Shibarium, the layer-2 solution tied to Shiba Inu, has surpassed $7 million in total value locked (TVL) according to DeFiLlama.
Shiba Inu ecosystem shows growing adoption with over 7 million blocks processed, 418 million transactions, and nearly 1.8 million unique wallet addresses.
K9 Finance DAO contributes $3.21 million to Shibarium's TVL, while ShibaSwap holds $2.48 million, indicating the platform's rising popularity.
Shibarium's growing TVL demonstrates its utility and adoption, providing a faster, cheaper, and more scalable infrastructure for Shiba Inu-based transactions.