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SKALE (SKL) price, chart, coin profile and news
Find the latest SKALE (SKL) price, coin profile, news and history to get you started with SKALE trading and investing.
SKALE (SKL) is the 233rd largest cryptocurrency in the world by market cap, valued at $170,899,613. The current price of SKALE is $0.0345, which is -1.709% lower than yesterday. Prices have ranged between $0.03823883 and $0.03395889 over the past 24 hours. All prices are listed in US dollars and accurate as of January 31, 2023 12:01 UTC.
Skale price chart
Price over the past month
What is Skale?
SKL is the native token of the SKALE Network. According to its website, SKALE is an Ethereum interoperable elastic blockchain network.
Essentially, it’s designed to bring scalability and boost transaction capacity for the Ethereum blockchain. The whitepaper describes it as an “Elastic Sidechain Network”. It aids developers of decentralized applications (dapps) to run smart contracts on the network in sub-second block times at a high throughput of up to 2,000 tps per chain with low transaction costs. The network uses Solidity smart contracts. It was the first project to launch a coin on the Consensys Codefi’s Activate platform. The platform is designed to enable customers to have a single application purchase, manage and use tokens by launching decentralized networks on it. As a decentralized network, the SKALE network intends to decrease latency in transactions and make them as affordable as possible. SKL is the work and usage token of the network. It’s a hybrid-use token that gives the holder the right to work within the network as a validator, stake as a delegator or access resources as a developer for deploying or renting an elastic sidechain/blockchain for a certain amount of time.
Skale recent updates
Jun
1
Cardano (ADA) has surged 20% in 5 days as investors bet that this month's Vasil hard fork, which will upgrade the network, could boost it long term. Read full story
Skale at a glance
Basic stats for Skale
#233
$171 M
5 B
4 B
Stan kladko
Jack o'holleran
Ankr
Bisontrails
Figment
Dokia capital
Staked
Stake fish
Chorus
Tuku
Dapp development
Staking
Platform fees
Governance
Rewards
Ethereum
Skale news
German Asset Management Giant DekaBank To Offer Bitcoin And Crypto
Celsius failed to report $800 million in losses as CFO flagged ‘possibly illegal’ behavior
Cardano-based Stablecoin Djed Launched on the Mainnet
Skale performance over time
Skale fundamental and technical analysis
Time frame
Movement
1 day
1.71%
1 week
3.91%
1 month
72.38%
2 months
25.42%
200 days
22.42%
1 year
70.24%
Social activity for Skale
Similar assets
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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