Over the past 8 hours, the price of the SKALE Network (SKL) cryptocurrency has fluctuated between $0.046 and $0.047, showing a slight price variation. Trading volume over this period has remained high, reflecting continued interest in the asset, with around $39 million traded in the past 24 hours.

The SKALE Network is an Ethereum-based platform designed to improve the scalability of decentralized applications (dApps) by providing an efficient infrastructure for developers who want to build and run dApps quickly and cost-effectively. The SKL token is used for staking, governance, and access to network resources, and is essential for the functioning of the ecosystem.