Shibarium News Skyrockets Robinhood's Shiba Inu Holdings by 1.3 Trillion SHIB

Robinhood's Shiba Inu (SHIB) reserves increased by 1.3 trillion tokens in August, reaching a total of 34.1 trillion tokens. SHIB now ranks as the third largest asset in Robinhood's crypto wallet, accounting for 4.26% of its overall crypto portfolio. The growth in SHIB holdings is attributed to the release of Shibarium, a Layer 2 solution by Shiba Inu, which encountered scalability challenges but was successfully relaunched with the help of Polygon. Since the Shibarium relaunch, Robinhood's SHIB holdings have decreased by 66.47 billion tokens. This highlights SHIB's relevance and adaptability in the evolving digital economy.