Coins: 10053 Exchanges: 946 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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SKALE price

SKALE Price (SKL)

$0.02777215

2.52%
Rank #163

SKALE Price Chart (SKL/USD)

Last updated 02 Aug 2023, 14:15PM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Binance SKL / BUSD $0.05594200 0.13% $55,800,906
2 BTSE SKL / USD $0.02781000 0.68% $1,899,751
3 Huobi Global SKL / USDT $0.02757540 0.09% $1,586,913
4 Binance SKL / USDT $0.02653180 0.08% $1,467,924
5 Digifinex SKL / USDT $0.02784075 0.12% $611,981
6 Bitrue SKL / BUSD $0.02719695 1.17% $270,722
7 OKX SKL / USDT $0.02810223 0.14% $237,355
8 Bitrue SKL / USDT $0.02798524 0.07% $225,947
9 Coinbase Exchange SKL / USD $0.02830000 0.35% $138,642
10 Binance SKL / BTC $0.03827687 0.50% $123,378
11 Gate.io SKL / USDT $0.02807342 0.08% $112,590
12 BtcTurk PRO SKL / TRY $0.02805734 0.18% $102,180
13 Bitvavo SKL / EUR $0.02791108 0.11% $95,003
14 CoinTiger SKL / USDT $0.05489600 0.07% $87,706
15 Bitci SKL / USDT $0.02790241 0.79% $68,927
16 BitMart SKL / ETH $0.02603595 1.29% $66,874
17 WhiteBIT SKL / USDT $0.02816538 0.01% $63,981
18 Coinbase Exchange SKL / GBP $0.02948812 0.43% $37,637
19 Hotbit SKL / USDT $0.03189693 0.70% $37,544
20 LATOKEN SKL / USDT $0.02794342 0.50% $36,639
21 Pointpay SKL / USDT $0.02788577 0.08% $24,688
22 MEXC Global SKL / USDT $0.02721916 0.22% $19,652
23 TokoCrypto SKL / USDT $0.05502200 0.09% $18,798
24 LATOKEN SKL / BTC $0.02891342 0.51% $16,783
25 Coinbase Exchange SKL / EUR $0.02775410 0.39% $16,760
26 BingX SKL / USDT $0.02821436 0.64% $16,526
27 Crypto.com Exchange SKL / USDT $0.02770340 0.09% $6,839
28 Dcoin SKL / USDT $0.02788233 0.07% $6,639
29 Nominex SKL / BUSD $0.04844789 0.08% $6,323
30 BitMart SKL / USDT $0.02173272 0.97% $5,321
31 TokoCrypto SKL / BUSD $0.05453500 0.20% $4,992
32 CoinEx SKL / USDC $0.04095140 0.84% $4,737
33 KuCoin SKL / BTC $0.02063207 0.88% $4,616
34 BtcTurk PRO SKL / USDT $0.02754013 2.01% $4,522
35 FTX SKL / USD $0.03630000 0.17% $4,170
36 KuCoin SKL / USDT $0.02794753 0.18% $3,950
37 Coinbase Exchange SKL / BTC $0.02377038 1.04% $3,458
38 Huobi Global SKL / ETH $0.02119124 2.28% $3,357
39 Huobi Global SKL / BTC $0.04151561 0.49% $2,983
40 Crypto.com Exchange SKL / BTC $0.02821722 0.28% $2,907
41 CoinEx SKL / USDT $0.02776856 0.51% $2,732
42 Crypto.com Exchange SKL / USD $0.02755600 1.01% $2,731
43 Nominex SKL / BTC $0.02998561 1.00% $1,414
44 Gemini SKL / USD $0.02790000 2.92% $665
45 Bittrex SKL / USDT $0.03364541 1.60% $82
46 Bitstamp SKL / EUR $0.02796019 0.30% $54
47 Bittrex SKL / USD $0.03275000 0.97% $31
48 Bibox SKL / USDT $0.04228293 0.05% $1,409,887
49 CoinDCX SKL / USDT $0.02402124 0.04% $575,475
50 Deepcoin SKL / USDT $0.03410018 0.12% $500,813

SKL Price Statistics

$0
24H Range
$0
  • SKALE Price Now $0
  • 24h Low / 24h High $0 / $0
  • Trading Volume $11,602,122
  • Market Cap Rank #214
  • Market Cap $129,763,550
  • Volume / Market Cap 0.0894
  • All-Time High $1 -97.71%
    Mar 12, 2021
  • All-Time Low $0 41.74%
    Dec 31, 2022
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SKALE Cryptocurrency: Revolutionizing the Blockchain Space

Introduction

The world of cryptocurrencies is constantly evolving, with numerous blockchain projects aiming to address inefficiencies and limitations within the industry. One such project making waves is SKALE. Developed to enhance the scalability and flexibility of decentralized applications (dApps) built on Ethereum, SKALE offers a unique solution to the blockchain trilemma of scalability, security, and decentralization.

The SKALE Network

SKALE is a decentralized network that allows developers to build dApps with high-performance capabilities without compromising on security or decentralization. By utilizing the SKALE Network, developers can create scalable applications that can handle a larger number of transactions per second, rivaling traditional centralized solutions.

Scalability

Scalability has been a long-standing challenge for blockchain systems, particularly in the case of Ethereum. SKALE addresses this issue by implementing a unique approach that involves creating elastic sidechains. These sidechains can process transactions in parallel, significantly increasing the capacity and speed of the network. SKALE's decentralized, on-demand sidechains can be customized to meet individual application requirements, ensuring optimal performance.

Flexibility

The flexibility offered by SKALE is another remarkable feature of the cryptocurrency. Developers can seamlessly deploy and manage dApps on the SKALE Network, allowing for easy integration with existing Ethereum-based projects. This interoperability empowers developers to leverage SKALE's enhanced scalability and performance, while still benefiting from the robustness of Ethereum's ecosystem.

Validators and Stakers

The SKALE Network relies on validators and stakers to maintain the security and consensus of the network. Validators are responsible for verifying transactions, while stakers provide collateral to ensure the network's stability. In return, both validators and stakers are rewarded with SKALE tokens for their participation. This incentivized model ensures the network's security and decentralization.

The SKALE Token

The native cryptocurrency of the SKALE Network is the SKALE token. This digital asset holds value within the ecosystem and can be used for various purposes, such as paying for network services or participating in the network's governance through voting rights. SKALE tokens can also be earned by developers who actively contribute to the ecosystem or by running infrastructure nodes.

Conclusion

SKALE is revolutionizing the blockchain space by addressing the scalability issue that has hindered the widespread adoption of decentralized applications. With its unique approach to creating elastic sidechains, SKALE provides developers with a flexible and scalable infrastructure while maintaining the security and decentralization of the Ethereum network. As the blockchain industry continues to evolve, SKALE's contribution is set to play a significant role in advancing the capabilities of decentralized applications.