‘Puppynet’ Blockchain Crosses 20 mn Transactions
Puppynet, the Shibarium network’s native test network, has processed over 20 million transactions from 16 million wallets as it nears a mainnet release in the coming months.
Puppynet and other testnets are blockchain networks created for testing reasons. They simulate mainnet activity and let developers to troubleshoot any faults and observe network activity prior to a larger rollout.
According to Puppeynet blockchain scanners, the average transaction duration was five seconds.
Such engagement indicates network demand, which could eventually enhance the value of SHIB and BONE, two Shibarium ecosystem tokens.
According to on-chain data, one of the largest SHIB investors added another $10 million in tokens to their holdings on Monday, increasing their total holdings to 5.3 trillion SHIB, or $35 million at current pricing.
(With inputs from Shikha Singh)
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