

SKALE (SKL) is an open-source Web3 platform designed to bring speed and configurability to blockchains. Since its inception in 2020, SKALE Network has established itself as a key infrastructure project within the Web3 ecosystem. As of December 18, 2025, SKL maintains a market capitalization of approximately $62.52 million with a circulating supply of around 6.06 billion tokens, trading at $0.01029 per token. This infrastructure asset, recognized for enabling scalable and configurable blockchain solutions, plays an increasingly critical role in supporting decentralized applications and Web3 development.
This article will provide a comprehensive analysis of SKL's price movements from 2025 through 2030, integrating historical price patterns, market supply dynamics, ecosystem development, and macroeconomic factors to deliver professional price forecasts and practical investment strategies for market participants.
2021: SKALE Network token listing and early adoption phase. SKL reached its all-time high (ATH) of $1.22 on March 12, 2021, marking the peak of initial market enthusiasm following the platform's launch.
2021-2025: Extended bear market period. SKL experienced significant depreciation over the subsequent four years, with the token declining substantially from its peak valuations as the broader cryptocurrency market cycled through various phases.
2025: Continued downward pressure. SKL reached new lows, with the all-time low (ATL) of $0.01018707 recorded on December 18, 2025, representing an 82.8% decline over the one-year period.
As of December 18, 2025, SKL is trading at $0.01029 with the following market characteristics:
Price Performance Metrics:
Market Capitalization & Supply Data:
Trading Activity:
Price Range (24-hour):
Click to view current SKL market price

2025-12-18 Fear and Greed Index: 17 (Extreme Fear)
Click to view the current Fear & Greed Index
The cryptocurrency market is experiencing extreme fear as the Fear and Greed Index plummets to 17. This severe sentiment indicates widespread panic and bearish pressure among investors. During such periods, market volatility typically increases while confidence diminishes significantly. Traders should exercise caution and implement proper risk management strategies. However, historically, extreme fear can present contrarian opportunities for long-term investors with strong conviction. Monitor key support levels closely and consider your risk tolerance before making any trading decisions in this highly uncertain environment.

The address holdings distribution chart illustrates the concentration pattern of SKL tokens across blockchain addresses, revealing the degree of token centralization and potential market concentration risks. By analyzing the top token holders and their proportional stakes, this metric provides critical insights into the decentralization level and market structure of the SKL ecosystem.
Based on the current data, SKL demonstrates a relatively moderate concentration profile. The top five addresses collectively control approximately 21.62% of the total token supply, with the largest holder (0xf977...41acec) commanding 8.74% of all circulating tokens. While this concentration level is notable, it remains below critical thresholds that would indicate severe centralization concerns. The fact that 78.38% of tokens are distributed among remaining addresses suggests a reasonably dispersed holder base, which is generally favorable for long-term ecosystem health and price stability.
However, the distribution pattern warrants careful monitoring regarding potential market dynamics. The top holder's substantial 8.74% stake represents significant liquidation risk should the address execute large sell-orders, potentially triggering downward price pressure. Additionally, coordinated movements among the top five holders could theoretically influence short-term price volatility. That said, the absence of extreme concentration (where a single entity controls over 20-30%) and the substantial "Others" category indicate that SKL maintains a relatively healthy decentralization structure. This distribution suggests that while institutional or major stakeholders hold meaningful positions, the token ecosystem retains sufficient dispersal to mitigate unilateral market manipulation risks.
View the current SKL holdings distribution on Gate.com

| Top | Address | Holding Qty | Holding (%) |
|---|---|---|---|
| 1 | 0xf977...41acec | 522314.92K | 8.74% |
| 2 | 0x76ec...78fbd3 | 196397.65K | 3.28% |
| 3 | 0x905d...3ae38f | 196065.23K | 3.28% |
| 4 | 0xf78f...6dac61 | 189269.85K | 3.16% |
| 5 | 0x2a42...4bab90 | 189164.57K | 3.16% |
| - | Others | 4679930.46K | 78.38% |
Government Policy Impact: Government cryptocurrency policies and regulatory frameworks directly impact market acceptance and investor confidence in SKL. Regulatory clarity or restrictions can significantly influence price movements and market adoption rates.
Market Acceptance: The regulatory environment determines the degree of institutional and retail adoption, which in turn affects demand dynamics for the token.
Investor Sentiment: Investor emotions and confidence have a direct impact on SKL/USD price movements. Market sentiment reflects the collective psychology of market participants and drives short-term price volatility.
Cryptocurrency Market Correlation: SKL's price trend is influenced by broader cryptocurrency market movements. As with other digital assets, SKL exhibits correlation with the overall crypto market dynamics, meaning Bitcoin and Ethereum price movements often influence alt-coin performance.
Volatility Considerations: Given the inherent volatility of cryptocurrency markets, SKL price predictions tend to be speculative in nature. Price forecasting requires careful consideration of market conditions and sentiment shifts.
| 年份 | 预测最高价 | 预测平均价格 | 预测最低价 | 涨跌幅 |
|---|---|---|---|---|
| 2025 | 0.0123 | 0.01034 | 0.00982 | 0 |
| 2026 | 0.01596 | 0.01132 | 0.00928 | 10 |
| 2027 | 0.02006 | 0.01364 | 0.01228 | 32 |
| 2028 | 0.02308 | 0.01685 | 0.01449 | 63 |
| 2029 | 0.02236 | 0.01997 | 0.01478 | 94 |
| 2030 | 0.02963 | 0.02116 | 0.01249 | 105 |
SKALE Network is an open-source Web3 platform designed to bring speed and configurability to blockchains. As a project of the NODE Foundation (Liechtenstein Foundation), SKALE aims to promote Web3 technology development and make the decentralized web more accessible to users, developers, validators, and end-users. SKALE Labs, headquartered in San Francisco, California, serves as the core team responsible for creating technical specifications, developing code, and enhancing network adoption.
| Metric | Value |
|---|---|
| Current Price | $0.01029 |
| Market Cap | $62,377,321.48 |
| Fully Diluted Valuation | $62,522,040 |
| Circulating Supply | 6,061,936,004 SKL |
| Total Supply | 6,076,000,000 SKL |
| Max Supply | 7,000,000,000 SKL |
| Market Rank | #440 |
| 24H Volume | $75,517.12 |
| Token Holders | 30,281 |
| Period | Change | Price Movement |
|---|---|---|
| 1 Hour | -0.19% | -$0.000019588 |
| 24 Hours | -3.83% | -$0.000409802 |
| 7 Days | -16.31% | -$0.002005376 |
| 30 Days | -31.86% | -$0.004811262 |
| 1 Year | -82.80% | -$0.049535581 |
All-Time High: $1.22 (March 12, 2021)
All-Time Low: $0.01018707 (December 18, 2025)
Market Dominance: 0.002%
SKALE Network operates as a modular blockchain platform enabling developers to create custom, scalable blockchain networks. The platform emphasizes:
NODE Foundation serves as the governance entity overseeing SKALE Network's strategic direction and development priorities.
SKALE Labs functions as the primary development team, responsible for:
Circulation Status:
Tokenomics Implications:
SKL has experienced significant bearish pressure over extended timeframes:
Short-term Weakness:
Long-term Deterioration:
Trading Activity:
Liquidity Assessment:
Fundamental Ratios:
Target Investors:
Operational Recommendations:
Accumulation Approach: Consider dollar-cost averaging (DCA) during extended bearish periods to reduce average entry cost. Current all-time low pricing may present long-term accumulation opportunities for conviction investors.
Research-Driven Allocation: Conduct thorough technical and fundamental due diligence before deploying capital. Monitor SKALE Labs development milestones, network validator growth, and ecosystem application deployment.
Storage and Security: Maintain SKL tokens in secure custody appropriate to your asset size and technical proficiency level.
Technical Analysis Considerations:
Support and Resistance Levels: Monitor key price levels including the current all-time low ($0.01018707) as potential support. Resistance emerges near 24-hour highs ($0.01083).
Trend Confirmation Tools: Utilize volume analysis to confirm directional moves. Current moderate volume requires careful position sizing and stop-loss discipline.
Swing Trading Considerations:
Volatility Assessment: 24-hour price range of approximately 6.7% suggests limited intraday swing opportunities. Extended timeframe swings (weekly/monthly) may offer improved risk-reward ratios.
Risk-Reward Positioning: Current bearish momentum requires strict adherence to predetermined stop-loss levels, typically 2-3% below entry points for short-term positions.
Given SKL's high-risk profile (market rank #440, significant drawdown from ATH):
Conservative Investors: 0.5% - 2% portfolio allocation
Aggressive Investors: 2% - 5% portfolio allocation
Professional Investors: 1% - 3% portfolio allocation
Position Sizing Discipline:
Stop-Loss Implementation:
Custody Options:
Gate Web3 wallet Integration: Gate.com offers integrated Web3 wallet functionality for convenient SKL management. Users can maintain direct custody while accessing Gate.com's trading and liquidity infrastructure. This approach balances security with operational convenience.
Self-Custody Approach: For larger holdings, consider self-managed wallets where you control private keys, reducing counterparty risk associated with exchange custody.
Security Precautions:
Severe Valuation Decline:
Limited Trading Volume:
Competitive Pressure:
Classification Uncertainty:
Compliance Requirements:
Market Access Restrictions:
Smart Contract Vulnerabilities:
Adoption Rate Limitations:
Ecosystem Development Challenges:
SKALE Network represents a speculative infrastructure play targeting the Web3 scaling trilemma. While the project's underlying technology addresses legitimate blockchain scalability challenges, the current market environment reflects pronounced skepticism regarding execution and competitive positioning.
Positive Considerations:
Significant Concerns:
The project appears better positioned as a long-term speculative allocation for conviction investors rather than a near-term trading opportunity. Current all-time low pricing may represent extreme capitulation, but does not guarantee reversal without substantial positive catalysts.
✅ Beginners:
✅ Experienced Investors:
✅ Institutional Investors:
Exchange Trading (Primary Method):
Long-Term Custody:
Risk Management Tools:
Cryptocurrency investment carries extreme risk. This report does not constitute investment advice. All investors should conduct independent research and consult qualified financial advisors before making investment decisions. Never invest more capital than you can afford to lose completely. Past performance does not guarantee future results. Market conditions, regulatory developments, and technical factors can change rapidly, significantly impacting cryptocurrency valuations.
Yes, SKALE has the potential to reach $1. Based on current market trends and technological development, SKL could potentially climb past $1 by 2030. However, specific timelines may vary depending on market conditions.
Yes. SKALE has strong long-term potential driven by its Layer 2 scaling solution and growing ecosystem adoption. Projections show SKL reaching $0.059204 by 2027 with steady growth, supported by increasing demand for Ethereum scaling infrastructure and enterprise partnerships.
SKALE shows strong potential as a layer-2 scaling solution. With growing adoption and ecosystem development, SKL presents attractive opportunities for investors seeking exposure to blockchain infrastructure. Consider your risk tolerance and investment horizon before deciding.
Yes, with sustained adoption and platform evolution, Sky Coin could realistically reach $1 by 2029. Token scarcity and growing ecosystem development support this potential milestone.











