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Shiba Inu’s Lead Dev Brags Shibarium’s Success, ‘Almost 800M Transactions, 8 Times Cardano’

Shiba Inu’s lead developer, Shytoshi Kusama, has praised the success of Shibarium, the layer-2 blockchain network powering the Shiba Inu ecosystem. On Saturday, the pundit revealed that Shibarium has processed almost 800 million transactions, a figure he boasted was “8 times Charles Hoskinson’s Cardano.” The comment came as a response to a Shiba community member, Murat Aydın, who expressed concerns about the clarity of Shibarium’s roadmap. Aydın’s criticism revolved around the lack of communication about the network’s ongoing testing phase and the uncertainty surrounding the utility of BONE, the ecosystem’s gas fee token. In his reply, Kusama refuted the notion that Shibarium was still in testing, stating, “Did you just say Shibarium is being tested? Bro, there are 700M transactions.” He further emphasized the team’s ongoing efforts to enhance the ecosystem, including a redesigned website and a recently released podcast to address concerns and highlight their “incredible tech.” Notably, the exchange highlights the growing anticipation within the SHIB Army as the ecosystem prepares for the launch of the TREAT token in less than three days. TREAT, short for “Transactional Rewards for Engagement and Access Token,” is designed to provide rewards and enhance user engagement across Shibarium’s various projects. The token is expected to debut on major exchanges, including Bitget, Gate, KuCoin, and MEXC. In a blog post on the same day, Kusama elaborated on the broader vision for the Shiba Inu ecosystem, introducing concepts like “36 Chambers of Tech” and “WHY Combinator.” According to Kusama, the ecosystem aims to compete with larger blockchain networks by developing a comprehensive technology stack that includes AI, Web3 games, a metaverse, decentralized identity solutions, and more. Kusama explained the significance of TREAT in this ecosystem, describing it as a utility token that will incentivize user participation through weekly “TreatDrops” and grant access to various features within the network. Despite the focus on TREAT, Kusama also reassured the community about BONE’s critical role as Shibarium’s gas token. He hinted at upcoming developments, including Layer 3 solutions and optimistic rollups, which could settle transactions directly on Shibarium, further increasing $BONE’s utility. “Imagine giving this utility to BONE,” Kusama said, comparing Shibarium’s potential to data availability layers like Celestia. He also teased new cross-chain capabilities facilitated by Chainlink integration, positioning Shibarium as a hub for future blockchain projects. That said, with nearly 800 million transactions processed, Shibarium is solidifying its place as a major blockchain contender, surpassing Cardano in volume. Kusama’s remarks underscore the ecosystem’s rapid progress and ambitious vision, setting the stage for significant growth in 2025. CoinTurk News

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Famous ETF Expert Made 10 Predictions for the Cryptocurrency Market in 2025 – “XRP, Solana…”

Nate Geraci, president of The ETF Store, has made bold predictions about cryptocurrency ETFs, predicting transformative change under the new Trump administration. Geraci predicts 2025 as the “Year of Crypto ETFs,” citing a more crypto-friendly regulatory environment and significant changes in leadership at the U.S. Securities and Exchange Commission (SEC). Geraci believes the Trump administration will take a markedly different stance on digital assets than its predecessor. He notes that crypto advocate Paul Atkins is expected to be appointed as SEC Chairman, and a new “chief crypto officer” role has been created to be filled by Silicon Valley veteran David Sacks. A crypto advisory council made up of industry executives, led by Sacks, will reportedly help shape the administration’s digital asset policies. Related News: Adopting Bitcoin Provided El Salvador with an Unanticipated Benefit - Official Data Revealed In this context, Geraci made ten important predictions for the cryptocurrency ETF market: Bitcoin Spot ETFs to Surpass Gold ETFs: Geraci predicts that spot Bitcoin ETFs will surpass physical gold ETFs in terms of asset size, driven by increasing institutional and retail interest in Bitcoin. Spot Ethereum ETF Options Trading: Approval for Ethereum ETF options trading is on the horizon, signaling greater flexibility for investors. In-Kind Creation/Redemption for Bitcoin and Ethereum ETFs: Regulatory changes could allow for in-kind creation and redemption, streamlining the ETF market. Ethereum Staking ETFs: Spot Ethereum ETFs with staking features are expected to emerge, adding a new dimension to crypto ETFs. Launch of Innovative ETFs: Bitwise is expected to launch the Bitcoin Standard Corporations ETF, which focuses on companies that have adopted the “Bitcoin standard” with assets exceeding $1 billion. Proliferation of Crypto ETFs: Geraci predicts that at least 50 more crypto-related ETFs will emerge, ranging from options-based products to Bitcoin bond ETFs. Spot Solana ETFs: Solana spot ETFs are awaiting approval. Spot XRP ETFs: Spot XRP ETFs are also expected to receive regulatory approval. Crypto Index ETFs: Bitwise and Grayscale likely to receive approval for crypto index ETFs. Vanguard`s Entry Into Crypto ETFs: Vanguard, known for its conservative approach, may finally allow brokerage access to spot Bitcoin and Ethereum ETFs. Much of this progress, Geraci noted, will depend on regulatory clarity, particularly around whether digital assets are classified as securities or commodities. This clarity is expected to determine the jurisdiction of the SEC and the Commodity Futures Trading Commission (CFTC). *This is not investment advice. Continue Reading: Famous ETF Expert Made 10 Predictions for the Cryptocurrency Market in 2025 – “XRP, Solana…” CoinTurk News