SKL is the native token of the SKALE Network, a gas‑free, Ethereum‑compatible Layer‑2 scaling blockchain designed to support dApps, gaming, AI and high‑performance applications.
It’s currently trading very low (around ~$0.0069 USD) — roughly 99 % below its all‑time high — showing a long‑term bear trend and extremely thin pricing.
Short‑term price action has been weak with weekly declines and modest recovery attempts, reflecting broader crypto risk‑off sentiment.
Past bursts of whale activity and speculative interest pushed temporary rallies, but supply sell‑pressure and exchange inflows risk quick pullbacks.
Network developments and integrations (e.g., ecosystem expansion and partnerships) are long‑term positives but haven’t driven sustained price strength yet.
Overall, SKL remains high‑volatility and speculative, heavily influenced by broader market flows rather than strong standalone momentum.
SKL
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