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A leading provider of cryptocurrency hardware wallets plans to support the major Shiba Inus (SHIB) upgrade to the blockchain project.
Ledger says plans are already underway to integrate SHIB’s Layer 2 blockchain called Shibarium, which is slated for release this year.
During Ledgers’ new Ask Us Anything Twitter session, a Shibarium supporter asks the company:
Will you provide support/accounts for the new ETH Layer 2 Shibarium? »
said ledger,
Hey – yes, that’s our roadmap. Stay tuned for updates.
Another hardware wallet company, Trezor, also appeared to confirm its intention to support Sabrium.
Said Trezor,
Hi, as we support ethereum layer 2 networks, [Shibarium] should be supported by default in Trezor firmware.
The same token rival Dogecoin (DOGE) opened the year at $0.00000803 and hit a 2023 high of $0.0000138 on January 21, an increase of around 72%.
The rival Dogecoin meme token is the 15th largest crypto asset by market capitalization. At the time of writing, SHIB has reverted to a value of $0.0000117.
In a recent blog post, the project doesn’t give a specific launch date for Shibarium, but says it’s about to launch.
Shibarium is designed to offer scalability, faster transaction times, and lower gas fees, according to the blog post.
Shibarium will run on top of the Ethereum (ETH) blockchain and also aims to make it easier for developers to build decentralized applications, called DApps, on the Shiba Inu blockchain.
Shibarium developers previously announced that Bone ShibaSwap (BONE) will be the official digital asset used to power the blockchain. Every BONE transaction on it will burn SHIB tokens.
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