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Shibarium’s transaction volume skyrockets by 493% in a single day, marking key milestones for the Shiba Inu ecosystem. Shibarium, the blockchain associated with the popular meme token Shiba Inu (SHIB)—has recorded a massive uptick in transactions . Within a single day, the platform has seen its transaction count escalate by 493%, jumping from 12,690 to an overwhelming 62,570.  Shytoshi Kusama, the lead developer of the Shiba Inu ecosystem, indicated on Tuesday in a Telegram group that the blockchain will explode with activity in the coming days as the crypto market rallies. Transactions on Shibarium have been increasing throughout October, but today marked a record surge for the network.  According to Shytoshi #Shibarium is about to explode with activity.. pic.twitter.com/hA4mmnGBmv — ShibariumGem (@Shibariumgem) October 24, 2023 This remarkable increase, the largest since its full operational status in August, has elevated the total transactions on...

SafePal’s native token SFP is up nearly 40% in one month , driven by strategic partnerships and soaring trading volume. SFP, the native token of the crypto wallet platform SafePal, is experiencing a remarkable uptick in value. At the time of writing, it has surge d by 17% in just one week and an impressive 36% over the past month .  SafePal price on Sept. 5 | Source: CoinMarketCap What is SafePal? SafePal is a comprehensive crypto wallet suite founded in 2018. Backed by industry giants like Binance and Animoca Brands, the platform has a global user base exceeding 10 million. SafePal offers a range of crypto asset management solutions, including cross-chain swapping, trading, and yield-generating tools. The SFP token, a decentralized BEP-20 and ERC-20 utility token, acts as the growth engine of the SafePal ecosystem. It offers multiple use cases, from purchasing SafePal products at a discount to seamless gas conversion across chains. The platform supports 15 languages and ...

Despite the prevalent consolidation observed across the market , the Rari governance token (RGT) has rallied by over 26% in the last 24 hours. The recent up surge comes after the asset traded within a range for the most of last month. RGT is up 26.27%, which ranks 788 on CoinMarketCap (CMC), and has witnessed higher gains over the past 24 hours than the majority of mainstream assets on the top 100 list. RGT price – July 3 | Source: CoinMarketCap Notably, bitcoin (BTC) is seeing a meager 0.45% increase. This impressive rally has skyrocketed the token to a two-month high of $0.76. You might also like: On-chain data suggests the rise of long-term BTC investors The rari governance token’s bullish momentum picked up at the start of July, per CMC data, following an observable spike in its value on July 2. This spike was preceded by an extensive consolidation that continued throughout June. The market-wide rally in June provided minimal support for the asset. Not...