The SKALE network, an Ethereum compatible Layer-2 solution known for its high scalability, low costs, and impressive speed, appears to be gaining significant attention. Its coin, SKL, has been consistently mentioned as a promising altcoin to invest in, with several sources predicting steady growth and a potential rise to $1 and beyond. This enthusiasm is reflected in the growth of SKALE's usage, with Q1 adoption soaring thanks to its gas-less blockchain.
In recent updates, the SKALE network has ventured into Web3 application partnerships, like a venture with Atari founder's new firm for blockchain gaming, and transitioned celebrities from meme coins to DApps. The network also partnered with Mark Cuban's Fireside to create a 'Web3 Netflix'.
Further bolstering its appeal, SKALE was enlisted on Coinbase Pro and also on Bithumb, signalling growing recognition and investor interest in the crypto space. NFT trading also got a major makeover with Deadfellaz partnering with Skale Labs for a gas-free NFT trading card game, highlighting SKALE's ability to evolve and adapt to emerging market trends.
Additionally, SKALE has been hailed as one of the top 10 altcoins and Layer 2 crypto projects to invest in for potential bull runs. The popularization of Web3 gaming, AI chatbots and other future-oriented technologies are playing a crucial role in SKALE's momentum forward.
SKALE Coin News Analytics from Fri, 16 Oct 2020 07:00:00 GMT to Mon, 13 Jan 2025 15:22:01 GMT - Rating 7 - Innovation 9 - Information 7 - Rumor 3