Shiba Inu becomes the most popular smart contract in the largest ethereum wallet

According to WhaleStats, with the unexpected but long-awaited listing of Shiba Inu on the Robinhood trading platform, whale activity toward the token gradually increased as interaction with the token increased with the surge in buying activity.

SHIB's on-chain and market statistics

According to the tokens' wallet tracker page, whales are actively buying tokens, leading to an increase in the use of the Shiba Inu smart contract and making it the most used smart contract among the 2,000 largest ethereum wallets.

In addition to strong usage, Shiba Inu's market and on-chain metrics expanded as the average balance of Whale addresses climbed to 2.36 SHIB tokens and transaction volume grew by 436% to $53 million.