Real-time SKL price analysis
The current price of the SKALE network in real time is $0.0869and its trading volume is equal to US$13,435,304 in the last 24 hours. SKL price has grew by
0.48%
on the last day and decreased by
3.71%
in the last 7 days. It is important to note that the current market capitalization of the SKALE network is US$448,043,855and the maximum offer is 7,000,000,000 SKL coins. Speaking of revolving supplies, SKL has 5 156 686 004 coins. Currently, the rating of the SKALE network on the market is #138.
SKALE network price today
92.90%
below
always on top and that’s it
1397.66%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling SKL are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is the SKALE Network (SKL)?
SKALE (SKL) is the token that powers the SKALE network. This ERC-777 token which offers a wide range of staking and management options.
The SKALE network is DeFi solution for Web3. It offers fast and gas-free transactions while maintaining complete security. The SKALE crypto network is completely decentralized and Compatible with the Ethereum blockchain.
SKALE offers improved node throughput through modular and linear scalability, environmental sustainability, and instant transaction finality. The SKALE network processes transactions using subscription model. SKL’s price and market capitalization can be viewed in the chart above.
Who created ROCK?
The SKALE Network crypto platform was created Jack O’Holleran and Stan Kladko. O’Holleran is an entrepreneur with years of experience working with decentralized projects. Kladko previously co-founded several financial technology and digital security companies and has over 15 years of experience in the technology industry.
O’Holleran and Kladko teamed up in Project SKALE to find a solution to a common problem. blockchain scalability problems. Since they both worked with cryptography and blockchain technology, they focused their efforts on developing secure decentralized blockchain solutions.
The price of SKALE has been relatively volatile since the token’s launch. In December 2020, the asset price was below $1. This threshold was first exceeded in March 2021. The SKALE Network token has experienced periods of sliding up and down depending on overall market trends.
What are the main features of SKALE?
The SKL token has several uses. Delegators require SKL tokens to bid. Validators use it as confirmation of your right to work online. Tokens can also be used by blockchain developers to access available resources and work on on-chain projects.
The SKALE network functions as decentralized autonomous organization (DAO). Thus, the SKL token also allows users to actively participate in network governance and vote on protocol decisions.
The maximum supply of SKL tokens is 7 billion. According to tokenomics, the largest share, 33%, is allocated to validator rewards. This is followed by the distribution of delegators at 28.1%. Tokens are generated using Proof of Stake (PoS) consensus mechanism. Given the deflationary structure of the asset, the price of the SKALE network is expected to rise over time as inventories dwindle.
What is the trading volume of the SKALE network in the last 24 hours?
SKL has trading volume US$13,435,304 in the last 24 hours.
What is the highest price ever on the SKALE network?
SKL has the highest price US$1.22which was achieved at March 12, 2021 (2 years 11 months ago).
What is the lowest price on the SKALE network?
SKL has the lowest price $0.0058which was achieved at December 11, 2022 (1 year 2 months ago).
Which exchanges are best for buying and selling SKL?
Currently the most active and dominant exchanges for buying and selling the SKALE network are Binance, Kraken & Kucoin. The most popular SKALE Network trading pairs SKL/USDT
(on
Binance
),
SKL/USD
(on
Kinbase
),
SKL/TRY
(on
Pariboud
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
Which hardware wallets are the most secure for storing SKL?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage SKALE Network. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
