SKALE, a blockchain network based in San Francisco, has been making waves in the industry by surpassing 300 million total transactions in January alone. With over 30 million transactions processed monthly, SKALE offers projects a unique platform that eliminates common obstacles found on other blockchain networks, such as minting fees and gas costs. This gas-less EVM-compatible blockchain is specifically designed for secure Ethereum scaling, achieving groundbreaking gas savings and providing a seamless experience for users and developers.
During the first quarter of 2024, SKALE witnessed significant milestones that solidified its position as a key player in the blockchain space. With notable performances, strategic partnerships, and unmatched user growth across twenty AppChains, SKALE has proven to be a valuable scaling solution for verticals like gaming and AI. The network’s ability to process millions of transactions with zero gas fees has attracted projects from various sectors, including prominent names like ChainGPT, TCG, Dmail, and NFT Arcade.
Innovative Solutions and Partnerships
SKALE’s success in Q1 can be attributed to its innovative approach to blockchain technology and strategic partnerships with industry leaders. By offering gas-less AppChains, SKALE saved its users a total of $3.1 billion in gas fees, providing a more efficient and scalable infrastructure compared to other networks like BNB Chain and AVAX. Additionally, the network successfully deployed Release 2.2 in January, leading to a 30% increase in block mining speed on the Mainnet, and passed its 100 millionth block milestone.
One of SKALE’s major achievements in Q1 was the surge in user activity, with over 17 million UAW added to the community. This increase in user engagement can be attributed to the network’s high performance, zero gas fees, enhanced security, and instant finality. SKALE also maintained an impressive average uptime of 99.9% across its 20 SKALE chains, ensuring network reliability and seamless operation for users and developers.
As of 2024, SKALE serves over 10 million monthly active users and saves billions in monthly gas fees with its innovative AppChain model. The network’s commitment to driving the mass adoption of Web3 technologies empowers developers and businesses to build scalable, efficient, and user-centric blockchain applications. With advanced features such as AI/ML smart contracts, on-chain file storage, interchain messaging, and zero-cost minting, SKALE offers a world-class experience for games, NFT platforms, and Web3 applications.
SKALE has emerged as a game-changing blockchain network that is revolutionizing the industry with its innovative solutions, strategic partnerships, and unmatched user growth. By providing a platform free from gas fees and other common obstacles, SKALE is paving the way for mass adoption of Web3 technologies and empowering developers to build scalable and efficient blockchain applications. As the network continues to grow and evolve, it will undoubtedly play a key role in shaping the future of decentralized finance and blockchain technology.