SKALE, the gas-less EVM-compatible blockchain, has made significant strides in the first quarter of 2024. With over 300 million total transactions and a monthly average of 30 million transactions, SKALE has proven to be a platform that offers projects a seamless experience without the usual hindrances of minting fees or gas costs. Achieving groundbreaking gas savings, unique wallet activations, and transaction processing milestones, SKALE has emerged as a key player in the world of blockchain technology.
During Q1 2024, SKALE solidified its position as a leading scaling solution for verticals such as gaming and AI. With twenty AppChains under its belt, SKALE has witnessed unmatched user growth and garnered strategic partnerships that have propelled its success. The network’s ability to process millions of transactions without any gas fees has attracted projects from various sectors, including prominent names like ChainGPT, TCG, Dmail, and NFT Arcade. These collaborations have opened doors for SKALE to be adopted by popular games like RageAffect and World of Dypians, as well as music platforms like Hitmakr.
Key Highlights from the First Quarter
SKALE’s achievements in Q1 2024 speak volumes about its capabilities and impact on the blockchain industry. The network saved users $3.1 billion in gas fees, making it a more efficient and scalable infrastructure compared to other blockchain networks like BNB Chain and AVAX. With the successful deployment of Release 2.2 in January, SKALE witnessed a significant 30% increase in block mining speed on the Mainnet, paving the way for improved compatibility with Ethereum in Release 2.3. Additionally, SKALE surpassed 300 million total transactions in January and maintained over 30 million transactions monthly, showcasing its reliability and scalability.
The SKALE community experienced a surge in activity during Q1, adding over 17 million UAW. This increase in user activity is a testament to the network’s growing popularity and adoption. Moreover, SKALE maintained an impressive average uptime of 99.9% across its 20 chains, ensuring that users have a seamless experience without any disruptions. By prioritizing network reliability and user engagement, SKALE has built a strong foundation for future growth and expansion.
As a gas-less EVM-compatible blockchain, SKALE is designed to provide a world-class experience for games, NFT platforms, and Web3 applications. With over 10 million monthly active users and billions saved in gas fees, SKALE’s AppChain model offers high performance, zero gas fees, enhanced security, and instant finality. This unique combination of features makes SKALE ideal for a wide range of decentralized applications, empowering developers and businesses to build scalable, efficient, and user-centric blockchain applications.
SKALE’s success story in Q1 2024 is a testament to the network’s innovative approach to blockchain technology. By prioritizing scalability, efficiency, and user experience, SKALE has positioned itself as a leader in the industry. With continued growth, strategic partnerships, and a commitment to driving mass adoption of Web3 technologies, SKALE is poised to revolutionize the blockchain ecosystem for years to come.