The Shiba Inu (SHIB) ecosystem has seen the project take to X (formerly Twitter) to make a major announcement regarding the meme coin. Indeed, they announced that its layer-2 blockchain network, Shibarium, is receiving a “transformative upgrade” in the coming month.

The SHIBARMY was told that an upcoming hard fork was set to go live on May 2nd. Moreover, the platform announced a variety of new features that would arrive on the network with the update. Specifically, the project noted these developments will greatly enhance user experience and “empower our community of innovators and developers.”

Source – CryptoSlate

Also Read: Shiba Inu: Robinhood Enables SHIB Trading In New York

Shiba Inu Announces Brand New Shibarium Upgrade

The meme coin sector has undoubtedly become a massive part of the digital asset industry. This year has seen these altcoins become increasingly popular, with meme coin mania dominating March. However, there is no denying that Shiba Inu (SHIB) remains one of the most dominant assets in the subsect.

Now, the ecosystem of that token is set to take a massive step forward. Indeed, Shiba Inu (SHIB) has recently made a major announcement. Specifically, they unveiled an upcoming upgrade to its layer-2 blockchain Shibarium. Its implementation is set to introduce a host of new features to the network.

1/ SHIBARMY, we are on the brink of a transformative upgrade for Shibarium.

Through an upcoming hard fork expected to go live on May 2nd, we’re introducing a suite of new features designed to enhance user experience and empower our community of innovators and developers.

— Shib (@Shibtoken) April 25, 2024

Also Read: Shiba Inu (SHIB) Predicted to Reclaim All-Time High: Here’s When

Within the announcement thread, Shiba Inu stated that the impending hand fork will “unlock next-level capabilities” in the blockchain. Moreover, they described the impending upgrade as more than just a technical shift. The developers highlighted the simplification of Shibarium engagement as a prime focus of the hard fork.

The MAy 2nd upgrade will come with faster block processing times and increased predictability in transaction fees. These integrated changes have come directly from the SHIBARMY feedback to “improve platform usability and performance.”

Shibarium has long been a vitality in the growing ecosystem and utility of SHIB. Moreover, the presence of these updates is crucial in continuing to explore ways to better optimize the network for its growing user base.


Leave a Reply

Your email address will not be published. Required fields are marked *