SK

SKALE

SKL
Layer 2Rank #92Ethereum

$105.42

-5.20%24h
-1.48%7d

Market Cap

$8.80B

Volume 24h

$295.32M

Vol / Market Cap

3.36%

Rank

#92

SKL Price Chart

About SKALE

SKALE is an Ethereum Layer 2 network providing elastic sidechains.

What Is SKALE (SKL)? SKALE is an Ethereum Layer 2 network that provides elastic sidechains for scalable Web3 applications.

How It Works

A modular Ethereum Layer 2 network providing elastic sidechains for scalable decentralized applications with low or zero gas fees.

Use Cases

Dedicated App Chains: Used to secure a network that offers developers high-speed, zero-fee app-specific chains for Ethereum-based applications.

Tokenomics

Dedicated App Chains: Used to pay for chain subscriptions—dedicated sidechains for apps, avoiding congestion and enabling low-cost user experiences.

Risks & Considerations

Heavy competition for low-cost scaling; low liquidity and limited institutional interest are headwinds.

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