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SKALE Network Price

SKALE Network Price(SKL)

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Coinbase
1.99%
Kraken
0.26%
Binance
0.1%
$ 0.0386308
-2.3%
(1D)

SKL Price Live Data

The live price of SKALE Network is $ 0.0386308 per (SKL / USD) today with a current market cap of $ 154.06M USD. 24-hour trading volume is $ 7.28M USD. SKL to USD price is updated in real-time. SKALE Network is -2.3% in the last 24 hours. It has a circulating supply of 3.99B USD.
SKL Price Performance USD
ChangeAmount%
Today$ -0.0008892-2.3%
30 Days$ -0.0083981-21.74%
60 Days$ -0.0160094-41.44%
90 Days$ -0.0080984-20.96%

SKL Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 0.0382335
High: $ 0.0397871
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
$ 1.224488
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
+0.46%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
-2.30%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
-0.67%
The percent change in trading volume for this asset compared to 7 days ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
-0.67%
The percent change in trading volume for this asset compared to 7 days ago.

SKL Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#150
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
$ 154.06M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
$ 7.28M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
3.99B
Circulating supply shows the number of coins or tokens that have been issued so far.
Circulation Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
3.99B
Circulating supply shows the number of coins or tokens that have been issued so far.

About SKALE (SKL)

SKALE is an Ethereum native multi-chain network composed of an unlimited number of secure, decentralized, high-performance blockchains for bringing NFTs, DeFi, and Web3 to billions of users. 

SKALE’s highly configurable platform was built to support an ever-expanding set of Dapp-specific chains that run without centralized dependencies. Plus, SKALE’s unique pooled security system and containerized node architecture enable developers to deliver a high-speed, seamless user experience without gas fees or latency. SKALE’s open-source platform provides quick consensus with fast block times and instant finality and includes EVM compatibility, on-chain NFT file storage, rollup contract execution, zero-cost minting, and gasless transactions, and machine learning smart contract functionality.

The SKALE Network is an open source project with many contributors including SKALE Labs, Inc. headquartered in San Francisco, CA. The SKALE Network’s supporters include Arrington Capital, Blockchange, ConsenSys Labs, Hashed, HashKey, Floodgate, Multicoin Capital, Recruit Holdings, Signia VP, and Winklevoss Capital. The SKALE Network is supported by many of the top validators in the world including 01NODE, Ankr, Anonstake, Audit One, Blockdaemon, Blockware, Chainflow, Chainode, Chorus One, Cypher Core, Dokia Capital, Figment Networks,  FreshSkale, Hashed x DELIGHT, Hashquark, Staked, Stakin, Stake With Us, WolfEdge Capital, as well as Staking Facilities. SKALE Network utilised the $SKL token which is listed on 40 exchanges/DEXs globally, including Binance, Coinbase, FTX, Gemini, Huobi, OKEx and more. 

History

Co-founders Stan Kladko and Jack O’Holleran were connected by friends at Signia Venture Partners and Floodgate in 2017 when they were both looking to build a company in the crypto space. Both were seeking to build decentralized applications and ran into similar issues with scaling and creating a user experience that would not be a bottleneck to growth. 

Stan came up with the initial SKALE architecture and mechanics as a way to scale the different applications he was working on. 

During his initial collaborations with Jack, they realized there was a potential market opportunity to create a new high-throughput layer that could work alongside Etheruem and allow new dApps to overcome scaling bottlenecks. 

Existing blockchains were in need of a scaling solution as the market for new decentralized applications like decentralized exchanges (DEXs), search, and e-commerce was growing rapidly.

That’s when SKALE was born. On Jan. 1, 2018, Jack and Stand formally launched the SKALE Project and received support and seed backing from Signia Ventures and Floodgate. SKALE went on to get support from several other investors in the crypto and blockchain space, including Winkelvoss Ventures, Multicoin Capital, Hashed, and Hashkey, among others.

After two and a half years of development and testing, SKALE announced its phased mainnet rollout plan. Part of this plan was to host a public SKL token sale through ConsenSys Codefi's Activate platform. SKALE became the first project to use Activate's new Proof-of-Use framework for utility tokens, which requires sale participants who purchase tokens to actively “prove their use” of the token (i.e., stake on the network) before they’re allowed to transfer or redeem them.

SKALE launched the first phase of its mainnet on Jun. 30, 2020, which was a restricted version that did not support any staking or token transfer. This was followed by the ConsenSys Activate token sale, which concluded in September 2020 with nearly 4,000 participants across 90 countries. 

Mainnet Phase 2 launched support for delegation and staking with over 46 validator organizations on Oct. 1, 2020. Mainnet Phase 3, the final phase of mainnet launch, occurred December 1, 2020, coinciding with the unlocking of the tokens that completed their Proof-of-Use period.

 At that point, the tokens became available on a variety of exchanges including Binance, Huobi, and Uniswap. SKALE currently has several projects/Dapps live on mainnet and is in the process of adding more each month.

People Also Ask: Other Questions About SKALE (SKL)

  1. How Do I Get SKL?

    SKALE is actively traded on 40 exchanges and dexs globally. To buy SKL on Binance, register for an account now. 

  2. Can You Stake SKL?

    SKALE is actively traded on 40 exchanges and dexs globally.

Top News
SKALE Network (SKL) Prepares for The Merge with ETH 2.0 Testnet
According to the SKALE Network's official blog, to support the SKALE network and the broader community, SKALE Labs is planning to support The Merge and has no plans to support any forks.The Merge will make Ethereum more secure, reduce energy usage by 99.9%, and make it easier to implement scaling solutions like SKALE, which will be needed to get billions of consumers onboarded to Web3.The SKALE community has been preparing for ETH 2.0 for some time, such as operating an ETH 2.0 testnet, both internally with the core team and with external validators. The testing has been running smoothly as they approach the Merge, which is an essential component for future success. More importantly, the community continues to stay up-to-date on the latest updates to ETH 2.0, and the execution of the planned path to update SKALE validators is ongoing.SKALE Network will continually ensure the networks are stable and safe to use. Although they don'tNetwork's anticipate any disruptions before and throughout the merger process, they already have resources and strategies to react quickly should there be any issues.
Binance
2022-09-13
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2022-09-13
Binance Market Update (2022-06-14)
The global cryptocurrency market cap now stands at $0.96T, down by -0.34% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $20,813 and $24,170 over the past 24 hours. As of 04:00 PM (UTC) today, BTC is trading at $22,613, down by -2.44%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include UNFI, ATA, and SKL, up by 56%, 31%, and 28%, respectively.Top stories of the day:Ethereum Difficulty bomb Delayed Ahead of MergeBored Ape Floor Price Drops Below $100K, Daily Volume Jumps by 50%EU to Reach Agreement on Crypto RegulationsSkybridge Capital Founder: BTC will reach $100k in next 12-24 monthsMarket movers:LUNA: $2.5929 (-1.88%)ETH: $1243.34 (+1.63%)BNB: $226.5 (+1.39%)ADA: $0.5001 (+7.06%)XRP: $0.3205 (+2.46%)SOL: $30.75 (+10.77%)DOGE: $0.05685 (+5.04%)DOT: $7.42 (+6.76%)TRX: $0.05905 (-7.62%)AVAX: $16.59 (+5.47%)Top gainers on Binance:UNFI/BUSD (+56%)ATA/BUSD (+31%)SKL/BUSD (+28%)
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2022-06-14
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Binance Market Update (2022-04-28)
The global cryptocurrency market cap now stands at $1.82T, up by 2.28% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $38,830 and $40,373 over the past 24 hours. As of 08:00 PM (UTC) today, BTC is trading at $39,969, up by 2.85%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include DAR, SKL, and APE, up by 79%, 23%, and 20%, respectively.Top stories of the day:ApeCoin (APE) Is Now The Biggest Metaverse Token by Market CapAPE has surpassed MANA, SAND, and AXS to become the largest metaverse token by market valuation.Dubai’s Largest Real Estate Developer Damac to accept payments in BTC and ETHDubai’s largest real estate developer Damac Properties said that it would start accepting crypto payments in Bitcoin (BTC) and Ethereum (ETH) against property sales.Move-To-Earn Token STEPN enters top 50 cryptos, Here’s HowThe token’s latest rally is spurred by the addition of the project to several popular marketplaces.New York State Assembly Passed Bill Targeted at Carbon-Based PoW Mining SitesThe legislation aims to address environmental issues derived from PoW’s massive energy consumption.Meta Reports Loss of $3B on Augmented/Virtual Reality Operations in Q1Meta Platforms (FB) lost $2.96 billion in the first quarter on its recently created Facebook Reality Labs (FRL) division.Goldman Sachs says it is exploring the tokenization of real assetsGoldman Sachs said it is examining non-fungible tokens (NFTs) and particularly the tokenization of real assets.DeFi Trading Platform Hashflow Introduces Bridgeless Cross-Chain SwapsDecentralized finance (DeFi) trading platform Hashflow (HFT) is introducing a new feature to enable bridgeless cross-chain swaps.Market movers:ETH: $2948.05 (+3.33%)BNB: $405.3 (+4.43%)SOL: $98.64 (+1.31%)XRP: $0.6446 (-0.19%)LUNA: $88.39 (+0.07%)ADA: $0.8406 (+1.31%)DOGE: $0.1377 (-0.58%)AVAX: $67.78 (-1.58%)DOT: $17.05 (+1.37%)SHIB: $0.00002304 (-0.17%)Top gainers on Binance:DAR/BUSD (+79%)SKL/BUSD (+23%)APE/BUSD (+20%)
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2022-04-28
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Top Blog
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