A major reason for the attractiveness of SKALE as an investment lies in its central role in improving the scalability and security of Ethereum-based applications. As more and more companies and developers rely on decentralized applications and smart contracts, there is a great need for improved infrastructure, such as that provided by SKALE.
In addition, SKALE offers incentives for participation in its network. Token holders are rewarded for their role as validators, improving the platform’s security and scalability. These incentives could increase demand for SKL tokens, influencing the price.
Furthermore, SKALE can potentially improve the speed at which Ethereum transactions are verified significantly. It could make the network more attractive to more users, increasing the price of SKL.