• A leading DeFi analytics platform has integrated the Shibarium blockchain, enabling users to trade directly on the platform.
• After facing a turbulent launch, lead developer Kusama has confirmed the addition of new features to strengthen the project.

Shiba Inu-affiliated Shibarium is celebrating a new positive development. DEXTools has confirmed its integration into the recently launched Shibarium. DEXTools is a leading DeFi analytics and DeFi app for trading. To date, the platform boasts more than 15M monthly users. Following this successful integration, users will be able to trade  Shibarium directly on the DEXTools platform.

DEXTools is a leading platform and its integration signals optimism of the Layer-2 (L2) blockchain launched by the Shiba Inu team.

The launch is further an indication that Shibarium has overcome the initial challenges that preceded its launch a few days ago. After the mainnet launch of Shibarium, the network faced technical difficulties that left billions of dollars stuck in the Ethereum bridge. Lead developer Shytoshi Kusama was quick to end FUD by confirming that the network was safe and was only suffering from an insurgence of transactions. At the time, the technical hiccups damped the positive sentiments and led to SHIB price dumping.

As CNF reported, the blockchain has since relaunched after undergoing enhancements and optimization for scaling. After intensive testing, Shiba Inu’s lead developer announced new monitoring systems and fail-safes to handle massive traffic on Shibarium.

Read More: Shiba Inu’s Shibarium Receives Massive Features for Scaling by Thousands to Serve Billions of People – Could PRICE Skyrocket to $0.0001?

Shibarium to Drive SHIB Prices Higher

With investors now confident of the network, the ecosystem is beginning to show signs of a price recovery. Led by whales, investors are beginning to accumulate SHIB and BONE at a discount. Data from Etherscan.io shows that a new wallet has purchased $9.37 million worth of Shiba Inu tokens, making it the 52nd largest SHIB holder in the world. Another whale recently bought $5 million worth of SHIB from crypto exchange Gemini.

Read More: Massive Shiba Inu Accumulation: New Wallet Holds 1.15 Trillion SHIB Exclusively

The launch of Shibarium was also purposed to increase the intensity and quantity of burnt SHIB. This would lead to decreased supply and higher demand. The project has celebrated a new major milestone, with  410 trillion SHIB ($3 billion worth) now burnt.

At the time of press, SHIB is exchanging for $0.0000080 after a drop of nearly 2 percent in the last 24 hours. Its weekly losses stand just under 5 percent going into the weekend. However, a majority of investors are optimistic that as Shibarium continues to bridge new integrations and attract new projects, Shiba Inu will continue to grow and set new records. Furthermore, the team behind Shiba Inu has promised new partnerships and network development to continue driving adoption.