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Shiba Inu's Testnet 'Puppynet' Sees Rising Activity Ahead of Shibarium Mainnet

Shibarium's native testnet, Puppynet, has processed over 700,000 transactions from just under 200,000 unique wallets since its launch on March 11. While Puppynet's activity has been brisk, upcoming features may boost the value of SHIB and BONE, two Shibarium ecosystem tokens. However, Rachel Lin, CEO of SynFutures, cautioned that any price spikes would likely be short-lived due to the current macroeconomic climate. Shibarium is a layer 2 blockchain focused on metaverse and gaming applications, as well as being a cheap settlement for decentralized applications built on the network.

(By Shaurya Malwa)

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