Key Update on Upcoming SHIB L3 Alpha Released by SHIB Team
05/19/2025 20:02
SHIB team has shared more details about layer-3 Shibarium solution that is in works now
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
SHIB-affiliated X account Shibarium Updates (@Shibizens) has published a tweet with a new update on the SHIB Alpha layer, which is being tested on Puppynet at the moment.
You Might Also Like
Major reminder about SHIB Alpha L3 layer
The tweet has shared key details on this layer-3 Shibarium layer. It will have seamless compatibility with ZK and Optimistic rollups.
The X message emphasized that the SHIB Alpha Layer is “built to power scalable, low-cost infrastructure across a global network state—enabling real-world applications and next-gen dApps.”
— Shibarium Updates 📢 (@Shibizens) May 19, 2025✨Shib Alpha Layer✨
A high-performance modular rollup abstraction layer engineered for sub-100ms finality, high throughput, and seamless compatibility with both ZK and Optimistic rollups.
As a core component of ShibOS, it’s built to power scalable, low-cost infrastructure… pic.twitter.com/z7fZ2VSHM1
Besides, the X post reminded the SHIB community that the layer-3 solution is currently in development, and there has no been any public release yet. But a big state-level player has interest in it — the UAE Ministry of Energy, as well as several institutional partners.
As for the Ministry of Energy of the UAE, it is looking into SHIB Alpha since it intends to create a Web3 infrastructure. “It’s the next layer being built beneath Shibarium,” the tweet concluded.
You Might Also Like
Recent recap of Shibarium activity peaks
Meanwhile, another SHIB-linked account belonging to the SHIB team’s official marketing lead, Lucie, has published a recap of the recent activity on layer-2 network Shibarium and its key metrics.
According to Lucie, this data was provided by the Gemini AI. This report reflects “how users and developers engage with the network.” According to the report, the transaction volume has surpassed 3.4 million over the past 24 hours, showing strong engagement. The total volume of transfers stands at more than 1.18 billion, showing long-term adoption of Shibarium.
Besides, the network boasts of more than 211 million connected wallets in total and more than 11 million blocks generated on Shibarium already.
“Sustained high metrics suggest a vibrant and growing ecosystem. Deeper analysis involves tracking trends, smart contracts, and correlating with off-chain events,” the report proudly says.
SHIB burns see 1,131.8% spike
According to the fresh data provided by the Shibburn tracker, over the past 24 hours, the SHIB burn rate metric has demonstrated a substantial four-digit increase of more than 1,131%.
The total chunk of meme coins removed from circulation into unspendable wallets amounts to 41,060,086 SHIB. This result was achieved in four burn transfers, three of which carried 22,668,481; 14,993,658 and 3,125,929 meme coins.