63K. These numbers indicate a robust and active network, further solidifying Shibarium&#8217;s growing influence in the crypto space.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Alex Dovbnya Shiba Inu&#8217;s blockchain platform, Shibarium, is experiencing a multi-faceted surge in activity Shiba Inu&#8217;s layer-2 platform, Shibarium, has seen a significant uptick in staking activity, with more than 26 million BONE tokens now staked on the network.\u00a0 The platform&#8217;s top validators include Unification, ShibArmy Asia, and ShibArmy Africa, among others, all boasting 100% [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":152498,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-152497","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/152497","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=152497"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/152497\/revisions"}],"predecessor-version":[{"id":152499,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/152497\/revisions\/152499"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/152498"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=152497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=152497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=152497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}