SKL (SKALE) rose 10.22% in the last 24 hours.

Gate News Bot message, on September 28, according to CoinMarketCap data, as of the time of writing, SKL (SKALE) is currently priced at $0.03, having risen 10.22% in the last 24 hours, reaching a high of $0.03 and a low of $0.02. The current market capitalization is approximately $150 million, an increase of $13,900 compared to yesterday.

SKALE is a gasless, high-speed blockchain network optimized for gaming, AI, and DeFi applications. As a decentralized open-source platform, SKALE combines speed, scalability, and security, providing developers with the ability to deploy dedicated or shared chains, allowing dApps to operate without gas fees and avoiding bottlenecks. SKALE is natively integrated with Ethereum, enhancing security and reliability, and bringing shared benefits to both networks.

Important news about SKL recently:

1️⃣ Market sentiment turns positive, SKL price breaks resistance level The native token SKL of the SKALE network has recently shown strong price momentum, breaking through the important resistance level of $0.03. This breakthrough reflects increased market confidence in the SKALE ecosystem, with investors holding an optimistic view on its application prospects in the fields of gaming, AI, and DeFi.

2️⃣ SKALE and Google collaboration rumors drive price pump There are rumors circulating in the market that the SKALE network may collaborate with Google, and this potential high-profile partnership has attracted the attention of investors. Although there has not yet been official confirmation, this rumor remains one of the important factors driving the rise in SKL prices.

3️⃣ Technical indicators show a rising trend formation From a technical perspective, the price trend of SKL has formed a clear rising channel. Multiple technical indicators, such as moving averages and the relative strength index (RSI), are showing positive signals, which further supports SKL's short-term price performance.

In addition, the continuous development of the SKALE network in the field of decentralized applications, particularly its advantages in terms of no gas fees and high performance, also supports its long-term value. However, investors still need to closely monitor the overall trends of the cryptocurrency market, as well as the specific progress of the SKALE network in the highly competitive blockchain space.

This message is not intended as investment advice; investors should be aware of market volatility risks.