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SHIBARIUM ACTIVITY
Activity on Shibarium reflects how users and developers engage with the network. Key metrics from help assess ecosystem health:
•Transaction Volume: Over 3.4M in the past 24h shows strong engagement.
•Pending TXNs: ~4.8K in 30 mins indicates constant network usage.
•Total TXNs: 1.18B+, showing long-term adoption
•Addresses: 211M+ total, but daily/weekly active wallets are more relevant for short-term insights.
•Gas Fees: 468.53 BONE in 24h reflects network demand.
•Smart Contract Calls: Increased use of functions like mint() and tokens like WOW signal dApp activity
•Blocks: Over 11M, confirming stable and consistent block production.
•Token Transfers: Movement of SHIB, LEASH, TREAT, and others shows broader ecosystem interaction.
Sustained high metrics suggest a vibrant and growing ecosystem. Deeper analysis involves tracking trends, smart contracts, and correlating with off-chain events.

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