Shytoshi Kusama announced in a blog post that Shibarium is now operational, with the community already embracing the new blockchain. Despite some concerns about its scalability, Kusama reassured that Shibarium has successfully met its goals and is prepared for wider adoption.

According to the announcement, Shibarium has attracted over 65,000 wallets and facilitated more than 350,000 transactions, accommodating a variety of tokens, ranging from playful to controversial ones. Kusama emphasized that all tokens are registered to ensure safety and compliance with the necessary standards.

While users are encouraged to conduct their own research before engaging with Shibarium, developers are now invited to build on the platform, leveraging the current market conditions for future profitability.

Acknowledging the support from Polygon, particularly Sandeep, Kusama highlighted the collaboration's significance in achieving Shibarium's objectives. Other team members and contributors were also recognized for their efforts.

Meanwhile, the price of MATIC has experienced a slight increase, reaching $0.5499, with optimism for further growth fueled by Polygon's ongoing contributions to innovation.

Withdrawal instructions for different tokens vary in processing time, with some taking up to a week. Shibarium aims to combat misinformation spread by malicious actors online, as emphasized in Kusama's blog post, thanking supporters for their loyalty during such challenges.

The last update on Shibarium, posted on August 22, 2023, informed the community of optimizations and enhancements made to prepare the blockchain for launch, which occurred just two days later after thorough testing and adjustments.