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Why SKL is rising: the Layer2 scaling solution narrative is warming up again. As an Ethereum Layer2 project, SKALE is benefiting from the broader market’s renewed focus on infrastructure and scaling demand, with clear inflows of capital.
Outlook for later trend: short-term bias is bullish (supported by Layer2 heat), but after the rise, investors should be wary of profit-taking. In the medium term, it will hinge on the project’s adoption and TVL.
$SKL