What is Sky?
Sky (SKY) is an altcoin currently ranked 49th by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.
Market position
At the current price of $0.0706, Sky carries a market capitalization of $1.64B. Daily trading volume across exchanges sits at roughly $4.84M. That works out to a 24-hour turnover of about 0.30% of the float — lower than the broad crypto market average, suggesting limited short-term speculative flow.
Price action across timeframes
Over the past 24 hours, Sky has moved ++0.91%; over the past week, Sky has moved -3.30%; over the past 30 days, Sky has moved -11.68%; over the past year, Sky has moved -2.49%. The trend reads as broadly negative across timeframes — short-, mid-, and long-term momentum align downward.
Cycle position
Sky is currently trading well below its all-time high (all-time high of $0.1000, -29.4% from peak). A markdown phase — early enough to position, but proceed with care. From its all-time low of $0.0322, current pricing represents a +120% recovery.
Supply & dilution
The circulating supply stands at 23,463,144,887 SKY. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.
Volatility profile
Recent price action puts Sky in the Low-volatility bucket. The asset has been relatively stable, with moves typical of large-cap, mature assets. Over the past 30 days, the 30-day move totals -11.68%, which traders should weigh against position sizing and stop-loss placement.
How to evaluate Sky
A balanced read on SKY typically considers three lenses:
- Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
- Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
- Comparable assets — how is SKY performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.
This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.
Project description
Sky (SKY) is a decentralized blockchain platform that aims to facilitate the development of decentralized applications and smart contracts, leveraging a unique consensus mechanism for enhanced security. Its ecosystem is designed to provide scalability and efficiency for developers and users alike. Source: CoinPaprika.com