ONâ308: SKALE Mega Issue
Coverage on Network Health, Technical Updates, Exorde, Dmail Network, Gaming Updates, World of Dypians, and Pixudi
đ Editorâs Note: Setting the Scene
Welcome to OurNetwork's second issue focused exclusively on SKALE, an EVM compatible Layer 1 network. SKALE is composed of four fundamental chains, called âHub Chains,â paired with use case-specific App Chains.
This report comes at a chaotic time for crypto. On the one hand, the âcasinoâ charges on â memecoins have taken the spotlight as tokens rise to nine-figure market caps and fall to close to nothing within days.
On the other hand, thereâs a degree of fatigue around memecoins and other aspects of the hyper-volatile aspects of crypto like low-float high FDV (fully diluted value) tokens with major unlocks upcoming.
Itâs in this environment that SKALE, launched in 2020, has continued its steady climb upward â in 2024 the chain attracted 46.7M active wallets and facilitated 615.2M transactions. Those are over 400% and 200% changes respectively.
Two sectors, AI and gaming, each with breakout apps and burgeoning ecosystems covered below, have driven the growth.
Letâs get into it.
â ON Editorial Team
Network Health đ
đ„ Jordan Hiken | Website | Dashboard
đ Unique Active Wallets on SKALE Grows by 466%, Transactions by 206%, and Gass Fees by 204% in 2024
SKALE is a network of on-demand, EVM-compatible, Layer 1 blockchains with zero gas fees, high-throughput, and instant transactional finality. The SKALE network demonstrated exceptional growth throughout 2024, achieving record-breaking milestones in user adoption and transaction activity. UAW on the year surged to 46.7M+ representing a 466.92% increase year-over-year, while transaction volume climbed to 615.2M marking a 206.49% increase from the previous year.
Quick Links: Disclosures
