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Listed
0.004229
SKALE price chart
SKALE (SKL) is currently priced at 0.00 USD, with a 24h change of -0.0473%. Last updated: 06/10/2026 07:42:14 (UTC+0).
SKALE (SKL) price details
24h high
0.005808 USD
24h low
0.005575 USD
24h change
-0.0473%
24h trading vol.
4.16M USD
Market cap
26.19M USD
Fully diluted market cap
29.61M USD
Total supply
6.34B
Max supply
7.00B
All-time high (2021-03-12)
1.22 USD
All-time low
0 USD
Ranking
621
Circulating supply
88.46%
3D change
+8.13%
7D change
+24.31%
30D change
+44.80%
1Y change
+92.25%
SKALE price history
Download dataDownload dataDate
Price
Open
High
Low
Volume
Change (%)
As of today, the average price of SKALE (SKL) is 0.61 USD. The all-time high was 1.22 USD on 2021-03-12, while the all-time low was 0 USD on --.
SKALE technical analysis
Technical analysis leverages historical price patterns and trading volume to provide insights into potential SKALE movements and help traders identify opportunities in the volatile crypto market.
Summary:
Moving average
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SKALE (SKL) sentiment
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About SKALE
What Is SKALE
Definition of SKALE
SKALE is a multichain blockchain network designed to enhance scalability for Ethereum-compatible applications. SKALE, known by its token symbol SKL, emerged as a solution to Ethereum's scalability issues. Founded in 2018 by Jack O’Holleran and Stan Kladko, both experienced in blockchain and software, the project aims to provide elastic blockchains that scale with demand. The core concept revolves around creating sidechains that are secure, decentralized, and interoperable with Ethereum. Its ecosystem includes tools for developers to build dApps, focusing on high throughput and low latency.How Does SKALE Work
Operational Mechanisms
SKALE operates as a layer-2 scaling solution for Ethereum, using a multichain architecture where multiple chains share security but not performance.Consensus and Technical Principles
It employs a proof-of-stake (PoS) consensus mechanism for security. Validators stake SKL tokens and are randomly assigned to chains, rotating to prevent collusion. Smart contracts on SKALE are Ethereum-compatible, built with Solidity. The network uses public and private keys for transactions, ensuring secure ownership and transfers while pooling security across validator sets for efficiency.How Is New SKALE Created
Issuance and Supply Details
New SKL tokens are not mined but distributed through staking rewards and network incentives.Mining/Staking Mechanisms
SKALE uses a PoS model where validators stake SKL to secure the network and earn rewards. The total maximum supply is capped at 7,000,000,000 SKL, with an inflation model that decreases over time. Rewards come from transaction fees and inflation, distributed to stakers and delegators. This encourages participation while controlling supply growth for long-term stability.The Use Cases of SKALE
Payments and DeFi
SKALE supports fast, low-cost payments and DeFi applications through its scalable chains.Other Applications
It's ideal for NFTs, gaming, and governance, enabling developers to deploy dApps with high performance. Cross-border transfers benefit from quick settlements, while smart contracts power decentralized apps. The network's elasticity suits Web3 ecosystems needing scalability without compromising security.Buy, Send, or Store SKALE
Purchasing Channels
You can buy SKL on exchanges like WEEX, which offers a trusted platform for trading cryptocurrencies.Storage and Security
Store SKL in hot wallets for quick access or cold wallets for enhanced security. To send, use wallet apps by entering the recipient's address and confirming via private key. Register on WEEX Exchange to earn a free 20 USDT bonus, making it a secure spot for buying and trading SKL. https://www.weex.com/how-to-buyPros & Cons / Risks
Advantages
- High scalability with elastic chains for Ethereum dApps. - Strong security through pooled PoS validation. - Low transaction costs and fast speeds.Risks
- Price volatility due to market fluctuations. - Regulatory uncertainties in the crypto space. - Technical risks like network upgrades or bugs. - Dependence on Ethereum's ecosystem health.Comparison
SKALE vs. Alternatives
Compared to Ethereum, SKALE offers better scalability as a layer-2 solution, reducing congestion. Unlike Polygon, it focuses on multichain security pooling. Against Bitcoin, SKALE emphasizes smart contracts over simple value storage, positioning it for DeFi and dApp development.Conclusion / Next Steps
Future Potential
SKALE shows promise in scaling Web3, with potential growth through developer adoption and Ethereum integrations.Recommendations
Explore the whitepaper or roadmap for deeper insights. Join communities to stay updated. Consider trading on platforms like WEEX for practical steps—check it out for secure access.Market & Ecosystem
Market Cap & Trading Volume
As of 2025-09-05, SKALE's market cap is $176,203,227 USD, with a 24-hour trading volume of $43,602,414 USD.Exchanges Where It’s Listed
SKL is available on major exchanges, including WEEX for reliable trading.Community Size & Activity
The community is active on Twitter, Reddit, and Telegram, with growing discussions around scalability solutions.Ecosystem Growth
Partnerships and developer activity are expanding, focusing on EVM-compatible tools and integrations.Official links
Website
Whitepaper
GitHubSocial media and community
Reddit
X(Twitter)FAQ
1. What is the current price of SKALE (SKL) in USD?
As of 06/10/2026, the current price of SKALE (SKL) is 0.004229 USD.
2. What is the market capitalization of SKALE (SKL)?
Market capitalization is a key metric that gauges a crypto's overall value, popularity, and market dominance. The current market cap of SKALE (SKL) is 26.19M USD.
3. What is the circulating supply of SKALE (SKL)?
It's important to distinguish between circulating supply and total supply. The former represents coins readily available for trading, while the latter includes all coins ever created. Currently, SKALE (SKL) has a circulating supply of 6.19B SKL out of a total supply of 6.34B SKL.
4. What factors influence the price of SKALE (SKL)?
Numerous factors contribute to the price fluctuations of SKALE (SKL).
Supply and demand dynamics: A limited supply of SKALE against increasing demand often drives up the price. Conversely, a large supply or decreased demand can lower the price.
Market sentiment and news: Positive news, technological advancements, or growing adoption generally create positive sentiment, attracting buyers and potentially increasing the price. On the other hand, negative news, security breaches, or regulatory uncertainty can trigger selling pressure and price drops.
Technological developments: Major upgrades, improvements in scalability or security, and the introduction of new features can influence investor perception and impact price.
Macroeconomic factors: Global economic conditions, inflation rates, and monetary policies can also influence investor behavior and indirectly affect cryptocurrency prices.
Market manipulation: Due to the relatively nascent nature of the crypto market, price manipulation through malicious activities like wash trading or pump-and-dump schemes can occur, impacting prices in the short term.
5. Is SKALE (SKL) a good investment?
When evaluating SKALE (SKL) as an investment, consider these key factors:
Project fundamentals: Research the project's team, technology, white paper, and use cases to assess its potential value.
Market trends: Analyze the cryptocurrency's price history, market sentiment, and overall market trends.
Competition: Evaluate the competitive landscape and how SKALE compares to similar projects.
Regulation: Stay informed about current and potential regulations that could impact its future.
6. Where can I buy SKALE (SKL)?
You can buy SKALE (SKL) on various cryptocurrency exchanges.
Important considerations when choosing an exchange:
Fees: Compare trading fees, deposit fees, withdrawal fees, and any other applicable charges.
Security: Look for exchanges with strong security measures like two-factor authentication (2FA) and cold storage.
Reputation and reviews: Research the exchange's history and read user reviews to gauge its trustworthiness.
Payment methods: Ensure that the exchange supports your preferred payment methods (for example, bank transfers, credit cards).
Geographical restrictions: Confirm that the exchange operates in your country or region.
We highly recommend WEEX as a top-rated option. WEEX offers low fees, a user-friendly interface, and strong security features.
7. What are the typical fees when buying SKALE (SKL)?
The fees for buying SKALE (SKL) can vary depending on the cryptocurrency exchange you use and your chosen payment method. Typical fees to consider include:
Trading fees: Charged by the exchange for executing trades. They are structured as a percentage of the trade amount (such as 0.1 – 0.5%) or a flat fee per transaction.
Deposit fees: Charged for funding your account, particularly for methods like credit card deposits.
Withdrawal fees: You may encounter fees when withdrawing your SKALE (SKL) or fiat currency from the exchange.
8. What are some technical indicators used for analyzing SKALE (SKL)?
Traders often use technical indicators to analyze price charts and identify potential trading opportunities for SKALE (SKL). Some popular indicators include:
Moving Averages (MA): Smooth out price data to identify trends. Common examples are the 50-day, 100-day, and 200-day MAs.
Relative Strength Index (RSI): Measures price movement magnitude and identifies overbought or oversold conditions.
Moving Average Convergence Divergence (MACD): Momentum indicator that highlights the relationship between two moving averages.
Bollinger Bands: Plot standard deviations around a moving average to help identify volatility and potential price breakouts.
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What is SKALE worth in other fiat currencies? Last updated: 2026-06-10 07:42:14（UTC+0）
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