Ethereum R1 is a new donation-funded, tokenless Layer 2 rollup designed to offer a decentralized, censorship-resistant, and governance-minimized scaling solution for Ethereum

The S&P 500 rose 0.63% Thursday, boosted by strong Meta and Microsoft earnings, but futures slipped Friday as investors awaited the April jobs report and weighed Apple and Amazon tariff concerns. Gold fell to $3,235 as easing trade tensions cut safe-haven demand; markets await US jobs data for rate cut signals. The Coindesk Indices, which tracks the broader crypto market, rose 2.19%, with Bitcoin and Ether up 2.57% and 2.60%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is AR, which gained 16.8% following CloneX's successful migration to Arweave, sponsored by ArDrive.

Arweave (AR), founded in 2017, is a decentralized network for permanent data storage, using blockweave and Proof of Access to ensure long-term accessibility. It offers 200-year storage for a one-time fee, incentivized by AR tokens for miners. The system connects blocks efficiently to preserve and retrieve data, aiming to create a lasting digital knowledge repository. CloneX has successfully 

 to Arweave for permanent storage, with the support of ArDrive, which sponsored the migration of 100 GB of data. The process is nearly complete, with only Animus remaining to undergo decentralization.

Check out the latest prices, charts, and data of 

 is a new donation-funded, tokenless Layer 2 rollup designed to offer a decentralized, censorship-resistant, and governance-minimized scaling solution for Ethereum. Built on open-source code and the Nethermind Surge stack, it emphasizes credible neutrality, public good funding (with all fees burned after 2030), and infrastructure that remains free from VC control or centralized dependencies.

Yesterday, BTC spot ETFs saw $71.1M in total inflows, with $16M from GBTC and $55.1M from other ETFs.

 $BOOP tokens to active Solana memecoin traders and creators who promote memecoins or Solana dapps on X. To claim, users must connect their Solana wallet or X account and launch a free token. The airdrop arrives in 30 days, but growing the token’s market cap can accelerate the reward.

Beginner

3.png

Ethereum R1 offers a decentralized rollup solution for Ethereum

This article dives into Bitcoin liquid staking protocol Lombard Finance, how LBTC works and how you can stake LBTC through Bybit Web3.

Bitcoin stands as the undisputed giant of the cryptocurrency space, commanding the largest market capitalization. Yet, much of its potential remains untapped, often sitting idle as a store of value rather than actively participating in the thriving 

 ecosystem. Lombard Finance aims to change this narrative by unlocking Bitcoin's utility and integrating it seamlessly into DeFi.

Lombard is built upon Babylon, the innovative Bitcoin staking protocol, and is incubated by Polychain Capital. Lombard’s flagship product, 

 (LST) for BTC. This article explores what Lombard Finance is and how LBTC works, and describes the Lombard ecosystem and how you can stake LBTC through Bybit Web3.

 is a liquid staking protocol that focuses on transforming 

's role in the digital economy. Its core mission is to evolve BTC from simply being a store of value — also viewed as 

 — into a productive asset that actively generates yield and participates within DeFi. Currently, a significant portion of Bitcoin's

 sits idle, lacking the native staking capabilities or cross-chain composability seen with assets such as 

Lombard Finance addresses this shortcoming by building on top of 

, a protocol that supports BTC staking without needing 

 or custodians. Babylon allows Bitcoin's economic weight to secure other 

 (PoS) chains and applications, creating a new yield source for holders. Lombard leverages this foundation to offer LBTC, making staked BTC liquid and usable across the DeFi market.

Lombard’s goal is ambitious: to channel Bitcoin's vast liquidity into DeFi. This could potentially double the ecosystem's 

 (TVL) if even a fraction of available BTC is introduced. Lombard believes this integration will catalyze significant growth and create more sustainable market dynamics by making BTC a core, yield-bearing primitive within DeFi.

Founders and investors of Lombard Finance

Lombard Finance was founded in April 2024 by a team with deep expertise within DeFi, drawing talent from established crypto projects like Polychain, Babylon, Argent, Coinbase and Maple. This collective experience underpins the protocol's design and strategic direction.

The project was notably incubated by Polychain Capital, a prominent crypto investment firm that also led Lombard's $16 million seed funding round (which was 

 in July 2024). This round saw participation from a wide array of significant players in the crypto space — including Babylon, dao5, Franklin Templeton, Foresight Ventures, HTX Ventures, Mirana Ventures, Mantle EcoFund, Nomad Capital, OKX Ventures and Robot Ventures — thus highlighting broad industry confidence in Lombard's vision. Strategic partnerships and contributions from exchanges like

 and Bitget are further bolstering its distribution and liquidity aggregation efforts.

LBTC is Lombard Finance's flagship product — a liquid staking token (LST) that represents Bitcoin staked through the Babylon protocol. Designed as a universal liquid BTC standard, LBTC is fully backed 1:1 by native Bitcoin, ensuring its value is directly tied to the underlying asset.

The token is yield-bearing, capturing rewards generated from securing PoS networks via Babylon staking. Crucially, LBTC remains liquid, meaning holders can freely use it across various DeFi applications — such as 

 and automated vaults — without sacrificing their underlying staked positions or associated yield.

LBTC is also designed for cross-chain compatibility, natively minted on supported blockchains like Ethereum, Base and Sui and using secure infrastructure [such as 

]. This avoids the risks associated with traditional bridging or wrapping methods, thus aiming to provide a more secure and seamless way to utilize Bitcoin across the multichain DeFi ecosystem.

Lombard Finance simplifies the process of putting Bitcoin to work within DeFi through its LBTC token. The mechanism is designed with security and user experience in mind, leveraging the Babylon protocol and a robust Security Consortium.

The core benefit of LBTC lies in its ability to unlock multiple layers of value simultaneously. Holders earn native yield from Babylon staking, potentially accrue additional rewards (such as Lombard Lux points) and gain access to diverse DeFi yield opportunities, all while maintaining the liquidity of their Bitcoin position. This transforms BTC from a static asset into a dynamic, yield-generating component of the DeFi ecosystem.

Lombard Finance is actively building a wide LBTC ecosystem that already boasts over 75 DeFi integrations. Security is foundational, anchored by the 14-member Security Consortium (including prominent names like Galaxy and OKX Ventures) and validating all critical operations alongside audits and bug bounties.

Core infrastructure relies both on Babylon for staking, and on the Chainlink CCIP for secure cross-chain movement, with EigenLayer integration 

. LBTC integrates with leading DeFi applications across lending platforms (e.g., 

) and automated vaults. The platform supports multiple blockchains (including Ethereum, Base, Sui, BNB Chain) and 

 (L2s), positioning LBTC as a versatile cross-chain asset.

Here's how you can stake BTC on Lombard and use LBTC in DeFi and automated vaults.

Lombard Finance (via its LBTC token) offers a compelling way for Bitcoin holders to put their assets into use, earn yield via Babylon staking and gain exposure to the expansive DeFi ecosystem — all while maintaining liquidity. Incubated by Polychain Capital and supported by a robust consortium and growing partner network, Lombard is positioning LBTC as a secure and versatile liquid Bitcoin standard.

It’s easy to participate in the Lombard ecosystem through 

, you can utilize your Bybit Web3 Seed Phrase Wallet to stake BTC and mint 

, Lombard's vault token that represents deposits in automated yield strategies. This provides you with a seamless gateway to access Bitcoin liquid staking and DeFi yields.

Ready to unlock your Bitcoin's potential? 

Intermediate

lombard tutorial.png

Lombard Finance: Polychain-backed Bitcoin liquid staking protocol

The cryptocurrency market has entered a phase reminiscent of past altcoin seasons, primarily driven by Bitcoin's recent rebound to the $94K–$96K range. 

Altcoin season might have come with reviveding speculation 

The cryptocurrency market has entered a phase reminiscent of past altcoin seasons, primarily driven by Bitcoin's recent rebound to the $94K–$96K range. This resurgence has sparked renewed interest among retail traders, shifting focus from Bitcoin to smaller, more speculative altcoins. The overall market saw a 10% increase in value during the final eight days of April, contrasting with Bitcoin's 7% gain. This trend indicates a growing appetite for risk among investors, particularly in meme coins, which have seen a surge in social media discussions.

However, caution is warranted as elevated crowd enthusiasm often precedes market corrections. Historical patterns suggest that when buzzwords like "altseason" are dominating discussions, it may signal an impending price exhaustion. The current market dynamics reflect a shift toward speculative investments, raising concerns about the sustainability of this enthusiasm.

Bitcoin's bullish sentiment substantially improves

Bitcoin's position as the leading cryptocurrency has remained steady, with discussions around its price fluctuating significantly. Following a period of pessimism, when predictions dipped as low as $10K–$69K, sentiment shifted dramatically with the price recovery. Now, optimistic projections of $100K–$159K are dominating conversations, indicating a reversal in trader sentiment.

Despite Bitcoin's consistent presence in market discussions (approximately 25% of asset topics), the ratio of bullish-to-bearish commentary has grown increasingly favorable. This suggests a growing confidence among traders bolstered by Bitcoin's recent performance. However, it’s essential to monitor whether this bullish sentiment translates into sustained investment, or if it leads to overconfidence that may trigger a market pullback.

Ethere, once a robust contender in the altcoin arena, has struggled to regain retail investor confidence despite recent bullish commentary and promises of innovation from co-founder Vitalik Buterin. Its social media presence has dwindled to about 6–7% of discussions, a significant drop from previous years. This decline highlights the challenges Ethereum faces in re-establishing itself as a go-to investment in a market increasingly dominated by speculative assets.

Conversely, XRP has seen a notable increase in optimism surrounding ETF approvals, with expectations rising to 85%. This shift reflects a broader trend of institutional interest in cryptocurrencies, potentially paving the way for significant capital inflows. Meanwhile, Dogecoin's potential ETF listings have sparked renewed interest, transforming its image from that of a meme coin to a legitimate investment option. The growing dialogue surrounding institutional adoption of Dogecoin and XRP indicates a pivotal moment for these assets, suggesting they may play critical roles in the evolving cryptocurrency landscape.

Advanced

Intro to Santiment.png

Bybit x Santiment social sentiment report: Altcoin sentiment recovers despite Bitcoin’s resilience

Bybit Spread Trading allows traders to simultaneously buy and sell two related instruments in order to hedge risk or profit from price discrepancies. Read more.

Whether markets are flying high or wobbling unpredictably, one thing remains true: traders are always looking for smarter ways to 

 and find profit opportunities. That’s where Bybit Spread Trading comes in. This feature is tailor-made for those who want to go beyond basic buy/sell plays and start taking advantage of price discrepancies between related instruments. In this guide, we’ll walk through exactly how Bybit Spread Trading works, why it matters and how you can start using it today, whether you’re 

is a newly launched Bybit feature that allows users to simultaneously buy and sell two related instruments — such as Spot, Perpetual or Expiry contracts with different settlement dates — in order to hedge risk or profit from price discrepancies.

This type of trading strategy is popular among institutional and professional traders because it enables more precise, controlled market exposure. However, with Bybit’s interface, the barrier to entry is significantly lowered, opening the door for individual traders to tap with just a few clicks into a powerful set of tools.

At its core, Spread Trading on Bybit is about executing what’s called a combo trade. This means entering two positions at once: one long, one short. These positions are taken on related instruments, such as a BTC Spot trade and a BTC Perpetual contract, with the idea that their prices will either converge or diverge in a way that benefits your position.

When you place a buy combo, you’re buying the instrument with the longer expiration (the “far leg”) and selling the one that expires sooner (the “near leg”). 

A sell combo is the reverse: selling the far leg and buying the near leg. The profit (or loss) comes from how the spread between these two instruments shifts over time.

For example, if you believe the spread between a Perpetual and a Quarterly Futures contract will widen, you can buy the combo. If the spread increases after your entry, that movement becomes your profit. Bybit calculates your 

 prices automatically, based on the mark prices and your defined “order price,” so there’s no need to manually crunch the numbers.

Perhaps the most important feature here is atomic execution. This ensures both sides of your combo trade are filled together, in equal quantities, or the trade doesn’t go through at all. It removes “leg risk,” which is the danger of getting filled on one side of the trade, but not the other. In volatile markets, that alone can save you from an unwanted mess.

Spread Trading on Bybit currently supports combinations such as Spot and Perpetual, Spot and Expiry, Perpetual and Expiry, or even two Expiry contracts with different dates. This flexibility lets you build strategies that align with different market outlooks — bullish, bearish or neutral.

There’s a strong reason why Spread Trading is a go-to for many experienced traders: it allows for strategic plays that are more sophisticated than just guessing price direction. On Bybit, it’s not only powerful, but also convenient.

First, you get price certainty. Your spread is locked in at the price you specify. There’s no 

 between legs because the entry prices are automatically calculated and matched. You’re trading the spread, not the individual legs.

Secondly, the trading experience is smoother. Instead of placing two separate orders and manually trying to sync them, Bybit handles everything as a single transaction. You don’t have to worry about whether one leg gets filled and the other doesn’t — that risk is eliminated through atomic execution.

Third, this setup is a great hedge against volatility. By taking opposing positions on two related contracts, you reduce exposure to sharp price movements. Your P&L becomes more about the relative performance between contracts, rather than the market direction itself.

There’s also a strong cost advantage. Trading spreads on Bybit is significantly cheaper than doing it manually. You pay only half the trading fees you’d incur if you placed two individual trades on the order book. For high-volume or 

, that translates to meaningful savings over time.

Finally, it unlocks strategy flexibility. Whether you're 

 funding rates between Spot and Perpetual, doing 

 with different Futures contracts or taking advantage of price convergence before expiry, this platform gives you the tools to execute those ideas efficiently.

How to get started with Bybit Spread Trading 

Now that you have a better understanding of how Bybit Spread Trading works, let’s look into how to get started. Please note that you’ll need to have a Bybit account in order to proceed. If you don’t already have one, please check out our 

 for more information on how to create a Bybit account.

: Log in to your Bybit account and hover your cursor over the 

: The available spreads are organized in a grid, with each tile representing a unique combo. Choose your preferred combo to trade.

Tiles with a border around them signify that Spread Trading offers a better price. Hover over a tile for more details, or use the bar at the bottom of the grid to explore more options.

On the order placement page, set up your order with the following parameters:

to place your order. A pop-up window will appear for you to confirm your order details. Then, click on 

Congratulations — you’ve successfully placed an order!

You can view your Spread Trading orders from any trading page (Spread Trading, Spot and Futures), as they all share the same order data.

 to view your active orders. You’ll be able to view the combo, underlying asset, order price and more. 

If you would like to adjust your order parameters, you may click on the pencil icon under 

. To cancel your order, simply click on the order’s corresponding 

to view your completed orders. To view each order’s information on each leg, click on the order’s corresponding 

button. For additional insights, click on 

Spread trading isn’t for everyone — but if you’re someone who enjoys strategic trading, hedging or arbitrage, it’s a tool worth adding to your arsenal. It appeals to traders who are less interested in taking a directional bet, and more focused on capitalizing on inefficiencies in the market.

You don’t have to be a pro trader to benefit, either. The simplified execution and intuitive UI mean even intermediate users can explore advanced strategies without being overwhelmed. As long as you understand how spreads work, and how your P&L is affected by their movement, you’re already halfway there.

More importantly, in times of market uncertainty or low volatility — when price action feels sluggish — spread trading gives you an alternative way to profit. It keeps you in the game — even when momentum plays aren’t cutting it.

Bybit Spread Trading is a powerful tool that combines simplicity with sophistication. Whether you're looking to hedge, save on fees or experiment with 

 strategies, it offers a clean and user-friendly way to do so. With lower risk, lower costs and plenty of flexibility, Bybit Spread Trading is a smart move for any trader looking to level up their game — especially when markets get messy.

bybit spread trading.png

Bybit Spread Trading: Smart strategies for market swings

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

Compete for 2,500 USDT Every Week

Earn Points by Completing Tasks

Event Rules

Register now and get 10 points

Write/Reply Comments (0/5)

Publish an Article (0/5)

Share an Article on Social Media (0/5)

Like an Article (0/5)

Read an Article (0/5)

Weekly Leaderboard