$SKL/USDT is on fire! 🚀
After a massive 145% surge in August 2025, SKL is consolidating around $0.04295, priming for the next leg up. As a scalable #Ethereum Layer-2 solution, SKALE's zero-gas fees and high throughput are attracting devs amid ETH's congestion woes.
Why bullish now?
- Strong Fundamentals: SKALE's modular chains enable infinite scalability. Recent integrations with gaming & DeFi projects boost adoption... trading volume hit $637M in 24hrs per CoinMarketCap!
- Technical Setup: Bounced from $0.01579 low in June, now eyeing breakout above $0.047 resistance. Buy zone at $0.0414–$0.039 offers low-risk entry. RSI cooling but #MACD bullish crossover signals momentum.
- Market Tailwinds: Crypto bull run resuming post-halving, with $ETH ETFs driving L2 hype. $SKL's CTO hints at major upgrades, countering speculation fears.
Target: $0.10+ by Q4 if volume sustains.
DYOR, but this could 3x from here!