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      SKALE SKL Logo
      SKALE SKL
      $0.02588 7.33%
      OG Score 41.21
      Reviews 3
      SKALE SKL Logo

      SKALE SKL Price

      $0.02588 7.33%
      Low All Time High
      $0.01596278 $1.22

      Introduction

      SKALE Network, launched in 2018, enhances Ethereum scalability with fast, customizable, and economical blockchain solutions. More

      OG Score 41.21
      Reviews 3
      Market Cap $149.52M
      Market Cap Rank # 384

      Token Stats

      Fully Diluted Valuation $157.29M
      24H Trading Volume $19.06M
      24H Low / High $0.03 / $ 0.03
      Circulating Supply 5.78 B
      Total Supply 6.08 B
      Max Supply 7.00 B

      Info

      Categories Modular Blockchain 12 more
      Founder Jack O'Holleran 1 more
      Website skale.space
      Socials 4 more
      Chains Ethereum Ecosystem 1 more
      Explorer Skalenodes 3 more
      Contracts SKALE 0x00c....1a7a7 1 more

      SKL/USD Price Chart

      24h 7d 1m All

      $SKL Community Sentiment

      OG Evaluation

      OG Score

      OG Score Rank #639
      Reviews 3
      Gem Score 12.10

      OGAudit Coin Evaluation Metrics

      Innovation 47 .60
      Innovation Evaluates whether the project introduces a unique, impactful solution that clearly outperforms competitors.
      Security 42 .73
      Security Assesses the robustness of smart contracts or protocol security, and the availability of up-to-date audit reports.
      Community 37 .00
      Community Measures how actively the team engages its community and whether governance decisions involve on-chain voting or transparent input.
      Tokenomics 40 .63
      Tokenomics Examines the utility of the token, distribution fairness, and whether there are clear incentives for long-term holding or usage. Also evaluates the project’s revenue model, including income sources, sustainability, and whether value flows back to token holders or the ecosystem.
      Team 42 .90
      Team Evaluates the experience,credibility of the founding and development team.
      Roadmap 36 .37
      Roadmap Assesses the clarity, transparency, and timely execution of the project's development roadmap.

      SKALE $skl User Reviews

      What Crypto OGs are Saying About SKALE

      $skl Markets

      Name Pair OG Score

      About SKALE $skl

      What is SKALE (SKL)?

      SKALE Network, launched in 2018, stands out as a groundbreaking "elastic" blockchain network, specifically engineered to enhance the scalability of Web3 applications. This open-source, decentralized network uniquely positions itself as a layer-2 scaling solution for the Ethereum blockchain, addressing some of the most pressing challenges faced by developers in the Ethereum ecosystem.

      At the heart of SKALE's innovation are its application-specific blockchains, termed as "dynamic shards" or SKALE chains. These operate above the Ethereum blockchain, offering developers private, Ethereum-compatible platforms for smart contract execution. What sets SKALE apart is its ability to deliver faster block times and handle a greater number of transactions per second, significantly surpassing Ethereum's current capacity. This capability allows full-state smart contracts, decentralized storage, and even machine learning algorithms, all within the Ethereum Virtual Machine (EVM) framework.

      The SKALE ecosystem is not just about high performance; it's also designed with economic efficiency in mind. By offering elastic sidechains, SKALE enables a substantial reduction in Ethereum's gas fees, a bottleneck for many developers and users on the mainnet. These sidechains, which are customizable and interoperable, allow for the creation of decentralized applications (dApps) such as DeFi platforms, games, NFT marketplaces, and decentralized streaming services, all with minimal delay and high throughput.

      What is unique about SKALE (SKL)?

      SKALE Network's uniqueness lies in its elastic sidechains, offering reduced operational costs for DApps during Ethereum network congestion, enabling faster transaction throughput, and providing scalable storage and testing environments without affecting Ethereum's mainnet​​.

      Who are the founders of SKALE (SKL)?

      SKALE Network was founded in 2018 by Jack O'Holleran, a technology entrepreneur with a background in blockchain and decentralized systems, and Stan Kladko, a tech executive with extensive experience in enterprise infrastructure technologies and cryptography​​​​.

      Who are the backers/investors of SKALE (SKL)?

      SKALE has many investors and backers such as Multicoin Capital, HashKey Capital, Galaxy, ConsenSys, Hashed Fund, Arrington XRP Capital, Boost VC, Hack VC, Blockchange Ventures, Winklevoss Capital, Aspect Ventures among others.

      Where can I buy SKALE (SKL)?

      You can buy SKALE (SKL) on Binance, Bitget, MEXCGate.ioOKX cryptocurrency exchanges.

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