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SKALE (SKL)

SKALE
[SKL]

SKALE is an open-source, Layer-2 Ethereum sidechain network designed to scale Web3 applications.

SKALE constitutes a network consisting of scalable, interconnected, and modular blockchains. It empowers developers to transfer their projects from Ethereum to one of the autonomous SKALE chains, ensuring high throughput without incurring any gas fees.

SKALE's architecture allows for the creation of independent, dapp-specific SKALE blockchains, each of which functions as a set of private Ethereum-compatible smart contracts. These side-chains offer developers a secure, high-performance, and cost-effective environment for deploying various types of dApps, including those in DeFi, gaming, NFTs, and decentralized streaming services.

SKALE side chains can process transactions up to 1000 times faster than the Ethereum network. This impressive speed enables Ethereum-based dApps to rival Web2 applications in terms of cost-efficiency and bandwidth capability. Additionally, Skale side-chains alleviate congestion on the main Ethereum network, enhancing its overall scalability.
Smart Contract PlatformProof of StakeLayer 2

Current price

24h:5.42%

Market cap

Trading volume 24h

Fully diluted market cap

All time high price

96.11%

All time low price

142.54%

Token supply

0 SKL (0%)
7B SKL (100%)
$0.03
$0.0472
$0
$330.39M
5.18B SKL (73.99%)