- NOWNodes, the blockchain infrastructure provider, is gearing up for the much-anticipated mainnet launch of the Shibarium layer-2 solution.
- The Shibarium launch is expected to enhance the scalability and efficiency of the Shiba Inu network and its related tokens, potentially impacting SHIB’s value.
Blockchain infrastructure provider NOWNodes has released its final updates prior to its much-anticipated mainnet launch of the Shibarium layer-2 solution, suggesting that the launch is “closer than you think,” according to a tweet from key partner NOWNodes. Shiba Inu’s Layer-2 Solution, Shibarium, Nears Launch with Final Updates
https://t.co/t4e5ljpvCQ x @ShibariumNet
Final Updates before Mainnet launch 🛠️
It's closer than you think 👀📣 As we stated a couple of weeks ago, our team entered Stage 3 of our Shibarium Roadmap. For now we've been focusing on onboarding project to build on Shibarium and… pic.twitter.com/PMvDmSEJcO
— NOWNodes ⛓️ (@NOWNodes) July 20, 2023
The Journey So Far
As part of its Shibarium roadmap, the development team successfully entered stage 3 a few weeks ago. The team’s primary focus has been onboarding projects to leverage the potential of the Shibarium platform fully. The final stages of the roadmap involve establishing crucial partnership agreements and conducting rigorous stress and downtime tests, with NOWNodes taking charge of these essential tasks as the key partner.
Anticipated Partnerships
In a statement on Twitter, NOWNodes said, “As soon as the terms are finalized, we’re ready to announce our first official partner that will integrate Shibarium RPC nodes!” The company’s readiness to be one of the pioneer node providers for the upcoming Shibarium network marks a significant milestone for the project.
Shibarium’s Impact on Shiba Inu Ecosystem
Shibarium, named after Shiba Inu’s native cryptocurrency, is designed to enhance the scalability and efficiency of the network. As a Layer-2 solution, it aims to handle transactions off the main Ethereum blockchain, which SHIB is based on, thereby increasing speed and reducing costs. The eagerly awaited launch of Shibarium next month is expected to have a positive impact on the Shiba Inu ecosystem and its related tokens, including BONE, LEASH, WOOF, and PAW, all of which have recorded significant gains in recent weeks.
Conclusion
As the countdown to Shibarium’s launch continues, investors in the Shiba Inu cryptocurrency ecosystem eagerly await its potential impact on SHIB’s value and the overall network performance. With NOWNodes leading the way as a key partner, the blockchain community eagerly anticipates the transformation that Shibarium could bring to the world of decentralized finance.