The market situation of SKALE (SKL) in August 2025 is characterized by a significant price increase. In recent days, SKL rose by up to 60% and reached a price of about $0.048. This rapid increase is driven by network upgrades, improved partnerships, and rising demand for Layer-2 scaling solutions for Ethereum-based applications. SKL enables fast, cost-effective transactions and decentralized governance, making it particularly attractive in the DeFi sector.
In the short term, SKL may experience slight corrections due to the overbought situation, but the long-term growth potential remains high. Predictions suggest that the price will fluctuate between $0.48 and $0.80 by the end of 2025. The development heavily depends on further adoption in the DeFi space and technological improvements.
Investors should be mindful of the volatility, but SKL offers an interesting opportunity for investors looking to invest in scalable infrastructure projects