Here's highlight of 3 ways Shibarium DeFi TVL can retest its all-time high
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As it stands, Shibarium already boasts usable products, including MARSWAP, ChewySwap and DogSwap, the trio of which dominates the TVL count. With funding to entice developers, these protocols can scale and drive more people into Shibarium. Additionally, the core Shibarium team will need to make good on their promises with respect to key events that are being envisaged. From security to the promised Burn Portal, meeting crucial milestones can keep the faith and further help drive Shibarium to the frontlines among its peers.
The third factor that can turn Shibarium's fortunes around is to capitalize on partnerships. Rather than competing unduly, it can learn from other Layer-2 scaling protocols with Shibarium has very solid publicity owing to the Shiba Inu influencer, but it needs to capitalize on its volatility and to attract more capital overall. Additionally, boosting diversity beyond the normal DEXes on the platform can also accelerate growth across the board.
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