• 14 July, 2024
News

Atomic Wallet to Support Shiba Inu’s L2 Network Shibarium

Atomic Wallet has announced support for Shibarium—Shiba Inu’s Layer-2 (L2) network. A non-custodial decentralized wallet, Atomic Wallet confirmed support for Shibarium via a tweet. 

Atomic Wallet tweeted:

Team Shibarium also reacted to the Atomic Wallet’s support announcement for Shibarium with elation. The announcement also delighted the Shiba Inu community who began expressing their elation in the Twitter comment section.

The Shibarium team tweeted:

The decentralized Atomic Wallet was launched in 2017. It offers a safe and secured destination to store over 500 cryptocurrencies. A couple of Shiba Inu ecosystem crypto assets supported by Atomic Wallet are SHIB and Bone ShibaSwap (BONE). Atomic Wallet states close to 5 million downloads of its decentralized wallet have taken place.

In related Shibarium support news, hardware cryptocurrency wallet Ledger has also announced that support for Shibarium is on their roadmap. Shibarium’s official Twitter handle @ShibInformer tweeted:

SHIB INFORMER quote-tweeted Burnsalot.nft (a Shibarium supporter). Burnsalot.nft asked Ledger Support about the potential of supporting the new ETH L2 protocol Shibarium. Ledger Support replied:

A Layer-2 blockchain built for the Shiba Inu ecosystem, Shibarium aims to bring scalability via boosting transaction speed and reducing costs. Shibarium’s development has rallied Shiba Inu’s native SHIB token. At press time, SHIB, the world’s 13th largest cryptocurrency, is trading at $0.00001154, per CoinMarketCap (CMC).

An Ethereum L2 network, Shibarium is poised to be speedy and affordable, enabling private transactions. It is also set to compete with Polygon as far as scalability, operability, and security are concerned.

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