Skycoin
Sky Rises 4.16% in One Hour to $0.09739 as Daily Gain Reaches 9.86%
The price was captured at 1:46 a.m. ET on Oct. 4 from Binance spot trading.
SKY Token Surges Amidst Remarkable Revenue Growth Surge
SKY Crypto's revenue didn't just grow.
How SKY crypto's 10x revenue surge could extend its 11% rally
Revenue grew 799% in a few days, while Transaction and Daily Active User counts also increased.
Sky Protocol Retains B- Rating as Stablecoin Supply Reaches $9.5 Billion
The rating was affirmed Oct. 1 with a stable outlook. USDC and Treasury-backed money-market funds totaled $4.92 billion, about half of USDS and DAI in circulation.
Sky's USDS Supply Reaches $10.04 Billion as of June 30
USDS supply rose 96.9% year over year, while Sky Agents deployed more than $5.5 billion through Sky Protocol into institutional strategies.
Sky Ecosystem boosts USDS supply above $10B after $237M increase
Sky Ecosystem's USDS growth highlights DeFi's increasing institutional integration, but reliance on major partners poses potential systemic risks. Sky Ecosystem boosts USDS supply above $10B after $237M increase.
SKY crypto price prediction: Can SKY hold its breakout above $0.084?
SKY climbed to a multi-month high as rising trading activity helped the token break above two important price barriers.
Galaxy Digital adds $100M Sky sUSDS to treasury, buys SKY tokens
Galaxy Digital put $100M of Sky Protocol's sUSDS on its balance sheet and bought SKY tokens. It's one of the first public companies to hold sUSDS.
Galaxy adds $100 million in Sky's sUSDS to treasury, buys SKY token as firms deepen lending ties
Galaxy added $100 million in sUSDS to its treasury and approved the Sky savings token as institutional loan collateral.
Sky Burns 2.86 Million SKY Tokens in First-Ever Supply Reduction
The Sky protocol completed its first token burn, permanently eliminating 2.86 million units acquired on the open market using the ecosystem's own funds. The operation used 5% of the monthly Net Protocol Surplus allocated to buybacks and burns, one of the three capital allocation mechanisms defined in Stage 2 of the protocol.
Analyst Sees SKY Rising 5x, Beating Bitcoin on ‘Federal Bank' Model
Standard Chartered expects SKY to climb from a reference price of $0.065 to $0.325 by end-2028. The bank ties its fivefold projection to expanding USDS supply, agent borrowing, staking rewards, and token buybacks.
‘DeFi's federal bank': Standard Chartered sees SKY token rising fivefold by end-2028
Standard Chartered Bank has initiated coverage of Sky, calling it "DeFi's federal bank," and expects SKY to rise $0.325 by 2028.
