SKALE Token Surges 32% on It Remains Integration
SKALE token (SKL) jumped 32% to a high of $0.032 after news of its integration with transmedia franchise It Remains. The gas-free, EVM-compatible blockchain saw daily volume spike 2,700% to $279 million, and its market cap reached $170 million. SKALE is up 76% from its all-time low of $0.00159 and trades well below its $1.22 peak in March 2021. This integration enables gasless AR/VR experiences and NFT-based governance via custom SKALE chains. It Remains will use SKALE’s high-speed transactions to bridge storytelling and participatory entertainment. Despite smaller gains than OKB’s 150% rally, SKALE ranks among the top performers in the top 500 tokens. SKALE’s on-chain ecosystem has recorded over 3 million active wallets and 681 million transactions to date.
Bullish
The integration news and 32% price surge signal strong demand for SKALE’s gas-free, EVM-compatible chains. Similar past integrations (e.g., Chainlink partnerships) drove token rallies as traders anticipate higher utility. In the short term, momentum may attract speculative inflows, boosting volume and price further. Over the long term, delivering interactive AR/VR and NFT governance use cases can cement SKALE’s role in gaming and entertainment, underpinning sustainable growth. The rapid volume spike and growing on-chain metrics support a bullish outlook.