Skycoinの‌価格SKY

$USDS, also known as the upgraded stablecoin of the Sky Ecosystem, is currently trading at around $1.01, with a 0.54% increase in the last 24 hours.¹ The market capitalization is approximately $6.66 billion, with a 24-hour trading volume of $146.67 thousand. Looking at the price history, $USDS has experienced significant fluctuations. Its all-time high was $1.58, reached on September 24, 2024, while its all-time low was $0.9101, recorded on October 18, 2024. Some notable trends and statistics include: - *24-hour price range*: $1.00 to $1.02 - *7-day price change*: Not available - *30-day price change*: Not available - *Circulating supply*: 6.61 billion USDS - *Total supply*: 6.61 billion USDS It's worth noting that $USDS is a stablecoin, which means it's designed to maintain a stable value relative to a fiat currency, in this case, the US dollar. As such, its price movements may be less volatile compared to other cryptocurrencies.

🔥 Hold or sell? USDS, an upgraded version of the DAI token within the Sky Protocol, is a stablecoin designed to operate seamlessly within its ecosystem. It offers features such as earning token rewards and accessing Savings Rate. USDS maintains its stability using the same mint and burn functionalities as DAI and enables conversions at a 1:1 ratio with DAI. It supports seamless integration with platforms like Sky.money for earning SKY token rewards and other financial activities. On January 22, 2025, Bitget announced the listing of USDS in its Innovation and DeFi Zone. Deposits became available immediately, with trading commencing on January 23, 2025, at 12:00 PM (UTC). The trading pair is USDS/USDT. Withdrawals for USDS are scheduled to open on January 25, 2025, at 7:00 AM (UTC). As of January 25, 2025, the price of USDS is approximately $0.9967 USD. For more information, you can visit the official Bitget announcement. $USDS

$SKY Key Features of Obelisk Consensus Algorithm:* - _Influence Score_: Each node's influence is determined by its network density, ensuring a fair and robust consensus process. - _Node Subscription_: Nodes subscribe to a select few, creating a web of trust that prevents malicious actors from manipulating the network. - _Decentralized Decision-Making_: Obelisk enables nodes to make decisions independently, reducing the risk of centralization and increasing overall network security. The Obelisk algorithm is designed to be scalable, energy-efficient, and resistant to coordinated attacks, making it an attractive solution for decentralized networks ¹. With USDS's impressive growth, Skycoin is solidifying its position as a major player in the cryptocurrency space.

$USDS changes trading profile with representation on Solana The growth of $USDS also comes with increased activity and turnover on Solana. The shift came in November, as Sky strategically made its move to the new chain, displacing the volumes on Ethereum.  The highly active $USDS on Solana points to a trend of adopting some of the legacy protocols on Ethereum. The last few months saw Solana activity rise, with potential demand for passive yield to lock in gains.  The supply of $USDS expanded again in early 2025, preparing for a bigger influence on Solana and Base. The total value locked on Solana increased to $8.54B, expanding more rapidly in the last three months. The TVL increased not only due to the higher nominal price of SOL but with token and stablecoin inflows.  The stablecoins on Solana have already reached $5.79B, with a predominance of $USDC usage. The $USDS market share has climbed to around 1% of the entire supply, still getting ahead of other niche stablecoins.  In this early stage, $USDS usage on Solana is more limited. On Ethereum, $USDS transactions reach over $30,000, while the Solana version carries on average transactions of around $3,000 as the asset is still building up its adoption.  The $USDS on Solana is still spread among a handful of whale wallets. One of the leading addresses holds 1.5M $USDS and is one of the biggest yield recipients. The top 4 addresses on Solana hold more than 50% of the supply of $USDS , as retail wallets are still catching up with whales. The expansion of $USDS started from November 19 onward, with a rapid spike in activity.  $USDS is also trading on Raydium and Aerodrome, though with a warning for being a mintable and freezable asset. This means some of the holders may have to consider the possibility of locked tokens if they fail to fulfill the terms and conditions of Sky Protocol.  The Raydium USDS/USDC pair has over $69M in liquidity, while Aerodrome carries $1.2M. The token is mostly meant for staking and passive yield and is not a part of the meme token ecosystem.

$SKY Key Features of Obelisk Consensus Algorithm:* - _Influence Score_: Each node's influence is determined by its network density, ensuring a fair and robust consensus process. - _Node Subscription_: Nodes subscribe to a select few, creating a web of trust that prevents malicious actors from manipulating the network. - _Decentralized Decision-Making_: Obelisk enables nodes to make decisions independently, reducing the risk of centralization and increasing overall network security. The Obelisk algorithm is designed to be scalable, energy-efficient, and resistant to coordinated attacks, making it an attractive solution for decentralized networks ¹. With USDS's impressive growth, Skycoin is solidifying its position as a major player in the cryptocurrency space.