SKL Token Surges 31% on Binance as Trading Volume Hits $308M Amid Gas-Free Blockchain Buzz

SKLUSDT has experienced a notable price increase of 31.01% in the last 24 hours, currently trading at $0.02928 on Binance. The surge in price and trading volume is primarily attributed to heightened market interest in SKALE Network’s gas-free blockchain solutions for gaming, AI, and decentralized applications, as well as recent technical signals such as MACD crossover, elevated RSI, and positioning above key EMAs discussed on social media. Additional factors include Bitget’s adjustment of funding rate limits for SKLUSDT perpetual futures and technical analyses indicating potential breakout scenarios. Over the past week, SKLUSDT has seen a price increase of over 40% and a dramatic rise in trading volume, with 24-hour volume reaching up to $308.85 million and market capitalization between $162.07 million and $177.05 million, reflecting strong market activity and continued volatility.