Shiba Inu's Shibarium faces a metrics downturn while ETFSwap (ETFS), an Ethereum token, soars to new heights

Things can change drastically in the rapidly changing world of cryptocurrencies. Once a ray of hope, Shiba Inu’s Shibarium is currently struggling with a drop in its metrics.

Shiba Inu’s Shibarium Layer 2 solution has seen a decline in user activity, leading to concerns among investors. As a result, many are now turning to ETFSwap (ETFS), an Ethereum token that has been making waves in recent times.

Shibarium user activity drops drastically

Shibarium is an Ethereum Layer 2 alternative that is designed to improve the Ethereum blockchain’s scalability and transaction efficiency. Its goal is to drastically cut transaction costs and times within the Shiba Inu network.

However, recent data shows that over the last few days, user activity on the network has consistently decreased. The reports from Shibariumscan show that on July 9, the network had its lowest point of the month when 504 unique addresses completed at least a single transaction on Shibarium.

Since July 5, the number of active addresses on Shiba Inu’s Shibarium has dropped by 33%, which analysts believe has resulted in the price of Shiba Inu dropping to $0.00001612.

Furthermore, there has been a decrease in the number of new accounts created on Shiba Inu. Just 11 new addresses have been created by July 10, a dramatic 93% decrease from the 167 additional addresses created on July 5.

The amount of new transactions on the Shibarium network has also decreased as a result of the decline in new accounts with a monthly low of 3,400 transactions reported on July 9.

Investors in Shiba Inu are now looking for shrewd and reliable investment solutions, such as ETFSwap (ETFS), to diversify their portfolios and optimize profits.

Investors seek stability in ETFSwap amidst Shibarium’s slump

ETFSwap (ETFS) is in high demand as investors seek to stabilize their investments in a volatile market. This decentralized platform lets users invest and trade in cryptocurrencies and exchange-traded funds (ETFs), giving investors direct access to institutional tokenized ETFs like Specialty and Currency ETFs.

ETFSwap (ETFS) uses blockchain technology to improve trade, security, anonymity, and transparency. CyberScope, a crypto auditing expert, audited its smart contracts. This comprehensive cybersecurity risk analysis proved ETFSwap’s (ETFS) strong cyber defenses and infrastructure.

After KYC verification, SOLIDProof awarded the ETFSwap (ETFS) team a compliance certificate. This milestone is expected to improve the platform’s ecology, giving users more privacy, flexibility, and control over their ETFSwap (ETFS) portfolios and investments.

Market experts are highly optimistic about ETFSwap (ETFS) changing the crypto market by tokenizing ETFs and merging traditional and decentralized finance.

ETFSwap’s (ETFS) AI-powered ETF Screener and Tracker offers investors real-time data, advanced analytics, predictive models, and sentiment analysis. This market intelligence is considered a game-changer as it will help investors navigate the volatility experienced by Shibarium.

In addition, ETFSwap (ETFS) also offers tokenized assets, which includes stocks from established financial marketplaces with MiCa-compliant investing firms. The market awaits its beta platform, which is expected to change everything in a few days.

ETFSwap (ETFS) wants to establish an ETF in 2025, reinforcing its reputation as an excellent investment option amidst Shibarium’s downturn.

ERC-20 token ETFS powers the ETFSwap (ETFS) ecosystem, allowing ETF trading and other platform functionalities. Holders can stake services to receive passive revenue and make and vote on initiatives to affect the platform’s growth.

The post Investors Shift Focus From Troubled Shiba Inu Shibarium to Soaring ETFSwap (ETFS) appeared first on Crypto News.

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