Coinbase
How to Buy SKALE
Good news! You can buy SKALE on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy SKALE.
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Create a Coinbase account to buy and sell SKALE on the most secure crypto exchange.
SKALE is on the decline this week. ↘
The price of SKALE has increased by 0.51% in the last hour and increased by 7.13% in the past 24 hours. SKALE’s price has also fallen by 18.53% in the past week. The current price is $0.0398 per SKL with a 24-hour trading volume of $30.07M. Currently, SKALE is valued at 97.11% below its all time high of $1.38. This all-time high was the highest price paid for SKALE since its launch.
The current circulating supply of SKALE is 5,775,852,671 SKL which means that SKALE has as total market cap of $229,699,491.38.
Market cap
$229.7M
Volume (24h)
$30.1M
Circulating
5.8B SKL
Hold time
119 days
Popularity
#196
All time high
$1.38
1 hour
↗ 0.51%
1 day
↗ 7.13%
1 week
↘ 18.53%
2 weeks
↘ 8.3%
1 month
↘ 10.61%
1 year
↘ 50.41%
Performance
↘ 49.72%
Vs. Market
↘ 73.45%
Vs. BTC
↘ 75.74%
Vs. ETH
↘ 53.11%
SKALE (SKL) is the native token of SKALE, a network of interoperable, EVM compatible Layer-1 blockchains built to deliver high performance, zero gas fees, and unmatched scalability for decentralized applications (dApps). The SKALE Network operates through an innovative leaderless consensus mechanism, enabling an unlimited number of independent, EVM-compatible blockchains (SKALE Chains) to run seamlessly. The SKL token empowers its holders to stake as validators, participate as delegators, vote in governance, and access network resources to deploy scalable, decentralized applications tailored to their needs.
SKALE is a blockchain network designed to power decentralized applications (dApps) with zero gas fees, high performance, and limitless scalability. SKALE operates as a network of EVM compatible, interconnected Layer 1 blockchains, referred to as SKALE Chains. These individual chains can be specific to a single dApp or shared amongst similar dApps. SKALE chains are modular and offer pooled security, dynamic scalability, and tailored resource allocation, enabling developers to deploy dApps with unmatched flexibility and user experience.
SKALE operates as a multichain network composed of many chains that pool security. Developers can deploy their own interoperable Ethereum Virtual Machine (EVM) Layer 1 blockchain on SKALE without sacrificing security or decentralization. While these chains do not share performance, they do share security across validator sets. Each validator node can run concurrently on eight chains, and nodes are randomly assigned and rotated to optimize collusion resistance. SKALE uses a proof-of-stake (PoS) consensus model to secure the network. The network’s chain payment mechanism enables developers to pay for resources upfront through a subscription-based model, allowing them to avoid unpredictable gas fees. For users, this translates into a seamless, gas-free experience with instant transaction finality and the ability to interact with dApps at scale without cost or performance bottlenecks.
SKALE is purpose-built to support high-performance decentralized applications that demand seamless, invisible blockchain experiences. Its unique architecture, offering zero gas fees, instant finality, and high throughput, makes it ideal for applications in gaming, AI, and other computationally intensive sectors. Blockchain-based games can leverage SKALE’s infrastructure to deliver real-time, immersive experiences without latency or transaction costs, creating environments where players can interact seamlessly. Similarly, AI and machine learning applications can operate directly on-chain, utilizing SKALE’s scalability to handle complex computations and data processing efficiently. Beyond gaming and AI, SKALE is tailored for dApps requiring fast, frictionless interactions, empowering developers to build user-centric solutions that rival traditional centralized platforms while maintaining the decentralization and security of blockchain technology.
Stan Kladko and Jack O’Holleran co-founded SKALE in 2018, after working on decentralized applications and facing scalability challenges that hindered user experience. Stan conceptualized the SKALE architecture to address these issues, and together they saw an opportunity to create a high-throughput layer to complement Ethereum, enabling dApps to overcome scaling bottlenecks. Backed by investors like Signia Ventures, Floodgate, Winkelvoss Ventures, and Multicoin Capital, SKALE embarked on its mission to transform blockchain scalability.
After two and a half years of development, SKALE launched its mainnet in three phases starting in June 2020. The phased rollout included the first public use of ConsenSys Codefi’s Activate platform, requiring participants in the SKL token sale to stake their tokens before transferring them. By the final mainnet phase in December 2020, SKALE supported staking and delegation with over 46 validator organizations.
We update our SKALE to USD currency in real-time. Get the live price of SKALE on Coinbase.
The current market cap of SKALE is $229.70M. A high market cap implies that the asset is highly valued by the market.
The all-time high of SKALE is $1.38. This all-time high is highest price paid for SKALE since it was launched.
Over the last 24 hours, the trading volume of SKALE is $30.07M.
Assets that have a similar market cap to SKALE include SushiSwap, Ankr, OriginTrail, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of SKALE is 5.8 billion.
The median time that Coinbase customers hold SKALE before selling it or sending it to another account or address is 119 days.
SKALE ranks 72 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 79% of Coinbase users are buying SKALE. In other words, 79% of Coinbase customers have increased their net position in SKALE over the past 24 hours through trading.
Yes, SKALE is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy SKALE guide.
Date | Price | Change |
---|---|---|
Today (February 9, 2025) | $0.0398 | +7.00% |
24 hours ago (February 8, 2025) | $0.0372 | +7.13% |
1 week ago (February 2, 2025) | $0.0489 | -18.53% |
1 month ago (January 9, 2025) | $0.0443 | -10.61% |
1 year ago | $0.0791 | -50.41% |
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
253 unique individuals are talking about SKALE and it is ranked #621 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, SKALE has an average sentiment score of 3.7 out of 5. Finally, SKALE is becoming more newsworthy, with 0 news articles published about SKALE. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about SKALE. There were 43.82% of tweets with bullish sentiment compared to 9.84% of tweets with a bearish sentiment about SKALE. 46.35% of tweets were neutral about SKALE. These sentiments are based on 672 tweets.
On Reddit, SKALE was mentioned in 0 Reddit posts and there were 0 comments about SKALE. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
Contributors
253 people
Posts
751 posts
Dominance
0.05%
Volume rank
#621
Average Sentiment
3.7 out of 5
Tweet Count
672 people
Sentiment
43.82%
Bullish
46.35%
Neutral
9.84%
Bearish
Coinbase
How to Buy SKALE
Good news! You can buy SKALE on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy SKALE.
Read more
Coinbase
How to Stake SKALE
You can earn rewards for SKALE through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.