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SoSo Daily Jun. 1 | The ETH/BTC ratio indicates a 55% potential upside, which may trigger an "altcoin season."
SoSo Daily Jun. 1 | The ETH/BTC ratio indicates a 55% potential upside, which may trigger an "altcoin season."
SoSo Daily Jun. 1 | The ETH/BTC ratio indicates a 55% potential upside, which may trigger an "altcoin season."
SoSo Daily Jun. 1 | The ETH/BTC ratio indicates a 55% potential upside, which may trigger an "altcoin season."
SoSo Daily Jun. 1 | The ETH/BTC ratio indicates a 55% potential upside, which may trigger an "altcoin season."
SoSo Daily Jun. 1 | The ETH/BTC ratio indicates a 55% potential upside, which may trigger an "altcoin season."
SoSo Daily Jun. 1 | The ETH/BTC ratio indicates a 55% potential upside, which may trigger an "altcoin season."
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Al-Driven Crypto Investment Research Revolution

SKALE

$0.020941.65%
SKL/USDT
BINANCE
Total dollar volume:
Market Cap:
FDV:
Turnover rate:
News
Tweets
Research
Pairs
Transaction
From Official
View All News
🛰️ Good Morning Skaliens 🛰️ It's that time again. 👽⌛ You got ~48 hours to lock up your $SKL in the upcoming @SkaleNetwork staking period. @myetherwallet iOS makes it easy AF. Simply click on the "Earn" tab to start staking $SKL in a self-custodial wallet! 👇 https://t.co/zP6p5vsebk https://t.co/Xdprl5LwvY
#Layer1
$SKL
myetherwallet
2 days ago
Noves is live on @SkaleNetwork As of right now, the complete Noves product suite has been deployed across the entire SKALE ecosystem. Every hub for both mainnet and testnet. A total of 8 chains! Whether it's, DeFi, gaming, NFTs or onchain AI/agents - Noves is proud to support from ideation to launch. What does this mean for SKALE builders? 👇
#Layer1
$SKL
Noves_fi
16 days ago
Venkate x @Tomtalkofficial Partnership Announcement We’re excited to partner with TomTalk — the first game on SKALE Network featuring Talk-to-Earn and Tap-to-Earn mechanics! Chat, tap, listen to music, and earn rewards while having fun! TomTalk is growing fast with 160,000+ monthly users and 113K+ transactions — and now Venkate joins the journey to bring more earning opportunities to the community! Ready to dive in? 🎮 Play TomTalk: https://t.co/KIfB6hGBsL #VenkateExchange #TomTalk #Web3Gaming #TalkToEarn #TapToEarn
#GameFi
$SKL
Venkate_io
23 days ago
Skale has launched the BITE Protocol, aiming to eliminate Maximal Extractable Value (MEV) attacks from the consensus layer. The BITE Protocol encrypts data before transactions enter the mempool and decrypts it after the block is finalized, preventing validators and MEV bots from profiting through front-running, sandwich attacks, or sniper transactions. (TheBlock) https://t.co/zqWQeWrosf
#Layer1
$SKL
wublockchain12
23 days ago
Skale Launches BITE Protocol to Prevent MEV Attacks from the Consensus Layer
#Layer1
$SKL
吴说
23 days ago
SKALE Announces BITE Protocol to Protect Against Blockchain Industry’s Nearly $2 Billion MEV Vulnerability @SkaleNetwork https://t.co/i0tWD9ev47
#Layer1
$SKL
ChainwirePR
23 days ago
Skale launches BITE Protocol to eliminate malicious MEV attacks https://t.co/5WeWY15i7K
#Layer1
$SKL
TheBlock__
23 days ago
🔥 New IDO on SeaFi: May 17, 2025 🔥 Meet @meefieofficial – Earn rewards by taking selfies! Convert to NFTs, stake, or store with $MFT Tokens. IDO details: 🎟 Ticker: $MFT 🔗 Network: Skale Europa 💵 Total raise: $250,000 🎯 Price: 0.007 ✍️ Vesting schedule: 15% at TGE, 0-month cliff, 2-month daily vesting 📍 Listing date: May 19, 2025 ✅ Standard 24h refundable 📌 Important Note: IDO participants get 1% cashback on investments Stay tuned to turn your selfies into something valuable!
#Fundraising
$SPT
$SKL
SeaFi_AI
23 days ago
Happy to team up with @qstnxyz! As part of our collab, they’ve cooked up a quick survey all about us.🧠 🎁 First 25 to complete it score $0.10 in USDC on @skalenetwork! 🔗https://t.co/v4eIoK4ntZ Check it out, and stay tuned for more 🔥 collabs.
#DeFi
$SKL
$USDC
NeurochainAI
24 days ago
Calling all Skaliens 👽🛸🛰🌌 The next @SkaleNetwork staking period starts on Thursday! If you aren't already earning on your $SKL — what are you even doing??! Put your $SKL to work in @myetherwallet iOS, a mobile self-custodial wallet today! 👇✨ https://t.co/zP6p5vsebk https://t.co/FYc24gwqJe
#Layer2
$SKL
myetherwallet
Apr 28, 2025
⚡️ The gates to @SKALENetwork are open inside World of Dypians. No gas fees. No limits. Just pure gameplay. Roam the SKALE-powered zone, take on the Treasure Hunt, and claim Daily Bonuses as you rise through the world. This isn’t just a new area; It’s a new era. https://t.co/yEDwvSDFY0
#GameFi
$SKL
worldofdypians
Apr 22, 2025
⛽ $11B in gas fees saved?! Yeah, that’s the power of going gasless. 🚫🔥 🎙️ @benjmiller88, Senior Director at @SkaleNetwork, breaks down why partnering with Functionland just makes sense: 👉 Blazing fast. 👉 Gas-free. 👉 Scalable for real-world dApps. Functionland’s infra isn’t just innovative — it’s efficient, cost-saving, and future-proof. The blockchain world is done burning gas. It’s time to build smarter. 💡💰 🧩 #Functionland #SKALE #GaslessBlockchain #CryptoInfra #Web3Innovation #NoMoreGasFees #DePIN #FULA #BuildSmart #BlockchainEfficiency #TechThatScales #TokenUtility #GasFeesNoMore #DecentralisedFuture #CryptoPartnerships #BenMiller #ScaleWithFunctionland
$SKL
functionland
Apr 11, 2025
Ranking of Crypto Game Project Development Activities: MultiversX, Decentraland, and Skale Network Lead
#GameFi
$EGLD
$MANA
$SKL
Crypto Potato
Mar 15, 2025
Nansen supports multi-token staking to earn points, and the points balance will be launched in Q2.
#DeFi
$AKT
$APT
$BAND
Odaily
Mar 12, 2025
Putting your crypto to work is probably one of the wisest things you can do 🦉💡Why would you let your precious $SKL sit there idle when you can be earning passive rewards with it??!? 🥴Stake $SKL in MEW iOS 👇https://t.co/YgN3Gv0RXO https://t.co/OMWvdnLMsK
#DeFi
$SKL
$MEW
myetherwallet
Feb 20, 2025
🌃 Fechamento de mercado! #BTC R$ 552.232,00 (+2,64%) 📈 #ETH R$ 15.588,00 (+3,75%) 📈 #USDT R$ 5,73 (+0,52%) 📈 #SUSHI R$ 5,06 (+7,08%) 📈 #SKL R$ 0,19 (+3,08%) 📈 *Cotação e variações referentes às últimas 24h. **Dados retirados de: https://t.co/l3ZfFRKJ5q 🦊
$BTC
$ETH
$MAG7.SSI
foxbit
Feb 19, 2025
🧭 Chain Atlas rewards distribution timeline🏆What rewards will you receive?- $41.6 in $LONG- $41.6 in $DAO- $16.8 in $SKL⏰When will you receive your rewards?- $SKL rewards will be distributed by February 18.- $LONG and $DAO rewards will be sent after the TGE (Q2 2025 for $LONG).💳Which wallet will receive the rewards?- $DAO will be sent to your TON wallet.- $SKL and $LONG will be sent to your EVM wallet.Stay tuned for more exciting opportunities with Belong! 🔥
$DAO
$SKL
$TON
belongnet
Feb 17, 2025
Experience Seamless Trading! 💪With our integration on the SKALE Network, enjoy gas-free #NFT transactions, making your Web3 gaming assets more accessible than ever!🔥Dive into a reimagined #NFT marketplace today! 🚀https://t.co/bssBDnD25z https://t.co/FbMgyw78jz
#NFT
$SKL
KeepSakeMarket
Feb 5, 2025
It's that time again Skaliens🛸You got approximately ONE day to participate in the next @SkaleNetwork staking period.Stake $SKL directly from a self-custodial wallet. Strengthen the network and earn passive rewards!Stake $SKL in @myetherwallet iOS 👇https://t.co/zP6p5vsebk https://t.co/uCtiNIUOCN
#DeFi
$SKL
myetherwallet
Jan 30, 2025
The Price of SKL at Bitkub Exchange rose 17.23 % recording a daily high at 2.2875 baht and a daily low at 1.7696 baht.The market is experiencing significant volatility, which may impact investors. Bitkub Exchange would like to remind all investors to carefully consider the risks involved in their investments..*Digital assets involve risks; investors should study information carefully and make investments according to their own risk profile..#bitkub #SKL #priceupdate #marketupdate
$SKL
BitkubOfficial
Jan 30, 2025
Scan QR Code to Explore more key information
Al-Driven Crypto Investment Research Revolution
Scan QR Code to Explore more key information

SKALE

SKL

News
Tweets
Research
Pairs
Transaction
From Official
View All News
🛰️ Good Morning Skaliens 🛰️ It's that time again. 👽⌛ You got ~48 hours to lock up your $SKL in the upcoming @SkaleNetwork staking period. @myetherwallet iOS makes it easy AF. Simply click on the "Earn" tab to start staking $SKL in a self-custodial wallet! 👇 https://t.co/zP6p5vsebk https://t.co/Xdprl5LwvY
#Layer1
$SKL
myetherwallet
2 days ago
Noves is live on @SkaleNetwork As of right now, the complete Noves product suite has been deployed across the entire SKALE ecosystem. Every hub for both mainnet and testnet. A total of 8 chains! Whether it's, DeFi, gaming, NFTs or onchain AI/agents - Noves is proud to support from ideation to launch. What does this mean for SKALE builders? 👇
#Layer1
$SKL
Noves_fi
16 days ago
Venkate x @Tomtalkofficial Partnership Announcement We’re excited to partner with TomTalk — the first game on SKALE Network featuring Talk-to-Earn and Tap-to-Earn mechanics! Chat, tap, listen to music, and earn rewards while having fun! TomTalk is growing fast with 160,000+ monthly users and 113K+ transactions — and now Venkate joins the journey to bring more earning opportunities to the community! Ready to dive in? 🎮 Play TomTalk: https://t.co/KIfB6hGBsL #VenkateExchange #TomTalk #Web3Gaming #TalkToEarn #TapToEarn
#GameFi
$SKL
Venkate_io
23 days ago
Skale has launched the BITE Protocol, aiming to eliminate Maximal Extractable Value (MEV) attacks from the consensus layer. The BITE Protocol encrypts data before transactions enter the mempool and decrypts it after the block is finalized, preventing validators and MEV bots from profiting through front-running, sandwich attacks, or sniper transactions. (TheBlock) https://t.co/zqWQeWrosf
#Layer1
$SKL
wublockchain12
23 days ago
Skale Launches BITE Protocol to Prevent MEV Attacks from the Consensus Layer
#Layer1
$SKL
吴说
23 days ago
SKALE Announces BITE Protocol to Protect Against Blockchain Industry’s Nearly $2 Billion MEV Vulnerability @SkaleNetwork https://t.co/i0tWD9ev47
#Layer1
$SKL
ChainwirePR
23 days ago
Skale launches BITE Protocol to eliminate malicious MEV attacks https://t.co/5WeWY15i7K
#Layer1
$SKL
TheBlock__
23 days ago
🔥 New IDO on SeaFi: May 17, 2025 🔥 Meet @meefieofficial – Earn rewards by taking selfies! Convert to NFTs, stake, or store with $MFT Tokens. IDO details: 🎟 Ticker: $MFT 🔗 Network: Skale Europa 💵 Total raise: $250,000 🎯 Price: 0.007 ✍️ Vesting schedule: 15% at TGE, 0-month cliff, 2-month daily vesting 📍 Listing date: May 19, 2025 ✅ Standard 24h refundable 📌 Important Note: IDO participants get 1% cashback on investments Stay tuned to turn your selfies into something valuable!
#Fundraising
$SPT
$SKL
SeaFi_AI
23 days ago
Happy to team up with @qstnxyz! As part of our collab, they’ve cooked up a quick survey all about us.🧠 🎁 First 25 to complete it score $0.10 in USDC on @skalenetwork! 🔗https://t.co/v4eIoK4ntZ Check it out, and stay tuned for more 🔥 collabs.
#DeFi
$SKL
$USDC
NeurochainAI
24 days ago
Calling all Skaliens 👽🛸🛰🌌 The next @SkaleNetwork staking period starts on Thursday! If you aren't already earning on your $SKL — what are you even doing??! Put your $SKL to work in @myetherwallet iOS, a mobile self-custodial wallet today! 👇✨ https://t.co/zP6p5vsebk https://t.co/FYc24gwqJe
#Layer2
$SKL
myetherwallet
Apr 28, 2025
⚡️ The gates to @SKALENetwork are open inside World of Dypians. No gas fees. No limits. Just pure gameplay. Roam the SKALE-powered zone, take on the Treasure Hunt, and claim Daily Bonuses as you rise through the world. This isn’t just a new area; It’s a new era. https://t.co/yEDwvSDFY0
#GameFi
$SKL
worldofdypians
Apr 22, 2025
⛽ $11B in gas fees saved?! Yeah, that’s the power of going gasless. 🚫🔥 🎙️ @benjmiller88, Senior Director at @SkaleNetwork, breaks down why partnering with Functionland just makes sense: 👉 Blazing fast. 👉 Gas-free. 👉 Scalable for real-world dApps. Functionland’s infra isn’t just innovative — it’s efficient, cost-saving, and future-proof. The blockchain world is done burning gas. It’s time to build smarter. 💡💰 🧩 #Functionland #SKALE #GaslessBlockchain #CryptoInfra #Web3Innovation #NoMoreGasFees #DePIN #FULA #BuildSmart #BlockchainEfficiency #TechThatScales #TokenUtility #GasFeesNoMore #DecentralisedFuture #CryptoPartnerships #BenMiller #ScaleWithFunctionland
$SKL
functionland
Apr 11, 2025
Ranking of Crypto Game Project Development Activities: MultiversX, Decentraland, and Skale Network Lead
#GameFi
$EGLD
$MANA
$SKL
Crypto Potato
Mar 15, 2025
Nansen supports multi-token staking to earn points, and the points balance will be launched in Q2.
#DeFi
$AKT
$APT
$BAND
Odaily
Mar 12, 2025
Putting your crypto to work is probably one of the wisest things you can do 🦉💡Why would you let your precious $SKL sit there idle when you can be earning passive rewards with it??!? 🥴Stake $SKL in MEW iOS 👇https://t.co/YgN3Gv0RXO https://t.co/OMWvdnLMsK
#DeFi
$SKL
$MEW
myetherwallet
Feb 20, 2025
🌃 Fechamento de mercado! #BTC R$ 552.232,00 (+2,64%) 📈 #ETH R$ 15.588,00 (+3,75%) 📈 #USDT R$ 5,73 (+0,52%) 📈 #SUSHI R$ 5,06 (+7,08%) 📈 #SKL R$ 0,19 (+3,08%) 📈 *Cotação e variações referentes às últimas 24h. **Dados retirados de: https://t.co/l3ZfFRKJ5q 🦊
$BTC
$ETH
$MAG7.SSI
foxbit
Feb 19, 2025
🧭 Chain Atlas rewards distribution timeline🏆What rewards will you receive?- $41.6 in $LONG- $41.6 in $DAO- $16.8 in $SKL⏰When will you receive your rewards?- $SKL rewards will be distributed by February 18.- $LONG and $DAO rewards will be sent after the TGE (Q2 2025 for $LONG).💳Which wallet will receive the rewards?- $DAO will be sent to your TON wallet.- $SKL and $LONG will be sent to your EVM wallet.Stay tuned for more exciting opportunities with Belong! 🔥
$DAO
$SKL
$TON
belongnet
Feb 17, 2025
Experience Seamless Trading! 💪With our integration on the SKALE Network, enjoy gas-free #NFT transactions, making your Web3 gaming assets more accessible than ever!🔥Dive into a reimagined #NFT marketplace today! 🚀https://t.co/bssBDnD25z https://t.co/FbMgyw78jz
#NFT
$SKL
KeepSakeMarket
Feb 5, 2025
It's that time again Skaliens🛸You got approximately ONE day to participate in the next @SkaleNetwork staking period.Stake $SKL directly from a self-custodial wallet. Strengthen the network and earn passive rewards!Stake $SKL in @myetherwallet iOS 👇https://t.co/zP6p5vsebk https://t.co/uCtiNIUOCN
#DeFi
$SKL
myetherwallet
Jan 30, 2025
The Price of SKL at Bitkub Exchange rose 17.23 % recording a daily high at 2.2875 baht and a daily low at 1.7696 baht.The market is experiencing significant volatility, which may impact investors. Bitkub Exchange would like to remind all investors to carefully consider the risks involved in their investments..*Digital assets involve risks; investors should study information carefully and make investments according to their own risk profile..#bitkub #SKL #priceupdate #marketupdate
$SKL
BitkubOfficial
Jan 30, 2025
SKALEGoogle Search Trends
Watermark
SKALEGitHub code submission status
Watermark
Commit
27,546
Star
740
Fork
284
Issue
295
SKALETwitter weekly trends
Watermark
May-31-May-25
May-24-May-18
May-17-May-11
Tweets
Total
6
5
7
Views
Total
Average
229.8K
38.3K
15.87K
3.17K
23K
3.29K
Like
Total
Average
428
71
418
83
545
77
Comment
Total
Average
38
6
58
11
56
8
Shares
Total
Average
97
16
115
23
158
22
Al-Driven Crypto Investment Research Revolution

SKALE Timeline

Early Supporters 1.78B
Foundation 700.01M
Ecosystem Fund 326.76M
Protocol Development Fund 310.42M
Broader Founding Team 1.12B
Core Team Pool 280M
Public Sale 168.55M
Scan QR Code to Explore more key information
Al-Driven Crypto Investment Research Revolution

SKALE Token unlock

Unlocked: 62.72%(381.09b)
Total Locked: 4.29%(26.07b)
Untracked: 32.99%(200.45b)
Scan QR Code to Explore more key information
Al-Driven Crypto Investment Research Revolution

SKALE Token allocation

Network Inflation (Validators Rewards):33.00%(2.31b)
Early Supporters:25.49%(1.78b)
Broader Founding Team:16.00%(1.12b)
Foundation:10.00%(700.00m)
Ecosystem Fund:4.67%(326.76m)
Protocol Development Fund:4.43%(310.42m)
Core Team Pool:4.00%(280.00m)
Public Sale:2.41%(168.55m)
Scan QR Code to Explore more key information

SKALE Basic
Report a Data Error

Watermark
Al-Driven Crypto Investment Research Revolution
SKALE Significant Events
  • Nov,2024
    SKALE has been included in Coinbase's COIN50 Index.
  • Jan,2024
    SKALE Chain Pricing on Mainnet Launch
  • Oct,2022
    SKALE announced a partnership with W3bstream to integrate MachineFi, focusing on decentralized machine economy, which helps in bridging IoT with decentralized networks.
  • Nov,2021
    This upgrade brought significant enhancements to the network, including the ability for validators to dynamically add or remove nodes based on demand and improvements in network security and user experience.
  • May,2021
    SKALE announced a $100 million fund to incentivize development on its network, aimed at supporting the deployment of dApps, grants, and incentives to developers.
Expand More
Scan QR Code to Explore more key information

SKALE Info

White paper
white paper
Website
skale.space
Contracts
Etherscan:0x00...a7a7
Skalenodes:0xe0...dc50
Explorers
etherscan.io
skalenodes.com
Community
Twitter
Telegram
Reddit
Discord
Source code
github.com
Sector
Layer2
First issue time
Oct 01, 2020
Significant Events
  • Nov,2024
    SKALE has been included in Coinbase's COIN50 Index.
  • Jan,2024
    SKALE Chain Pricing on Mainnet Launch
  • Oct,2022
    SKALE announced a partnership with W3bstream to integrate MachineFi, focusing on decentralized machine economy, which helps in bridging IoT with decentralized networks.
  • Nov,2021
    This upgrade brought significant enhancements to the network, including the ability for validators to dynamically add or remove nodes based on demand and improvements in network security and user experience.
  • May,2021
    SKALE announced a $100 million fund to incentivize development on its network, aimed at supporting the deployment of dApps, grants, and incentives to developers.
Expand More
Watermark

SKALE Team

Jack O'Holleran
CEO & Co-Founder of SKALE Labs
Stan Kladko
CTO & Co-Founder of SKALE Labs
Watermark

SKALE Intro

SKALE (SKL) is a prominent Layer 1 modular blockchain specifically engineered to enhance the scalability and performance of Ethereum-based applications. As an independent Layer 1 blockchain, SKALE provides a network of multiple elastic sidechains that can execute full-state smart contracts, perform rollups, and host decentralized applications (dApps). Its modular architecture offers developers flexible configuration options, allowing them to tailor blockchain performance and features to suit their specific needs.

SKALE's network significantly reduces transaction costs and latency while increasing throughput, thanks to its unique sidechain solution. This design not only enhances the network's security and decentralization but also makes SKALE a powerful tool for developers looking to optimize the performance of their Ethereum-based projects. In addition, the SKL token plays a crucial role within the network, including staking by validators to secure the network, and enabling token holders to participate in governance processes that influence protocol updates and changes.

The modular nature of SKALE allows it to support a variety of decentralized solutions efficiently. Each elastic sidechain can be thought of as a customizable blockchain, where developers can define specific parameters such as block time, consensus mechanism, and virtual machine compatibility. This level of customization is designed to provide high throughput and low latency environments tailored for gaming, content streaming, and complex financial applications, making SKALE an adaptable and robust platform for a wide range of blockchain applications.

SKALE Unlock & Allocation
Report a Data Error

SKALE Timeline

Early Supporters 1.78B
Foundation 700.01M
Ecosystem Fund 326.76M
Protocol Development Fund 310.42M
Broader Founding Team 1.12B
Core Team Pool 280M
Public Sale 168.55M

SKALE Token unlock

Unlocked: 62.72%(381.09b)
Total Locked: 4.29%(26.07b)
Untracked: 32.99%(200.45b)

SKALE Token allocation

Network Inflation (Validators Rewards):33.00%(2.31b)
Early Supporters:25.49%(1.78b)
Broader Founding Team:16.00%(1.12b)
Foundation:10.00%(700.00m)
Ecosystem Fund:4.67%(326.76m)
Protocol Development Fund:4.43%(310.42m)
Core Team Pool:4.00%(280.00m)
Public Sale:2.41%(168.55m)

People also watch
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MASK$2.038 -FLOW$0.365 -THETA$0.755 -PEPE$0.00001161 -CHZ$0.03896 -CSPR$0.01279 -

SKALE Price Live Data
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The live SKALE price today is $0.02094 USD with a 24-hour trading volume of 13,951,240 USD. We update our SKALE to USD price in real-time. SKALE is +1.65% in the last 24 hours. The current SoSoValue marketcap ranking is # 280, with a live market cap of $ 120,946,355 USD. It has a circulating supply of 5,775,852,671 SKL coins and a max supply of 7,000,000,000 SKL coins.
SKALE
SKL
#280
$0.02094
+1.65%
Total dollar volume24H
$13,951,240
High24H
0.02172 USDT
Low24H
0.02035 USDT
Market Cap
#280$120,946,355
FDV
$127,231,440
Market Cap / FDV Ratio
0.95
Turnover rate
11.54%
Circulating supply
5,775,852,671
Total supply
6,076,000,000
Max supply
7,000,000,000
All time high
1.24443 USDT
All time high date
Mar 12, 2021
Down from All time high
-98.32%
Cycle low
0.01634 USDT
Cycle low date
Apr 07, 2025
Up from cycle low
28.15%
Contracts
Etherscan:0x00...a7a7
Official links
Website
White paper
Socials
Twitter
Telegram
Reddit
Discord
Introduction

SKALE (SKL) is a prominent Layer 1 modular blockchain specifically engineered to enhance the scalability and performance of Ethereum-based applications. As an independent Layer 1 blockchain, SKALE provides a network of multiple elastic sidechains that can execute full-state smart contracts, perform rollups, and host decentralized applications (dApps). Its modular architecture offers developers flexible configuration options, allowing them to tailor blockchain performance and features to suit their specific needs.

SKALE's network significantly reduces transaction costs and latency while increasing throughput, thanks to its unique sidechain solution. This design not only enhances the network's security and decentralization but also makes SKALE a powerful tool for developers looking to optimize the performance of their Ethereum-based projects. In addition, the SKL token plays a crucial role within the network, including staking by validators to secure the network, and enabling token holders to participate in governance processes that influence protocol updates and changes.

The modular nature of SKALE allows it to support a variety of decentralized solutions efficiently. Each elastic sidechain can be thought of as a customizable blockchain, where developers can define specific parameters such as block time, consensus mechanism, and virtual machine compatibility. This level of customization is designed to provide high throughput and low latency environments tailored for gaming, content streaming, and complex financial applications, making SKALE an adaptable and robust platform for a wide range of blockchain applications.

BTC:$104,285.7+0.84%ETH:$2,512.99+0.57%ssiMAG7:$20.33+1.01%ssiMeme:$17.57+1.53%
BTC:$104,285.7+0.84%ETH:$2,512.99+0.57%XRP:$2.1622+2.60%BNB:$656.42+1.08%
SOL:$155.23+1.57%DOGE:$0.19003-0.09%TRX:$0.2673+1.06%ADA:$0.6784+1.15%
02:44Important Events and Data Preview for Next Week: Intensive Speeches by Federal Reserve Officials, Release of U.S. May Non-Farm Payroll Data
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