Ledger confirms support for Shibarium

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Ledger confirms support for Shibarium

The Shibarium community is excited about the expected support from Ledger, the leading hardware wallet provider.

New blockchain for Shiba Inu

The Shibarium community is excited about the anticipated support from Ledger, the leading hardware wallet provider. This excitement was expressed in a tweet by Shibarium’s SHIB INFORMER. The tweet that Ledger tagged contained just three words: “That’s great news!”

‘Shib Informer’ thus quoted a tweet from a Shibarium supporter with the identity Burnsalot.nft. In the tweet, Burnsalot.nft asked Ledger Support if they will provide support for the new ETH layer 2 protocol.

Ledger support replied with a confirmation. It was also announced that support for Shibarium is already part of their roadmap.

This is another milestone for the emerging protocol that has caught the attention of the crypto community. Furthermore, the prospects of Shibarium, and the anticipation of it by the community, are having a remarkable impact on the crypto community.

What is Shibarium?

Shibarium is a Layer 2 blockchain being built for the Shiba Inu ecosystem. This protocol aims to provide scalability by increasing transaction speed and reducing costs. Members of the Shiba Inu community consider this an important addition that would improve the quality of the ecosystem.

The anticipation of the new blockchain has had a significant impact on the growth of SHIB, the Shina Inu cryptocurrency. SHIB has been rallying since the beginning of this year. It is currently the 13th largest cryptocurrency in the world. Currently the coin is worth $0.00001203.

Like other positive developments, Ledger’s proposed support will be seen as a step closer to making the Shibarium a reality.

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