October 5, 2023

SKALE Hits Major Growth Milestones. Solidifying its Position as a Dominant Blockchain Player

SKALE Network

SKALE, the world’s fastest blockchain, has continued its rapid growth, as the community has surpassed $2 billion USD in gas fee savings! This momentous achievement comes on the heels of the network exceeding 1.6 million unique wallets and attaining over 675,000 active users in the last month. ‍

SKALE’s fast growth now positions it in the top 10 of ALL blockchains in both daily transaction volume and daily active users ahead of Polygon, Avalanche, Arbitrum, Solana, and others, according to DappRadar.

SKALE has achieved a leading position in the blockchain landscape by democratizing access to dapps via seamless onboarding and zero-cost transactions for users. Ensuring easy user access to high-quality games has led to more than 1,800% increase in monthly active wallets in the last 6 months, with on-chain transactions up over 295% in the same time period. Read more about recent growth and developments in the Q3 Ecosystem Recap!

High gas fees have long been a bottleneck, limiting the broader adoption and practicality of blockchain usage. SKALE's innovative approach alleviates this concern with zero-cost transactions for end users and a predictable cost model for dapp developers.

SKALE Co-Founder & CEO Jack O’Holleran elaborated, "We are thrilled to celebrate this milestone of $2 billion USD in gas fee savings. It underscores our unwavering commitment to making blockchain technology more accessible and cost-effective for all. With a rapidly expanding community and innovative solutions, SKALE is poised to shape the future of decentralized applications."

The community's attainment of the $2 billion gas fee savings milestone is just one representative of its growing adoption. The ecosystem also has 5 games ranked in the top 25 blockchain games in usage according to DappRadar, and is the home of Exorde, the most successful AI app running on blockchain.

There are an additional 55+ high-performance gaming, AI, and web3 social dApps scheduled to launch on SKALE this calendar year. SKALE is quickly positioning itself as a dominant player in the market as the world’s fastest and most cost-effective blockchain for gaming, AI, and beyond.

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About SKALE

SKALE is the world's fastest blockchain, designed for fast, secure, user-centric Ethereum scaling. SKALE chains offer zero gas fees to end-users and have advanced features such as ML/AI smart contracts, on-chain file storage, interchain messaging, zero-cost minting, and enhanced security features.

The SKALE network enables developers to deploy their own EVM blockchain in minutes without sacrificing speed, security, or decentralization. Welcome to the SKALEverse.