The Layer 2 solution known as Shibarium has been gaining significant momentum, particularly with its Beta Testnet called Puppynet, which has shown remarkable growth. Puppynet has witnessed a notable surge in the total number of transactions processed over the past two weeks, surpassing an impressive milestone of 30 million transactions.

Based on the latest data from Puppyscan, a platform that monitors Puppynet’s activities, the network has successfully handled a total of 30,245,178 (30.24 million) transactions. This figure represents a 17% increase compared to the transaction count recorded on June 30th, which stood at 25,686,610 (25.68 million).

An important highlight is the network’s average block time of 5 seconds, demonstrating efficient and rapid transaction processing capabilities.

Significant progress has been observed in the beta version of Shibarium, particularly in terms of block processes. The total number of processed blocks is on the verge of reaching 1.8 million, currently standing at 1,727,857 (1.72 million). This represents a 15% increase compared to the 1,491,267 (1.49 million) blocks processed on June 30th.

Related Reading: Shibarium Summer to See Strategic Releases and Updates From Shiba Inu Team

Furthermore, Puppynet has experienced a surge in the creation of new wallets, with an impressive 54,411 wallets being created in the past two weeks alone. As a result, there are now 17,062,130 (17.06 million) addresses connected to the Shibarium beta on Puppynet.

The increased network activity follows the confirmation by Shytoshi Kusama, the Shiba Inu lead developer, regarding the highly anticipated launch of the Shibarium Mainnet at the upcoming Blockchain Futurist Conference scheduled for August 15th and 16th. 

Notably, Shiba Inu has been designated as the Title sponsor of the event, as reported by Fxcryptonews. Additionally, the closure of intake form submissions for Shibarium by the Shiba Inu team signifies progress and preparation for the mainnet launch.