Bitget, a top global cryptocurrency exchange, and Web3 company, is responding to trader demand and is to list SKALE (SKL). The SKALE Network is designed to enhance the scalability and efficiency of Ethereum-compatible applications.
SKALE has gained popularity for its capability to support numerous high-speed blockchains without imposing transaction fees on users. When the Ethereum network is bustling, volatility in gas fee costs is a repeated pain point for developers, users, NFT creators, etc. The network architecture allows developers to efficiently deploy their interoperable Ethereum Virtual Machine (EVM) blockchains. This results in a powerful combination of speed, security, and decentralization. Consequently, SKALE becomes an attractive platform for developing and scaling decentralized applications across various sectors, including gaming with projects such as Gamifly, motoDEX, CryptoBlades, Untitled Platformer, 5TARS, and Strayshot.
Additionally, the SKALE modular design means there’s no limit to creating new SKALE Chains, offering the possibility of infinite scalability. On-chain data suggests the network has handled over 18 million transactions in November so far, bringing its cumulative total to over 200 million. SKALE reported over 1.3 million total users in November, up from 1 million in October.
As a community-run initiative, SKALE is overseen and governed by SKALE DAO, which comprises more than 50 companies, business entities, organizations, and DAOs.
SKALE (SKL) will be listed in the Public Chain Zone, reflecting Bitget’s commitment to bringing new and innovative projects to its 20 million users worldwide.
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