Shytoshi Kusama has recently detailed the recent strides in Shibarium's scalability. Kusama's blog post proudly reveals that Shibarium is now up and running, warmly embraced by the community. Despite concerns surrounding its scalability, Kusama remains confident that Shibarium has effectively met its set objectives and is ready for broader acceptance.

In the announcement, it was disclosed that Shibarium has enticed over 65,000 wallets and facilitated more than 350,000 transactions, accommodating an array of tokens that span from light-hearted to controversial. Kusama underscored the importance of token registration to ensure safety and adherence to essential standards.

While users are encouraged to conduct their due diligence before immersing themselves in Shibarium, developers are now extended an invitation to craft on the platform, leveraging current market conditions for prospective profitability.

Expressing gratitude for the support from Polygon, with special recognition to Sandeep, Kusama accentuated the significance of this collaboration in realizing Shibarium's goals. The collective efforts of the team members and contributors were also lauded for their dedication.

In a parallel development, the price of MATIC has slightly risen to $0.5499, with a hopeful outlook for further expansion prompted by Polygon's continuous contributions to innovation.

Notably, the processing time for withdrawals of various tokens exhibits discrepancies, with certain withdrawals taking up to a week. Shibarium strives to combat the dissemination of misinformation by malevolent entities online. Kusama's blog post underscores the importance of factual support during such trying times.

The most recent Shibarium update, posted on August 22, 2023, relayed pivotal optimizations and improvements implemented to gear up the blockchain for its debut, swiftly followed by the official launch merely two days after comprehensive testing and fine-tuning.