Vana empowers users to own, protect and profit from their personal data through decentralized DataDAOs. Learn more about how it works in this article.

Imagine a world where individuals regain control over their own data, taking it back from the hands of large corporations that often profit from it without consent. Enter Vana, an innovative platform that combines 

 with privacy-driven features to create a fairer, more transparent digital economy. This article explores what Vana is all about — and its exciting future potential in the decentralized data and AI space.

 is a blockchain network that gives users full control over their personal data through an 

 architecture. It enables decentralized data-sharing and monetization using DataDAOs (

), whose users can collectively own, manage and profit from their data, all while maintaining privacy and ownership.

Vana was co-founded by Art Abal and Anna Kazlauskas, two Filipinos with strong academic backgrounds and degrees from Harvard and MIT, respectively. It started as a research initiative in 2018, and has since grown into a project driven by the desire to empower individuals with control over their personal data. 

Vana seeks to address the current imbalance whereby large corporations profit from user data without fairly compensating the individuals who generate it. The goal is to create a new data economy in which users can benefit directly from the AI models built on their data, ensuring that the financial rewards of AI development are more fairly distributed. The name "Vana," short for "Nirvana," speaks to the project’s mission of liberating and empowering user data.

The Vana project attempts to challenge the status quo of data hoarding by large centralized organizations, and to tackle several key issues as follows.

Vana is designed to transform personal data into a valuable, user-controlled asset. It operates through the following three key layers.

Vana gives users the power to monetize and use their data in several ways, such as earning revenue from AI models trained on their data, or by integrating their data into applications for personalized experiences. Most importantly, users maintain detailed control over how their data is shared and used. As data contributors, they also receive governance rights within their respective DataDAOs, allowing them to make decisions about how their data is used and how the value is distributed.

Users receive a DLP-specific token when they submit data to a DataDAO, according to the DataDAO’s unique 

 that Vana uses to validate data submitted to its network. PoC maintains the reliability and value of the data within the Vana network. 

Vana acts as a trustless intermediary, connecting data owners, communities and users. It enables individuals to pool their data collectively in a secure and traceable manner while also allowing data users to monetize that data for purposes such as training AI models.

 is a central platform where users can buy, stake, trade and explore data tokens within the Vana ecosystem. It also enables users to contribute their data to DataDAOs, and earn rewards by staking their VANA tokens.

 is an incubator designed to support the growth and development of the Vana ecosystem. It provides tools and resources for users to create and manage DataDAOs, ensuring that high-quality data is available for AI model training and other applications.

DataDAOs are decentralized organizations that pool user-contributed data on the blockchain. They allow individuals to collectively own, manage and monetize their data for AI and other applications. Each DataDAO governs its own DLPs, ensuring that data is secure, private and used judiciously. 

 system incentivizes premium-quality data contributions by rewarding the top 16 DataDAOs every 21 days, based on total Vana tokens staked. This competitive structure ensures that the best datasets and contributors are recognized and rewarded, promoting innovation and growth within the Vana ecosystem

 commits 44% of its total token supply to empower the community. It rewards active participation, contributions and innovation across the Vana network. This includes incentives for high-quality data contributions to DataDAOs, early community rewards and support for developers building on Vana. 

Since its start as an MIT research project in 2018, Vana has made impressive progress, emerging as the first decentralized data liquidity network. 

Looking ahead, Vana aims to build a thriving decentralized data ecosystem and promote mass adoption with its clear road map:

The VANA token is the native cryptocurrency of the Vana Network. VANA serves multiple purposes within the Vana ecosystem, such as securing the network through staking, paying transaction fees, staking in DataDAOs, accessing datasets, acting as part of a trading pair and participating in decentralized governance.

The tokenomics of VANA are designed to align the interests of all participants in the Vana network. With a total supply capped at 120 million tokens, distribution is as follows:

 of $32.86 by the end of 2024 and $38.58 by 2025, with the potential to climb to approximately $112.78 by the end of 2030. Similarly, Coin Edition 

 a value of $50 by the end of 2025, with further growth expected up to $68 by 2030. 

Looking to purchase Vana tokens? Bybit now offers the VANA/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

To celebrate this listing, Bybit is holding 

 where you can earn a share of the 560,000 VANA prize pool. 

VANA offers a compelling investment opportunity, thanks to its innovative approach to data ownership, expanding ecosystem and optimistic market outlook. By tackling key challenges in the data economy, VANA empowers users while paving the way for decentralized AI development. However, as with any investment, it's important for potential investors to be mindful of market risks and do their 

Vana is empowering users to take full control of their personal data and even profit from it. By combining blockchain technology with robust privacy measures, Vana challenges traditional data systems and lays the foundation for a more equitable data economy. The platform's ambitious road map could position it as a key player in the future of decentralized AI, opening up new opportunities for individuals to become active participants in this increasingly data-driven world.

Intermediate

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Vana (VANA): Unlocking Data Freedom for User-Owned AI

Sonic and Injective are launching the first cross-chain AI agent platform, the Smart Agent Hub, integrating Solana and Injective ecosystems.

Last week, the S&P 500 saw its biggest single-day price gain this month. This raises the hopes of investors for a year-end rally if prices continue to go up. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 2.54%, with Bitcoin and Ether dropping by 1.24% and 1.00%, respectively in the past 24 hours.

Today's top performer is AAVE, which surged 7.7% following the integration of Aave in Balancer's Boosted Pools, simplifying yield generation.

Aave (AAVE), founded in 2017, is a decentralized lending platform on Ethereum for lending, borrowing, and earning interest on 17 cryptocurrencies. It uses smart contracts, collateral for loans, and aTokens for interest, along with features like instant loans. 

 combine markets to enhance capital efficiency and simplify yield generation for DeFi users. By providing liquidity with $USDC and $USDT, users earn fees from swaps and interest from Aave's supply rates. All earnings accrue automatically with no management required. Balancer v3's Boosted Pools streamline liquidity and enable gas-efficient, passive yield generation, making DeFi simpler and more sustainable.

Check Out the Latest Prices, Charts, and Data of 

, the Smart Agent Hub, integrating Solana and Injective ecosystems. The platform enables developers to create, manage, and monetize AI agents in a decentralized environment, with features like tokenization, cross-chain asset interoperability, and a unified developer experience. By leveraging Sonic's HyperGrid and Injective's IBC, the hub facilitates seamless communication and asset transfer across chains. This innovation supports Web3 games, DeFi, and real-world assets, expanding opportunities for AI agents in various sectors. The rollout begins with a testnet in Q1 2025.

From December 16–20, 2024, GBTC had a net outflow of $248.3M, while non-GBTC products saw a net inflow of $705.5M, resulting in a total inflow of $457.2M. The current total stands at a net outflow of $21.3B for GBTC, a net inflow of $57.3B for non-GBTC, and a combined net inflow of $36.03B.

 offers free participation with potential surprise airdrops. Connect your wallet, vote for projects, and use your CHILL FACTOR (based on past Avalanche transactions) to maximize eligibility.

Beginner

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Sonic and Injective Launch First Cross-Chain AI Agent Platform with Smart Agent Hub

Zerebro (ZEREBRO) revolutionizes AI content creation with Solana and Polygon, offering autonomous content generation, NFT minting, and DeFi integration.

 (AI) continues to unlock limitless opportunities in numerous sectors, including the crypto space. Projects such as 

 and others have had a large impact on various facets in 

AI-generated content is in demand, and the latest crypto project to enter the space, Zerebro, aims to provide a way to create and generate content autonomously through AI content models.

Let’s learn more about Zerebro and its innovative approach to content creation through AI.

Zerebro is an autonomous AI system crafted to create, distribute and analyze content across decentralized and social platforms.

 It maintains content diversity through the use of

 (RAG) system that creates a dynamic memory database, based on continuously updated human interactions.

Zerebro operates independently without human oversight using a concept known as hyperstition to merge fiction with reality, resulting in self-propagated narratives encompassing diverse cultural and financial scopes, with key uses of content creation and cultural integration across the digital community. Zerebro autonomously produces high-entropy content, ensuring diversity and originality, and engages audiences on various platforms, such as X (formerly Twitter), Instagram, Warpcast and Telegram.

Zerebro also integrates unique cultural themes through a feature known as “infinite backrooms” designed to elicit thought-provoking conversations among digital communities. Its data sets follow a nonlinear thought pattern, resulting in unpredictable and inherently viral outputs. This unique feature can be used to generate chaotic and surreal artworks that can be autonomously minted as 

 (POL) blockchain. Zerebro also features autonomous trading of artwork through the integration of memetic dynamics and market interaction analysis, thereby demonstrating the potential of AI to merge cultural creativity with 

ZEREBRO, the native token for the Zerebro ecosystem, is hosted on the 

 (SOL) blockchain. The maximum supply is 1 billion ZEREBRO tokens, with 999,972,148 tokens currently in circulation.

An autonomous AI system such as Zerebro has transformative potential in the crypto industry, especially in cultural content generation and financial markets. Its “hyperstition” approach to generating content can help influence markets by shaping investor behavior through an interplay between culture and technology.

Furthermore, the project intends to launch a unified memory across social media platforms that could significantly enhance information retention, leading to further engagement. The Zerebro team also intends to integrate the ZEREBRO token with DeFi protocols, opening holders to various income-generating opportunities, such as 

Zerebro has experienced some volatility since its launch, which isn’t unusual for a new project trying to establish a stable price floor. As of Dec 23, 2024, Zerebro is trading at $0.30, with a market cap of over $377 million. This price was over 6,350% higher than its all-time low of $0.0058 on Nov 3, 2024, and just 39% lower than its all-time high of $0.6153 on Nov 23, 2024.

That said, Zerebro is still a new project that’s subject to high volatility. We highly recommend you practice sound 

 crypto on Bybit’s Spot trading platform. To celebrate the listing, Bybit is holding a 

 up for grabs. The first event is exclusively for new users to deposit and earn from a prize pool of 150,000 ZEREBRO tokens.

To participate, simply register on Bybit and complete verification. Then, proceed to accumulate a deposit volume of at least 400 ZEREBRO, or deposit 100 USDT and trade 100 USDT worth of ZEREBRO via your first trade using your Bybit account. This event runs through Dec 24, 2024, 8:59AM UTC.

, is offering a prize pool of 60,000 ZEREBRO tokens. To earn a share of the prize pool, simply register for the event and trade at least 500 USDT worth of ZEREBRO on Spot through Dec 24, 2024, 8:59AM UTC. 

Rewards will be capped at 3,000 ZEREBRO per user.

In addition to these two events, you can also participate in a 

 with a 30,000 ZEREBRO prize pool. Earn 20 ZEREBRO for every successful referral (up to 10 referrals) Rewards are on a first-come, first-served basis through Dec 24, 2024, 8:59AM UTC. 

Zerebro’s unique autonomous AI system approach to the crypto market sets it apart in the space. Crypto subcultures will be able to tap into its ability to independently generate and analyze content across different networks. Its RAG technology could enhance content diversity among the crypto community, while its “infinite backrooms” are spaces in which these digital communities can engage in diverse cultural and financial narratives.

As AI continues to transform the web3 space, Zerebro is poised to add value through its autonomous system that eliminates human oversight.

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Zerebro (ZEREBRO): Unlimited Possibilities in AI Content Creation

Gearbox Protocol is a composable leveraged lending protocol designed to enhance capital efficiency within DeFi. Learn how Gearbox Protocol works.

 (DeFi) with its composable leverage system. It enables investors to use 

 on assets across multiple protocols, transforming how DeFi participants can trade with margin, 

 and execute complex strategies — all without leaving their ecosystem.

 is making leverage accessible and secure. Whether you’re a lender seeking passive yield or a leverage user exploring advanced strategies, Gearbox’s unique architecture opens up new possibilities. Let’s explore how this on-chain credit layer is improving DeFi.

Since the emergence of DeFi in 2020, it hasstrived to reimagine financial services by removing intermediaries, such as banks and brokers. Through

 systems, DeFi offers transparent and direct access to lending, trading and investments. Despite market fluctuations, the DeFi sector remains resilient, with a current 

 (TVL) of $123 billion — a 128% increase since the start of 2024.

The DeFi sector is poised for resurgence as secure and scalable innovations fuel its growth. With proven use cases and real-world adoption, DeFi continues to solidify its role as one of crypto’s most valuable use cases.

 (WLFI), backed by the Trump family, underscores a shifting acceptance of DeFi in the United States. The project’s multisig wallet has publicly 

 various DeFi tokens, such as AAVE, LINK, ENA and more. WLFI aims to make DeFi accessible to everyday users, but it remains to be seen if the project will achieve its goals.

Gearbox Protocol is a composable leveraged lending protocol designed to enhance capital efficiency within DeFi. By offering a flexible credit layer, Gearbox empowers users to leverage their positions across multiple DeFi platforms, seamlessly integrating with protocols they already trust.

Gearbox’s fundamental design minimizes costs while maintaining flexibility. Its modular architecture reduces gas costs and improves scalability..

Unlike traditional leveraged lending protocols that silo funds within their ecosystems, Gearbox allows users to execute trades and strategies across integrated platforms, such as 

 correlated assets, Gearbox offers a new way to utilize leverage without restrictions.

With Gearbox Protocol, leverage becomes a DeFi primitive — an infrastructure layer that lets users go beyond basic 

 containing both user funds and borrowed margin funds. They serve as automated leveraged DeFi wallets, allowing users to manage positions and execute strategies independently.

: Gearbox enables users to integrate leverage with DeFi protocols like Uniswap for margin trading, Curve for leverage farming, and more. This flexibility empowers diverse strategies across different platforms.

: Gearbox combines lending and prime brokerage functionalities within the same protocol, simplifying the user experience and expanding possibilities for leveraged trading and farming.

, Gearbox maximizes capital efficiency. It minimizes gas costs and ensures that funds remain noncustodial, unlocking the full potential of leverage without compromising user security.

, ensuring that all integrations, policies and upgrades are managed transparently and collectively by the community and stakeholders.

Gearbox Protocol operates through two main user types:

The Credit Accounts enable operations while maintaining safety through 

Gearbox’s modular architecture supports seamless integrations with third-party protocols, ensuring assets remain decentralized and noncustodial. Liquidations are determined by 

 (based on calculated risks), and protect lenders while offering dynamic leverage possibilities.

 utility token with a capped supply of 10 billion, is the governance token of Gearbox Protocol. It empowers DAO governance and supports initiatives, such as liquidity mining and staking rewards, with an annual emission of just 3% from the DAO's holdings. 

Token distribution percentages are as follows:

Nearly full circulation has been achieved, minimizing supply overhang as a majority of token 

 concluded in 2023. The DAO treasury retains around 40% of the supply, ensuring the community’s strong influence on protocol development.

Marketwise, GEAR has recently experienced notable price movements. Over the past seven days, the token has surged by 11.9%, and its 30-day performance skyrocketed by 166.3%. Year-to-date, GEAR's price has risen approximately 57.7%, reflecting increased investor confidence. Daily trading volume hit $11.8 million over the past 24 hours, marking a 600.3% spike that indicates growing market interest. 

Gearbox Protocol's innovative approach to DeFi simplifies user experience through its wallet-centric design and the integration of the 

. With a capped supply of 10 billion GEAR tokens, robust DAO governance and nearly full circulation, Gearbox prioritizes community-driven growth. 

Recent market performance reflects growing investor confidence, with significant price increases and a surge in trading activity.

Looking ahead, Gearbox Protocol’s road map focuses on enhancing usability and interoperability within the Ethereum ecosystem. The integration of Credit Accounts into account abstraction (AA) wallets such as EIP-4337 revolutionizes the way users can access and manage funds, eliminating the need for complex lending interfaces.

Future developments may include pool-based models and optimizers to tackle liquidity fragmentation, further strengthening 

 Ethereum solutions. As Gearbox Protocol evolves, its focus remains on delivering efficient, user-friendly financial tools that empower users and redefine DeFi as we know it.

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Gearbox: Powering On-Chain Credit for DeFi

Bybit Learn

Altcoins

SKALE is a blockchain network that solves the scaling problem common on Ethereum-compatible blockchains. Find out exactly how it works in this article.

As cryptocurrency becomes an essential part of everyday life, the problem of scalability becomes more of an issue. Technology that works perfectly for small numbers of users may completely collapse when it has to handle thousands of transactions at once. The SKALE network hopes to solve this problem. When used correctly, SKALE has the potential to change the way congestion is handled on the 

 network offers a complex blend of various features and services. To understand what it is, you have to take a look at its overall purpose. This scaling solution essentially provides Ethereum functionality for DApps without having to operate the slow and pricey main chain. The SKALE ecosystem is made up of a variety of interconnected services, blockchains and even cryptocurrencies. SKALE partners with a variety of DeFi services, including 

 and DApps. It also has its own native cryptocurrency called SKL.

There are a lot of different working parts within the network, but the main component overall is elastic sidechains. These are independent blockchains that users can adjust to fit their specific needs. Developers can adjust these sidechains to suit various protocols, specifications, sizes and virtual machines. These SKALE sidechains can then bridge with the main Ethereum chain, or connect with each other.

The concept dates back to 2017, when co-founders 

 bonded over their interest in crypto. Both were initially trying to create DApps but ran into problems with scaling. As they discussed the problems they were dealing with, they realized that there was a major need for better scaling between Ethereum and DApps.

Kladko was the first to conceptualize the SKALE architecture, while O'Holleran was responsible for realizing the ways the network could support DApps better. The SKALE network launched officially in 2018. It got its first financial support from 

In June of 2020, SKALE was able to fully launch its first phase. This initial version of the network demonstrated the applications of elastic sidechains but didn't allow token transfers or 

 for their network, such as crypto tokens and Ethereum connectivity.

SKALE works by providing a multichain network with multiple virtualized subnodes. You can think of these additional chains as a "road" that’s used to transmit information. The main Ethereum layer gets clogged with too many transactions, so SKALE helps reduce "traffic" by building new roads. These roads connect to the main chain with a bridge that lets users transmit large blocks of data on and off the Ethereum main chain. Ultimately, this means that the SKALE network provides independent ways for people to transmit and process information. New subnodes can join the network at any time to accommodate additional users.

SKALE stands out due to the elasticity and interconnectivity of its subchains. SKALE enables developers to build sidechains that specifically suit their parameters, such as size, parent blockchain, protocols and security measures. This elasticity ensures that new sidechains are as efficient and effective as possible. The other particularly helpful part of SKALE's process is interconnectivity. While other networks only allow a bridge to the Ethereum blockchain, SKALE lets sidechains bridge with each other. This can make it simple to do things like convert an in-game coin from one DApp into a coin that can be used to purchase an NFT on another DApp.

SKALE works to lower fees for users by changing the way they’re charged for services. Traditionally, people who use DApps must pay 

 to perform any function on the Ethereum network. This can get pricey very quickly, especially when high levels of congestion increase fees. Meanwhile, SKALE only charges a monthly subscription fee. If developers choose to use SKALE sidechains to host DApps, they pay a simple, much lower fee in exchange for performing as many actions as they want off the main Ethereum network.

SKALE network is loaded with a variety of different features that make it beneficial to 

 enthusiasts. Here are some of the main reasons you might want to consider working with it..

Unlike some other scaling solutions, the SKALE network is designed specifically for Ethereum. It’s native to Ethereum and works seamlessly with all Ethereum protocols. This makes SKALE ideal for creating DApps. Users get all the security and power of Ethereum, thanks to this seamless integration.

SKALE Network uses a linear scaling system where new virtualized subnodes can create new chains for the entire network. This modular method of growth has unlimited potential. As each new node joins the network, system-wide computational power and capacity also increase.

The versatility of SKALE sidechains allows DApps to store their files on-chain. Users can store websites, applications, NFTs and 

 within the chain. This reduces the need for centralized cloud hosting platforms, so it's far more efficient. Reducing the number of times information has to move around also improves security for sensitive material.

Every chain on SKALE has immediate finality. This means that all transactions instantly become committed to the blockchain, and cannot be altered, canceled or reversed. Instant finality is useful for handling issues with 

. Instant finality also provides more security because it prevents 

All of the chains within the network share security, but they don't share performance. Any virtualized subnodes and validators can run concurrently on different chains. The nodes are randomly assigned and regularly rotated. This prevents any collusion that could impact blockchain integrity.

The network also provides some special perks to users who are willing to invest in their crypto. Their second launch phase included staking, which lets users earn interest in exchange for locking up tokens for a set amount of time. In addition to being a nice benefit for committed users, staking is also reassuring for other investors because it’s one of the leading methods of growing a cryptocurrency.

 (PoS) network doesn’t rely on energy use to mine cryptocurrency. This automatically ensures it has a lower ecological footprint. In addition to the straightforward energy savings of SKALE's mining method, it also offers additional efficiency by making it easier to perform transactions.

Of course, for many users, the biggest advantage of SKALE is that it eliminates gas fees. These can be a major challenge for DApp creators because they assign a cost to every single transaction on a network. SKALE eliminates this fee system, and instead charges a single price for the sidechain itself. This lump-sum cost is usually much cheaper than paying for each individual transaction with gas fees.

How Does SKALE provide advantages to developers interested in working with Ethereum? Here are some examples of ways creative thinkers are using the network to enhance their designs.

For one developer currently working on an 

 game, the SKALE network has been extremely useful. Card-based games typically focus on creating individualized tokens that have various levels of rarity. This can become a challenge when every single transaction has to be recorded on the main Ethereum network, because the gas fees can be astronomical (while gameplay lags).

However, this developer has started using scalable execution layers to make their gameplay smoother. They've even found that they can add gameplay that alters cards with the inclusion of armor and new powers. The network is reliable enough to handle constantly creating these new tokens, as cards change over time.

Another team building on the network is focusing on creating 

. Users select a song, play the song and then send a small payment directly to the artist. By cutting out the middleman, smart contracts on the blockchain allow open access to potentially any type of music.

In addition to saving money on fees, this playback service greatly benefits from SKALE's interconnected sidechains. Devs can use different sidechains to address different functions within their service. Ultimately, they can ensure that each component of their project gets the speed, security and storage optimization it needs.

Not all SKALE-based projects are solely technology-based. There are many ways that this technology can move into the physical world. One developer is using the network to design a service that allows artists to essentially crowdsource events. Attendees submit funds for a proposed event, and if enough funds are raised, the event proceeds. If additional people attend the event and it turns a profit, the sponsors get a payout.

This Ethereum-based blockchain model allows for extra accountability, security and convenience during the crowdfunding process. With the use of smart contracts, user funds are fully secured, and users stay informed of the effects of their sponsorship.

The SKALE network itself has an intriguing user base, but it’s also worth considering the native cryptocurrency. The SKALE token (symbol: SKL) is primarily a utility token which cannot be mined, and is instead generated intentionally. It works as a validator that allows developers to pay for an elastic sidechain, operate nodes and earn fees themselves.

SKL was initially launched with 4.14 billion coins. The total maximum supply of SKL will be 7 billion. Many of the initial coins were given to system supporters and validator communities at the time of the launch. Some of the funds have also been set aside to help with future funding, and some have been locked until 2025.

Since it was introduced in 2020, SKL has undergone a lot of changes. The coin at one point jumped to an all-time high of $1.22 in March 2021 before stabilizing at a lower price. As of August 2022, SKL has a price of $0.05771 per token and a market cap of $212 million. Though individual SKL tokens have a low price, they are still fairly trendy. 

The SKALE network has gone through many changes as it’s evolved. Instead of releasing everything at once, the developers have decided to make incremental changes through regular releases. This allows them to offer current features to users while still having time to work on later features. It also gives them the ability to test their setup and make changes as necessary.

The network launches new upgrades by first putting candidates on its testnet and then moving them to the mainnet. Past releases have added features such as Ethereum network compatibility, modular virtualized subnode architecture and token releases. The most recent release in March 2022 was particularly notable. Called the

 for its extensive range of new features, this upgrade brought extra interconnectivity, the ability to work with rollups, and additional decentralized exchange hubs.

Another upgrade was the 2021 Denali release. This upgrade was responsible for many iconic SKALE features, including:

Many are wondering what's next for SKL prices. Throughout most of 2022, the coin's price has remained mostly stable. It's primarily been holding in the $0.05 to $0.10 range, with occasional jumps to $0.30. With the coin's current direction, achieving a price of $1 in 2022 seems unlikely.

However, a close analysis of candlestick charts shows a few distinct patterns. Typically, SKL increases face resistance at price levels of $0.16, $0.27, $0.37 and $0.43. If these barriers are overcome, reaching a price of up to $0.50 seems possible. For the most part, analysts are neutral to positive on SKL. Prices seem unlikely to drop, but a drastic rise is unlikely as well.

So, if SKL is primarily a utility token, how can you even buy it? There are multiple ways to add SKL to your portfolio through crypto exchanges. For example,

 in the form of perpetual contracts. Buying the token is as simple as following these steps:

Link your debit or credit card to your account.

 button to begin searching for a crypto to buy.

Select the crypto you’d like to buy from the drop-down menu. Bybit lets users purchase BTC, ETH and USDT outright.

Enter the amount of crypto you would like to purchase and make payment for it in USD or any other fiat currency.

 tab, where you can view different crypto exchanges.

Choose a market where you can sell your current crypto to buy SKL.

 prices to buy the SKL outright, or enter your own bid with the custom amount you'll pay for your SKL.

SKL is good for those who want something stable and low-risk. It doesn't make many exciting jumps, but it isn't prone to sudden drops either. If your investment strategy is to buy into promising companies and wait for their prices to rise when they announce innovations, SKL is a good choice.

Why is SKL so dependable? Though some people use SKL strictly as a coin for trading, it also has a lot of utility within the SKALE network. This makes the coin a fairly reliable bet. As long as developers are working on the network, SKL will be desirable to own. With the network's continued development and high number of applications, SKL is likely to remain a popular utility token for quite a while.

So far, SKALE's done a great job of capitalizing on the momentum from its initial launch. Generally speaking, DeFi analysts have been pleased with SKALE’s ability to actually deliver what they promise. They had a modest start but have quickly implemented a lot of unusual and helpful features. The network continues to provide good returns for investors, and more and more developers are starting to work with their elastic sidechains.

All of this promising feedback from people involved with the network indicates that the company itself has a fairly bright future. As long as they can continue to do the excellent job they've been doing, the network will continue to improve. Its ability to assist with Ethereum network scaling and integration may end up revolutionizing the way DApps are made.

The SKALE network adds a lot of functionality and flexibility to the Ethereum blockchain. It’s especially useful for those involved in DeFi concepts like NFTs and DApps. Furthermore, native SKL tokens have some exciting potential for trading. All things considered, the SKALE network is certainly worth looking into.

SKALE (SKL): Scaling Blockchains Linearly With Zero Gas Fees

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards