Crypto: Shiba Inu Will Reach A Historic Milestone In 48 Hours
The Shiba Inu ecosystem is about to cross a historic milestone. The Shibarium blockchain, a layer 2 solution dedicated to this crypto universe, is now nearing a billion transactions. As these lines are written, the counter shows over 992 million transactions, with a daily pace exceeding 3.8 million. Just a few more days, and Shibarium will enter the history books.
Launched to alleviate congestion on Ethereum, Shibarium showcases impressive numbers: over 10 million blocks produced and 191 million unique addresses recorded. Within just a few months, this network has demonstrated an adoption capacity rarely seen in the crypto world.
With a steady pace of 3.8 million transactions per day, Shiba Inu is poised to cross the symbolic threshold of a billion interactions on Shibarium in less than 48 hours. This performance confirms the explosive growth of this crypto ecosystem and its establishment in Web3.
This surge is explained by an explosion in daily registrations on the blockchain: +4000% in active users, according to the latest official data. Shibarium is on track to become one of the most dynamic crypto networks in the decentralized sphere.
Developers are already working on the next evolution of Shibarium: the creation of a layer 3 roll-up hub. The goal? To allow external developers to create their own customized blockchains while using the BONE token as fuel for transactions. An advancement that could redefine Shiba Inu’s role in the Web3 infrastructure.
On the market side, the SHIB token, a pillar of the ecosystem, remains strongly correlated to the activity on Shibarium. Despite the usual volatility for a memecoin, the crypto community continues to massively support the project. If the billion transactions act as a media catalyst, it could also strengthen the long-term adoption of SHIB.
Often relegated to the status of a joke by traditional investors, Shiba Inu proves here that it can play in the big leagues. A few months ago, Shibarium was losing 96% of its transactions . And today, the network is close to the symbolic milestone of a billion transactions. This demonstrates the vitality of a project that, despite criticisms and obstacles, moves forward with determination in the crypto universe.
Bitcoin to Outshine Gold? Fidelity Calls BTC’s Rise ‘Possible’
The director of global macro at Fidelity Investments, Jurrien Timmer, has made a bold prediction for Bitcoin, claiming the asset could overtake gold. However, he believes that this could only happen in a decade or two.
Detailing his thesis, Timmer explained that this potential move would not be as simple as people think. Per his observation, Bitcoin would have to follow either the power law curve or the S-curve trajectory of internet adoption.
Our research shows that the Power law curve occurs when the distribution of a return is heavily skewed. Meanwhile, the S-curve adoption is a graphical representation of adoption and growth over time. Technically, this covers how technology evolves, gains traction, matures, and levels off.
According to Timmer, this prediction also assumes that gold follows its historical compound annual growth rate (CAGR) of 8%. The challenge for Bitcoin in this “journey” is that “hard money could end up winning the race” if it grows at the rate indicated by the two models.
Amidst this backdrop, gold could also appreciate faster than the usual 8% per year, staying ahead of its digital version. In concluding his submission, Timmer highlighted that “gold will always be Bitcoin’s quieter older sibling.”
Earlier, The Digital Chamber analyst Perianne Boring disclosed that Bitcoin could reach the market capitalization of gold in 2025. However, she explained that this could depend on several factors. Out of this, one of the key factors is the successful establishment of Bitcoin as a strategic reserve in the US. Fascinatingly, an executive order has been signed by US President Donald Trump to make this a reality, as indicated in our recent blog post.
If Donald Trump is successful in putting forward many of the proposals he promised to the community, the sky is the limit because Bitcoin has a fixed supply.
Adding to this, Boring disclosed that the successful operation of the “so-called Boosting Innovation, Technology and Competitiveness Through Optimized Investment Nationwide (BITCOIN)” could position Bitcoin within the same category as gold and oil reserves.
Based on the results of the stock-to-flow (S2F) model, she believes that the asset could hit $800k. Mathematically, this price point could send the Bitcoin market cap to at least $15 trillion.
Meanwhile, Germany’s biggest bank, Deutsche Bank, does not see much disparity between the two. As detailed in our last news piece, Deutsche equated Bitcoin to gold as a digital store of wealth while hinting that the recent strategic reserve move by the US could define a new benchmark for the world’s financial system.
In a recent study, we reported that 52% of Americans now prefer Bitcoin to gold and stocks, pointing to a significant shift of interest and a future move towards the luxurious metal’s current market cap.
Bpifrance Sets €25M Crypto Fund to Back French Projects
Who would have thought that a state-owned bank in France would be so bold as to jump straight into the crypto world? Bpifrance, which has so far been known to be more familiar with financing traditional businesses, has now launched a €25 million fund to invest directly in crypto tokens created by French projects. This move is not just a whim or following a trend.
Bpifrance seems to be really serious about strengthening the local digital asset ecosystem, especially amid the strong flow of investment that often flows abroad.
💥 🇫🇷 French state-owned bank Bpifrance launches €25m fund for new French #crypto tokens. pic.twitter.com/rgDNk9cBD8
— BITCOIN EXPERT INDIA (@Btcexpertindia) March 28, 2025
Different from their previous approach, where they only supported blockchain technology behind the scenes, this time Bpifrance is getting straight into the arena. This fund is designed to buy French tokens before they go public, a kind of state way of booking front-row seats at a local crypto concert.
And considering that over the past decade they have poured more than €150 million into blockchain-related projects, it is clear that this is not a decision made overnight.
On the other hand, this move comes amid quite complicated conditions. In January, French authorities actually deepened their investigation into Binance, the world’s crypto exchange giant. The alleged violations are serious, spanning from money laundering and financing terrorism to their connections to drug trafficking and tax evasion.
The investigation covers Binance’s activities in Europe from 2019 to 2024. So, while the state is providing encouragement through Bpifrance, there is also an ongoing clean-up effort.
However, France seems to still want to be a magnet for this industry. Coinbase, for example, has just celebrated its expansion into France after being officially recognized as a virtual asset service provider (VASP) by local authorities.
CNF previously reported that more crypto-friendly regulations have made France one of Europe’s new favorite destinations. This can be likened to opening a special toll gate for digital projects, so that they no longer have to compete for lanes with startups from other parts of the world.
Furthermore, the push from the private sector is also increasingly felt. Last year, former French parliamentarian Pierre Person decided to switch from politics to the crypto space. He founded Usual Labs and launched Usual Money, an Ethereum-based DeFi protocol.
They issued two tokens: USD0++ which functions as a liquid bond, and USD0, a stablecoin backed by government bonds. It can be said that this is like combining trust in the state with the flexibility of the crypto world, two worlds that used to feel very far from each other.
Bitcoin On-Chain Analysis: Are We in an Accumulation or Distribution Phase?
Recent Bitcoin market volatility shows a clear divergence in holder behavior, according to on-chain data highlighted by analytics platform Glassnode.
A chart shared by the firm indicates Short-Term Holders (STH) – those holding Bitcoin for less than 155 days – are largely realizing losses on recent price moves. Conversely, Long-Term Holders (LTH) – holding for over 155 days – appear to be primarily securing profits when they transact.
This dynamic reflects the somewhat usual market cycle where newer investors face challenges, but veteran holders remain confident and often sell at a gain during price fluctuations. Historically, Long-Term Holders accumulate BTC during bear markets and begin offloading their holdings as prices rise, securing profits.
The information on the chart could mean that the Bitcoin market is in a holding pattern. Long-term owners’ profits are being matched by short-term owners’ losses. This translates to no capital coming in, fewer people buying, and while some are still selling for profit, it’s less than before.
This data aligns with past Bitcoin cycles, characterized by newer market participants who tend to panic-sell during downturns, while seasoned investors strategically exit at higher price levels. Depending on which way the profit goes, Bitcoin’s price and market stability might be affected. For instance, if Short-Term Holders continue selling at a loss, it may increase selling pressure and drive prices lower. On the other hand, if Bitcoin stabilizes or rises, it could restore confidence among these investors.
Glassnote went further with the analysis , reporting that the demand side is waning. The research indicates a big reduction in new capital inflows into the Bitcoin network, evidenced by an 85% drop in combined realized profit and loss volumes, decreasing from $3.4 billion to $508 million since the all-time high of $109k.
Such a drop in activity mirrors the demand patterns observed during the 2024 accumulation phase when Bitcoin traded between $50k and $70k.
Despite the challenging conditions, there is a notable trend of accumulation among Long-Term Holders. Their supply is beginning to grow once more, highlighting an investor preference for holding and accumulating Bitcoin.
All in all, if Bitcoin continues to trend upwards, Long-Term Holders may increase profit-taking, but this doesn’t necessarily mean a bearish market, since it still is a part of normal market cycles.
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